Company Profile

HDFC Bank has opened a branch at Kavaratti Island in the Union Territory of Lakshadweep. This makes it the only private sector bank to have a branch in the Union Territory. This branch is aimed at upgrading the banking infrastructure in the Union Territory by offering wide range of services with focus on personal banking, digital banking which also includes customised digital solutions including QR based transaction to retailers.

HDFC Bank is one of India’s premier banks providing a widerange of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.

HDFC Bank has sold 27,81,897 shares representing 3.03% of the share capital of Indraprastha Medical Corporation (Indraprastha). 27,81,897 shares of Indraprastha (being 3.03% equity stake) were sold over a period between February 29, 2024 and April 04, 2024 (both days inclusive) by HDFC Bank. Out of 50,31,897 equity shares, bank has sold 27,81,897 shares. 

HDFC Bank is one of India’s premier banks providing a widerange of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.

HDFC Bank has reported growth of around 55.4% in its gross advances to around Rs 25,080 billion as of March 31, 2024 (Q4FY24) as compared to Rs 16,142 billion as of March 31, 2023 and a growth of around 1.6% (Rs 387 billion) over Rs 24,693 billion as of December 31, 2023.

The Bank’s deposits aggregated to around Rs 23,800 billion as of March 31, 2024, a growth of around 26.4% over Rs 18,834 billion as of March 31, 2023 and a growth of around 7.5% (Rs 1,660 billion) over Rs 22,140 billion as of December 31, 2023.

The Bank’s CASA deposits aggregated to around Rs 9,090 billion as of March 31, 2024, a growth of around 8.7% over Rs 8,360 billion as of March 31, 2023 and around 8.8% (Rs 734 billion) over Rs 8,356 billion as of December 31, 2023. Retail CASA grew by around 8.8% over March 31, 2023 and grew by around 6.3% (Rs 479 billion) over December 31, 2023. The Bank’s CASA ratio stood at around 38.2% as of March 31, 2024, as compared to 44.4% as of March 31, 2023 and 37.7% as of December 31, 2023.

HDFC Bank is one of India’s premier banks providing a widerange of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.

HDFC Bank is currently trading at Rs. 1513.70, up by 31.15 points or 2.10% from its previous closing of Rs. 1482.55 on the BSE.

The scrip opened at Rs. 1505.00 and has touched a high and low of Rs. 1526.05 and Rs. 1505.00 respectively. So far 662695 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1757.80 on 03-Jul-2023 and a 52 week low of Rs. 1363.45 on 14-Feb-2024.

Last one week high and low of the scrip stood at Rs. 1526.05 and Rs. 1456.10 respectively. The current market cap of the company is Rs. 1150666.07 crore.

The Institutions holding in the company stood at 83.02%, while Non-Institutions held 16.97% in the company. 

HDFC Bank has reported growth of around 55.4% in its gross advances to around Rs 25,080 billion as of March 31, 2024 (Q4FY24) as compared to Rs 16,142 billion as of March 31, 2023 and a growth of around 1.6% (Rs 387 billion) over Rs 24,693 billion as of December 31, 2023.

The Bank’s deposits aggregated to around Rs 23,800 billion as of March 31, 2024, a growth of around 26.4% over Rs 18,834 billion as of March 31, 2023 and a growth of around 7.5% (Rs 1,660 billion) over Rs 22,140 billion as of December 31, 2023.

The Bank’s CASA deposits aggregated to around Rs 9,090 billion as of March 31, 2024, a growth of around 8.7% over Rs 8,360 billion as of March 31, 2023 and around 8.8% (Rs 734 billion) over Rs 8,356 billion as of December 31, 2023. Retail CASA grew by around 8.8% over March 31, 2023 and grew by around 6.3% (Rs 479 billion) over December 31, 2023. The Bank’s CASA ratio stood at around 38.2% as of March 31, 2024, as compared to 44.4% as of March 31, 2023 and 37.7% as of December 31, 2023.

HDFC Bank is one of India’s premier banks providing a widerange of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.

Ceinsys Tech has received work order from SMC Infrastructures for execution of 8000 Nos. House Service Connections in Satranjipura Zone No. 7 & Lakadganj Zone No. 8 Area amounting to Rs 6.79 crore. The order is to be executed within 12 months.

Birla Cable has received approval for expansion of production capacity of Data Cables viz. Structured LAN Ethernet Cable facilities by 10,000 Boxes per month at the company’s manufacturing facility situated at Udyog Vihar, P.O Chorhata, Rewa, Madhya Pradesh.

Adani Green Energy’s (AGEL) wholly-owned stepdown subsidiaries -- Adani Green Energy Twenty Five A and Adani Solar Energy RJ Two have operationalized an aggregate 212 MW solar power projects at Khavda, Gujarat and Phalodi, Rajasthan. Based on the relevant clearances, it was decided on March 29, 2024 to operationalize the plant and commence power generation from March 30, 2024.

HDFC Bank has entered into a binding term sheet to sell its entire equity stake in HDFC Education and Development Services.

Electronics Mart India has commenced the commercial operations of two new Multi Brand Stores under the brand name ‘ELECTRONICS MART’ on March 29, 2024 in Haryana. The first store is located at Civil Lines, Jail Road near Sohna Chowk, Gurgaon, Haryana with area of 8,000 Square feet. Another store is located at Urban Estate, Gurugram Tehsil, Gurugram, Haryana with area of 3,600 Square feet.

Borosil Renewables has acquired 5,874 shares of face value of EUR 1000 each, at a price of EUR 1078.82, aggregating to EUR 63,37,195, of Laxman AG, a wholly owned subsidiary of the Company.  Objects of acquisition is to strengthen the equity base of Laxman AG, the loans granted to Laxman AG have been converted into equity. 

Zomato has received an order for FY 2018-19 pursuant to the audit of GST returns and accounts by the Assistant Commissioner of Commercial Taxes (Audit), Karnataka raising demand of GST of Rs 11,27,23,564, along with applicable interest and penalty totaling to Rs 23,26,64,271.