Thursday 25 July 2013

HDFC Bank shines on inaugurating three rural branches in West Bengal

HDFC Bank is currently trading at Rs. 663.00, up by 2.85 points or 0.43% from its previous closing of Rs. 660.15 on the BSE.

The scrip opened at Rs. 662.00 and has touched a high and low of Rs. 664.80 and Rs. 656.00 respectively. So far 19,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 727.00 on 30-May-2013 and a 52 week low of Rs. 563.00 on 26-Jul-2012.

Last one week high and low of the scrip stood at Rs. 691.45 and Rs. 654.00 respectively. The current market cap of the company is Rs. 1,58,287.00 crore.

The promoters holding in the company stood at 22.74% while Institutions and Non-Institutions held 43.10% and 17.13% respectively.

HDFC Bank has inaugurated three rural branches in West Bengal. Out of these three branches, one is at Kankabati village in Paschim Medinipur district, and two others at Dihibatpur Panchanantala and Gopinagar in Hooghly district.

At present, the bank has 9 branches in Hooghly and 3 branches in Paschim Midnapore district, taking the total to 134 branches in the State. With this initiative, it has 53% of the bank’s branches in semi-urban and rural areas.

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