CosmicTaco

HDFC Bank Hits Rs 14 Trillion Market Cap Milestone

CosmicTaco · 2024-11-28T16:04:39.059247+05:30

- HDFC Bank's market cap surpassed Rs 14 trillion for the first time, driven by a record stock high of Rs 1,836.05 on the BSE. - The bank is now India's third most valuable company, trailing only Reliance Industries and Tata Consultancy Services. - HDFC Bank reported a 5.3% YoY growth in Q2 FY25 profit, with plans to boost loan growth above industry average by FY27. Source: [Times Now News](https://www.timesnownews.com/business-economy/markets/hdfc-bank-shares-hit-52-week-high-market-cap-crosses-rs-14-lakh-crore-article-115760523), [Abp News](https://news.abplive.com/business/hdfc-bank-hits-milestone-with-market-cap-surpassing-rs-14-trillion-1734333), [The Economic Times](https://economictimes.indiatimes.com/markets/stocks/news/hdfc-banks-m-cap-surpasses-rs-14-lakh-crore-for-the-first-time-after-stock-hits-record-high/articleshow/115758232.cms)

HDFC Bank's market cap surpassed Rs 14 trillion for the first time, driven by a record stock high of Rs 1,836.05 on the BSE.
The bank is now India's third most valuable company, trailing only Reliance Industries and Tata Consultancy Services.
HDFC Bank reported a 5.3% YoY growth in Q2 FY25 profit, with plans to boost loan growth above industry average by FY27.

Source: Times Now News, Abp News, The Economic Times