HDFC Bank ends lower on BSE index. The bank is set to raise up to Rs.5,000 crore by way of infrastructure bonds. Rating agency, Crisil has assigned ‘AAA/Stable’ rating to the bond issuance. Last year, HDFC Bank had raised Rs.3,000 crore by issuing bonds on a private placement basis.
The bank's stock ended at Rs. 1064.9, down by Rs. 6.3 or 0.59% from its previous closing of Rs. 1071.2 on the BSE.
The scrip opened at Rs. 1066 and touched a high and low of Rs. 1073 and Rs. 1057 respectively. A total of 1327367(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 270819.34 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. 1078.7 and Rs. 1041.8 respectively.
The promoters holding in the company stood at 21.51 % while Institutions and Non-Institutions held 43.59 % and 16.17 % respectively.
The stock traded above its 200 DMA.