HDFC Bank rose 1.5 percent to Rs 1,212.50 on BSE after a bulk deal of 4.51 lakh shares was executed on the scrip at Rs 1,207.95 per share on BSE.
.Meanwhile, the S&P BSE Sensex was up 158.87 points or 0.59 percent at 26,885.42
Bulk deal boosted volume on the scrip. On the BSE, 5.33 lakh shares were traded on the counter so far as against the average daily volumes of 1.24 lakh shares in the past one quarter. The stock had hit a high of Rs 1,214 and a low of Rs 1,1996 so far during the day.
The stock had hit a 52-week high of Rs 1,318.20 on 23 September 2016. The stock had hit a 52-week low of Rs 928.80 on 29 February 2016. The stock had underperformed the market over the past 30 days till 9 January 2017, falling 0.27 percent compared with Sensex's 0.08 percent fall.
The scrip had also underperformed the market in past one quarter, sliding 6.97 percent as against Sensex's 4.83 percent decline.
The large-cap bank has equity capital of Rs 511.07 crore. Face value per share is Rs 2.
HDFC Bank's net profit rose 20.41 percent to Rs 3455.33 crore on 15.27 percent growth in total income to Rs 19970.89 crore in Q2 September 2016 over Q2 September 2015.
HDFC Bank is one of the leading private sector banks in India. As of 30 September 2016, the bank's distribution network was at 4,548 branches and 12,016 ATMs across 2,596 cities/towns.
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