HDFC Bank crosses ₹6 trillion market cap mark as shares hit record high
Business / HDFC Bank crosses ₹6 trillion market cap mark as shares hit record high
Business - HDFC Bank crosses ₹6 trillion market cap mark as shares hit record high
HDFC Bank is only the third Indian firm—after Reliance Industries Ltd (RIL) and Tata Consultancy Services (TCS)—to achieve the mark. HDFC Bank’s steady 20% profit growth quarter-after-quarter as well as its immunity to the bad loans crisis has helped the stock. The HDFC Bank stock has gained for fifth session in a row, rising as much as 6% in this period. Year to date, it has advanced 4.8%, better net interest margin