HDFC Bank Limited added ₹44,581 crore to its market capitalization today, with the stock price rising by ₹56.15 (3.34%) to ₹1,738.00 as of 10:11 AM. The surge in stock price has significantly boosted the bank’s overall valuation in the market.
Stock Price and Market Impact:
- Previous Close: ₹1,681.85
- Open: ₹1,715.00
- High: ₹1,739.50
- Low: ₹1,711.05
- Current Price: ₹1,738.00
With this price surge, HDFC Bank’s total market capitalization now stands at ₹13,26,229.27 crore, an increase of approximately ₹44,581 crore from the previous day. The traded volume reached 62.67 lakh shares, with a traded value of ₹1,082.55 crore by mid-morning.
MCAP Contribution:
The bank’s robust performance today has contributed significantly to its market cap, with the free-float market cap at ₹13,17,648.99 crore. This rise is driven by strong investor interest and positive market sentiment.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Please consult a financial advisor before making any investment decisions.