Click it and Unblock the Notifications
HDFC Shares Slump 3 Per Cent As Investors Disappointed With Q2 numbers
Shares in HDFC slumped 3 per cent after investors remained disappointed with the company's numbers. While the net profits were in line, investors fretted over the growth in loan book.
The loan book for the institution grew at 18 per cent for the Sept quarter, as against 19 per cent in the June quarter and 20 per cent in the March quarter.
Increasing competition from banks and other NBFCs has ensured that competition in the segment remains high. This also had an effect on the net interest income of the institution that grew at 6 per cent. Asset quality was stable as has always been the case with HDFC.
The shares of HDFC were last trading at Rs 1279, down almost 3 per cent over Monday's close.
GoodReturns.in
More From GoodReturns
Gas Cylinder Booking Rules: 5 Things To Know For Your 14.2Kg, 19KG, 5KG, 10KG LPG Booking In April 2026
New PAN Card Rules From April 1, 2026: How To Apply For New PAN Card Via Protean, E-Filing Portal?
LPG Gas Cylinder Prices Hiked Again From April 1; 19 KG LPG Gets Costlier By Rs 218; 14.2 KG LPG Unchanged
Gold Rate in India Rises Over Rs 37,000/24K in Three Days; Will Jump in Gold Price Today Continue on 31 March?
Gold Price Today Declines After 3-Day Surge; Check Latest 22K, 24K, 18K Gold & Silver Rates in Delhi on 2April
Bank Holiday In April 2026: Banks To Be Closed For 14 Days; Good Friday, Baisakhi To Akshaya Tritiya
Hyderabad Gold Rates Today Crash By Rs 40,000 After 6 Days, Silver Rate Falls By Rs 10,000: 24K, 22K, 18k Gold
Fresh Drop in Gold Rate Today; Silver Stable: Latest 22K, 24K, 18K Gold & Silver Prices in Delhi on 30 March
Gold Rate in India Rebounds After Falling Nearly Rs 40,000 In a Day; Will Gold Price Today Jump or Drop?
Govt Approves PDS Kerosene Distribution in 21 States for 60 Days, Sets 5,000 L Storage Limit Amid LPG Crisis
Bank Holiday Today, Tomorrow & More: Banks Are Closed On March 31, April 1, April 2, April 3; Here's Why
Sign in with Google