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HDFC falls after declaring Q1 result

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Capital Market

HDFC fell 1.82% to Rs 1,311 at 15:04 IST on BSE after net profit rose 1.21% to Rs 1360.98 crore on 9.39% rise in total income to Rs 7068.28 crore in Q1 June 2015 over Q1 June 2014.

The result was announced during market hours today, 28 July 2015.

Meanwhile, the S&P BSE Sensex was down 70.37 points or 0.26% at 27,491.01

On BSE, so far 73,688 shares were traded in the counter as against average daily volume of 1.63 lakh shares in the past one quarter.

The stock hit a high of Rs 1,338 and a low of Rs 1,304.10 so far during the day. The stock had hit a record high of Rs 1,399.80 on 4 March 2015. The stock had hit a 52-week low of Rs 975.25 on 16 October 2014.

 

The stock had outperformed the market over the past one month till 27 July 2015, rising 3.64% compared with Sensex's 0.9% decline. The scrip also outperformed the market in past one quarter, surging 10.18% as against Sensex's 1.41% gain.

The large-cap company has equity capital of Rs 315.28 crore. Face value per share is Rs 2.

HDFC has a wide network of offices spread across the country. It also has offices in Dubai, London and Singapore and service associates in the Middle East region, to provide housing loans and property advisory services to Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs).

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First Published: Jul 28 2015 | 2:55 PM IST

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