DSIJ Mindshare

Shares of HDFC Bank fell 6.5 per cent this week; here's why

The second largest decline in HDFC Bank’s share price this year occurred yesterday, following the one in May 2023, with a drop of 5.9 per cent on this specific day.

Rakesh Deshmukh 0 1006 Article rating: 4.3

In terms of market capitalization, it experienced a loss of approximately Rs 49,355 crore on September 20, which marked the second-largest decline, going from Rs 12,34,104 crore to Rs 11,84,749 crore.

$64 billion HDFC merger deal but bankers get mere 0.0002 per cent in fees!

The merger valued at $64 billion, is generating minimal fees for the financial advisers, underscoring the challenges faced by investment bankers in India in terms of profitability.

Siddharth Mane 0 352 Article rating: 5.0

On Tuesday, shares of the company surged by 0.86 per cent to trade at Rs 1,734.40. Additionally, on Monday, the scrip traded at its 52-week high of Rs 1,757.80.

Following SEBI's latest move, shares of this company soared 12 per cent on Friday, reaching at a near one-year high!

While the merger will elevate HDFC Bank to the position of fourth-largest bank in the world, it is necessary to monitor the performance of other HDFC Group stocks.

Mandar Wagh 0 500 Article rating: 5.0

While the merger will elevate HDFC Bank to the position of fourth-largest bank in the world, it is necessary to monitor the performance of other HDFC Group stocks.

RSS
1345678910Last
DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR