The shares of HDFC Limited (Housing Development Finance Corporation) and HDFC Bank have fallen heavily in the last few days.
In the last one month, the stock of HDFC Limited has fallen by 15.1% and the share price of HDFC Bank has fallen by 10.2%. Selling by Foreign Institutional Investors (FIIs).
FIIs are outflowing capital from the Indian market due to the rate hike by the US Fed. In December 2021, FIIs held 72.14% in HDFC Ltd and 37.47% in HDFC Bank, which is a significant percentage.
Apart from this, some time ago RBI (Reserve Bank of India) had banned HDFC Bank’s credit cards and some digital initiatives which had an impact on the bank’s business.
And overall Bank Nifty has also underperformed in comparison to Nifty 50 or Sensex. In the last one month, Nifty 50 is down 8.6% while Nifty Bank is down 11.9%.
HDFC Bank share: Financials
| 52 Week High | 1,725.00 |
| 52 Week Low | 1,336.90 |
| Sector PE | 28.54 |
| Face Value | 1 |
| Dividend Yield | 0.48 |
| Mkt Cap (Rs. Cr.) | 757,554 |
| Book Value Per Share | 379.61 |
Read Also: Netflix adds 8.3mn subscribers less than expected in Q4: Netflix stock slumps
| Net Profit 2021 (Rs. Cr.) | 31,857 |
| Revenue 2021 (Rs. Cr.) | 128,552 |
| EPS | 57.88 |
| ROE | 15.17 |
| Dividend/Share (INR) | 6.50 |
| Promoters holding | 25.8% |
Read Also: Two-wheeler stocks fall, February 2022 sales numbers lower than expected
Read Also: Sensex and Nifty 1.5% down amid Russia-Ukraine crisis | Russia Ukraine conflict explained
This article is only for education purpose and the author has his own views and research, so if you invest in these stocks then do it at your own risk and do the research yourself before investing.
Read Also: Sensex and Nifty 2% down amid rising oil price, Russia-Ukraine crisis, ABG Shipyard Ltd case