HDFC Bank is set to release its financial performance for the quarter ending December 2024 (Q3FY25) today, January 22. As investors await the results, the HDFC share price is trading flat, down by 0.14%, at Rs 1,641.70 during the intraday session.
HDFC Bank Vs Nifty 50: Stock performance over the time
Looking at the stock’s performance over various timeframes, the share price of HDFC Bank posted mixed results in recent weeks and months.
The share price of HDFC Bank over the past 5 days has fallen by 0.76%, trading at Rs 1,639.95. On a monthly basis, the stock saw a dip of 8.68%
Also Read Q3 Results: HDFC Bank, HUL, BPCL posts profit rise of 2.22%, 19.18%, 19.63%, respectively Why is the stock market falling today? Here are 3 reasons… Why are tech stocks rallying? Here are 3 reasons Trump Inauguration highlights: President Trump eyes 10% tariff on Chinese imports starting next month
Meanwhile, in the past 6 months, HDFC Bank has gained slightly, with a marginal increase of 0.12% and over the past year, the stock has posted a modest rise of 0.12%.
To compare it with the Nifty 50, in the past 5 days, the Nifty 50 has fallen by 1.43%, while in the last 6 months, it has dropped by 6.11%. However, over the past year, the index has gained 8.36%.
Also Read: Q3 Results Live Updates: HDFC Bank, HUL, BPCL, Coforge, Tata Communications, others releasing Q3 results today
HDFC Bank: Key highlights of the stock metrics
HDFC Bank has a market capitalisation of Rs 12.55 lakh crore, with a Price-to-Earnings (P/E) ratio of 18.10 and a dividend yield of 1.19%.
The stock’s 52-week high stands at Rs 1,880.00, while its 52-week low is Rs 1,363.55. The current share price of Rs 1,641.70 is approximately 12.7% away from reaching its 52-week high.
HDFC Bank: Timing of the earnings announcement
Investors are closely watching today’s earnings announcement, as it will highlight the bank’s financial health and the future prospectus.
In an exchange filing on December 16, the company said, “We wish to inform you that a meeting of the Board of Directors of HDFC Bank Limited (“the Bank”) is scheduled to be held on Wednesday,
» Read More
