|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||2,001.00 - 2,023.90|
|52 Week Range||1,832.95 - 2,023.90|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||30.89|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
(Reuters) - HDFC Bank on Friday said its Deputy Managing Director Paresh Sukthankar has resigned and will vacate his post in 90 days. The resignation comes after the bank said in June it was seeking shareholders' ...
HDFC's qualified institutions placement (QIP) of 12.8 million equity shares in India was also priced at Rs. 2,160 per equity share, which is expected to raise about Rs. 27.61 billion, the bank said in a filing. Proceeds from the ADSs offering and the QIP are expected to be used to strengthen the bank's capital structure and to support growth and expansion, the bank said.
NEW DELHI/BENGALURU (Reuters) - HDFC Bank Ltd launched separate share sales on Monday in the United States and its home Indian market in a bid to raise as much as 155 billion rupees ($2.26 billion). The Indian lender, which is also listed in New York, is offering up to 19 million American Depositary Shares, representing 57 million equity shares, according to a filing. HDFC, the Indian bank with the highest market capitalisation, also opened a share sale in India, which according to a deal term sheet has a base size of 20 billion rupees with an option to upsize to up to 37.5 billion rupees.
MUMBAI (Reuters) - Fourth-quarter net profit at HDFC Bank Ltd slightly missed estimates as a result of higher bad loans, although it still rose by about a fifth to a record on Saturday. Net profit rose ...
India's market regulator ordered HDFC Bank (HDBK.NS) on Friday, to conduct an internal inquiry into the suspected leaking of key unpublished financial information and to strengthen its handling of such data. The direction from the Securities and Exchange Board of India (SEBI) comes in the wake of an investigation that the regulator opened following a Reuters report late last year that prescient messages about company results and other matters had circulated in private WhatsApp chatrooms before their official release. Reuters identified 12 such instances on as many companies in the report, HDFC Bank was among the companies identified.
HDFC Bank Ltd, India's second-biggest lender by assets, said on Wednesday it would raise up to 240 billion rupees ($3.75 billion) to fund growth by selling shares to investors, including a preferential issue to its parent HDFC Ltd. HDFC Bank, the most valuable in the sector with a market capitalisation of more than $76 billion, said in a statement its board had approved the fundraising plan on Wednesday. As part of the planned fundraising, HDFC Bank will issue up to 85 billion rupees worth of shares to mortgage lender HDFC Ltd on a preferential basis, while the remainder will be raised via modes including American Depositary Receipts and a share sale in India to institutional investors.
Indian mortgage lender Housing Development Finance Corp Ltd said on Tuesday it would raise as much as 130 billion rupees ($2.03 billion) by selling shares or convertible bonds mainly to maintain its stake in HDFC Bank. HDFC, the parent of HDFC Bank and whose main business is home loans for retail customers, will seek to subscribe to a potential preferential share issue by HDFC Bank so that its holding in the bank remains at about 21 percent.