HDFC Bank ends marginally up; reports 20% rise in Q4FY16 net profit

The bank recorded standalone net profit of Rs. 3,374.22 crore for the quarter ended March 31, 2016, registering growth of 20.21% yoy and 0.52% qoq. It's Net Interest Income (NII) for the quarter stood at Rs. 7,453.34 crore, clocking growth of 23.95% yoy and 5.44% qoq.

Apr 22, 2016 10:04 IST India Infoline News Service

HDFC Bank
HDFC Bank ends marginally up, after reporting Q4FY16 earnings. The bank recorded standalone net profit of Rs. 3,374.22 crore for the quarter ended March 31, 2016, registering growth of 20.21% yoy and 0.52% qoq. It's Net Interest Income (NII) for the quarter stood at Rs. 7,453.34 crore, clocking growth of 23.95% yoy and 5.44% qoq.
The bank's stock ended at Rs. 1092.3, up by Rs. 1.25 or 0.11% from its previous closing of Rs. 1091.05 on the BSE.
The scrip opened at Rs. 1098.75 and touched a high and low of Rs. 1100.9 and Rs. 1085.65 respectively. A total of 2110853(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 275837.79 crore.
The BSE group 'A' stock of face value Rs. 2 touched a 52 week high of Rs. 1127.9 on 21-Jul-2015 and a 52 week low of Rs. 928.8 on 29-Feb-2016. Last one week high and low of the scrip stood at Rs. 1104.9 and Rs. 1072 respectively.
The promoters holding in the company stood at 21.49 % while Institutions and Non-Institutions held 43.5 % and 16.3 % respectively.
The stock traded above its 200 DMA.

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