HDFC Bank fell 0.76% to Rs 1,946 at 09:29 IST on BSE after the bank declared its Q4 result on Saturday, 21 April 2018.
On the BSE, 1.10 lakh shares were traded on the counter so far as against the average daily volumes of 38,000 shares in the past two weeks. The stock hit a high of Rs 1,984 and a low of Rs 1,894.85 so far during the day. The stock had hit a record high of Rs 2,014 on 1 February 2018. The stock had hit a 52-week low of Rs 1,450 on 20 April 2017.
The large-cap bank has equity capital of Rs 519.02 crore. Face value per share is Rs 2.
HDFC Bank reported 20.3% rise in net profit to Rs 4799.28 crore on 18.5% increase in total income to Rs 25549.66 crore in Q4 March 2018 over Q4 March 2017.
HDFC Bank's total capital adequacy ratio (CAR) as per Basel III guidelines was at 14.8% as on 31 March 2018 (14.6% as on 31 March 2017) as against a regulatory requirement of 10.875% including Capital Conservation Buffer of 1.875%. Tier 1 CAR was at 13.2% as of 31 March 2018 compared to 12.8% as of 31 March 2017. Risk-weighted Assets were at Rs 800,126 crore (as against Rs 640,030 crore as at 31 March 2017).
HDFC Bank said that the bank's board of directors has recommended a dividend of Rs 13 per share for the year ended 31 March 2018.
HDFC Bank is one of the leading private sector banks in India. As of 31 March 2018, the bank's distribution network was at 4,787 banking outlets and 12,635 ATMs.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)