Shares of HDFC Bank surged to a record high of ₹1,832.70 during today’s trading session, supported by its strong fundamentals and positive market sentiment. As of 9:29 am, the stock was trading 0.85% higher at ₹1,827.65.
The bank, now India’s largest private-sector lender post-merger with HDFC Ltd, continues to lead the market with a well-balanced loan book and a strong Current Account Savings Account (CASA) ratio.
According to Mirae Asset Capital Markets, HDFC Bank’s robust growth in both retail and wholesale lending segments solidifies its position as a market leader in the Indian banking sector.
This performance underlines investor confidence in HDFC Bank’s ability to sustain long-term growth, driven by its operational excellence and market dominance.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.
