HDFC Bank shares remained active in Thursday’s trading session after a block deal involving 4,73,460 shares was executed at ₹766 per share, taking the total transaction value to approximately ₹36.28 crore.
The identities of the buyer and seller involved in the transaction were not immediately disclosed.
Following the transaction, HDFC Bank shares were trading higher in early trade. The stock was quoted at ₹764.60, up 0.67% or ₹5.10 on the NSE around 9:56 AM on May 21.
The banking heavyweight touched an intraday high of ₹768.25 and a low of ₹762 during the session, compared with its previous closing price of ₹759.50.
HDFC Bank currently commands a market capitalisation of approximately ₹11.77 lakh crore, making it one of India’s most valuable listed companies. The stock has traded within a 52-week range of ₹726.65 to ₹1,020.50.
The lender remains among the most actively traded banking counters in the market, with average daily traded volume standing at nearly 3.54 crore shares.
At current levels, HDFC Bank trades at a price-to-earnings (P/E) ratio of 15.52 and offers a dividend yield of 1.70%.
Block deal activity in large-cap banking stocks is closely tracked by investors, especially amid ongoing institutional portfolio rebalancing and broader market volatility linked to global interest rate and liquidity expectations.
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