HDFC Bank’s market cap declines Rs 23,612 crore as stock falls nearly 2%

Shares of HDFC Bank Limited saw a decline, closing at ₹1,687.30, which represents a 1.80% drop from the previous close of ₹1,718.20. This decrease led to a reduction of approximately ₹23,612.51 crore in the company’s market capitalization.

As of today’s trading session, HDFC Bank’s market cap stands at ₹12,89,365.06 crore. The stock opened at ₹1,716.75, reached a high of ₹1,729.40, and a low of ₹1,683.75, indicating downward momentum.

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Key Trading Information

  • Traded Volume: 116.53 lakh shares
  • Traded Value: ₹1,991.58 crore
  • Deliverable Percentage: 52.41%

Price Information

  • 52-Week High: ₹1,794.00 (as of 03-Jul-2024)
  • 52-Week Low: ₹1,363.55 (as of 14-Feb-2024)
  • Upper Price Band: ₹1,890.00
  • Lower Price Band: ₹1,546.40

Additional Security Information

  • Status: Listed
  • Date of Listing: 08-Nov-1995
  • Index: Nifty 50
  • Industry: Private Sector Bank

The decline in HDFC Bank’s share price reflects current market sentiment, impacting its valuation.

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