HDFC Bank surges to day’s high following strong Q2FY24 performance

HDFC Bank, India’s largest private sector lender, has showcased a robust performance, reporting an impressive 57.7% year-on-year (YoY) growth in its gross advances for the September quarter. Simultaneously, the bank’s deposits saw a substantial rise of about 30% YoY during the same period.

HDFC Bank at day’s high


Amidst these positive figures, HDFC Bank Ltd. is currently trading at 1.24%, standing at ₹1526.75,which is the day high for the stock.

The opening value was noted at ₹1495.00, with the previous close recorded at ₹1508.05. The bank’s strong market presence is reflected in its market capitalization, amounting to ₹1,156,757 crore.

These figures underscore HDFC Bank’s consistent financial prowess and its ability to navigate the dynamic economic landscape.