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HDFC Bank gains post Q3 results
Source: IRIS | 16 Feb, 2015, 11.28AM
Rating: NAN / 5 stars.
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HDFC Bank, one of the leading private sector lenders, witnessed a rise in share price on Monday after it disclosed a good increase in standalone net profit for the quarter ended December 2014.

During the quarter, the profit of the bank rose 20.16% to Rs 27,945.10 million from Rs 23,257 million in the same quarter previous year.

Interest earned for the quarter rose 17.21% to Rs 149,307.40 million, compared with Rs 127,390 million for the prior year period.

Shares of the bank are trading at Rs 1,075.90, up Rs 10.05, or 0.94% at the Bombay Stock Exchange (BSE) on Monday at 11:24 a.m.

The scrip has touched an intra-day high of Rs 1,083.75 and low of Rs 1,073.35. The total volume of shares traded at the BSE is 83,621.

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