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Tag: HDFC Bank shares

Today’s HDFC Bank Q1 results. Net profit will increase, but CASA can decline

HDFC Bank Q1 results: Results for the first quarter will be released today by HDFC Bank. The board of directors of the private lender has scheduled a meeting for July 20, 2024, with the purpose of reviewing and approving unaudited standalone financial statements for the first quarter of the current economic cycle. Thus, today at…

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HDFC Bank shares drop over 3% due to deposits, growth drop in Q1 advances

HDFC Bank shares: The private lender’s Q1 business update, which revealed a sequential dip in both advances and deposits, caused the share price of HDFC Bank to drop by more than 3% in early trading on Friday. From ₹25.1 lakh crore at the end of March 2024 to ₹24.87 lakh crore at the end of…

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HDFC Bank shares, trading below ICICI Bank, After the Q4 results, should you buy stock?

HDFC Bank shares: Nuvama recommended aiming for Rs 1,760. Although it sees long-term franchise value, it thinks the quarterly earnings consistency will drive the short-term price performance. HDFC Bank shares, Analysts pointed out that HDFC Bank’s performance in the March quarter was acceptable on the majority of indicators, in contrast to the preceding two quarters…

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HDFC Bank records over 7% growth in deposits during Q4FY24, resulting in a 3% increase in stock value

HDFC Bank: The lender reported strong quarterly deposit growth in the March quarter, and as a result, HDFC Bank’s shares increased 2.9% to Rs 1,526. With total deposits of Rs 23.8 trillion at the end of the March quarter, the bank reported in its quarterly business update that it had grown by 26.4 percent year…

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HDFC Bank is focusing on selling its 100% stake in its education arm to a private lender

HDFC Bank: When the largest private lender made the decision to sell its entire stake in HDFC Education through the Swiss challenge method after careful consideration and in an effort to preserve transparency in the proposed divestment, shares of HDFC Bank Ltd. became the subject of attention on Monday morning. With regard to the aforementioned…

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