Page 4 - Hdfc Ltd

HDFC's pre-tax profit down 27% in Q4 due to higher provisioning for Covid

After adjusting for fair value adjustments, profit on sale of investment, dividend and provisioning, the adjusted profit before tax for the quarter ended March 31, 2020 is, Rs 3,535 crore

Housing firm HDFC Ltd profit declines 10% to Rs 4,342 crore in Q4

The company's net profit (before adjustment of minority interest) was Rs 4,811.26 crore in January-March quarter of 2018-19

HDFC extends rally, jumps 5%; stock surges 15% in three days

Analysts expects the asset quality in housing to hold up well, although slippages from self-employed affordable housing segment may increase

HDFC rallies 2% to hit all-time high of Rs 2,363; analysts remain bullish

Analysts see HDFC as a low-risk play on an improving underlying housing cycle. They believe the stock offers growth with reasonable value and should remain a core holding

HDFC Ltd-promoted Gruh Finance merges with Kolkata-based Bandhan Bank

Bandhan Bank announced the opening of 106 additional home loan distribution points

HDFC Q1 preview: Analysts see up to 50% rise in PAT, dip in provisions

Edelweiss Securities, however, expects a higher PAT at Rs 3,433 crore, up nearly 57 per cent YoY, on the back of one-time gain from stake sale in Gruh Finance

HDFC joins Rs 4 trillion market capitalisation league; stock hits new high

The stock of the mortgage lender touched a fresh record high of Rs 2,327 per share, up 2 per cent intra-day on the BSE, surpassing its previous high of Rs 2,301 touched on July 5.

HDFC says it has sold 4.22% stake in Gruh finance for Rs 899 crore

Gruh is engaged in the business of providing home loans and is registered with the National Housing Bank as a housing finance company

HDFC To raise Rs 3,000 crore through non-convertible debentures

The coupon rate of the bonds is fixed at 8.55 per cent with redemption date of March 27, 2029.

HDFC to raise Rs 85 bn by issuing bonds to shore up long-term capital needs

The securities, with a tenor of 10 years, bear coupon rate of 9% per annum

HDFC reports 25% jump in Q2 standalone net profit to Rs 24.67 billion

Total income during the September quarter stood at Rs 112 bn, up from Rs 90 bn in the same period of the previous financial year

Home loan to get costlier: HDFC raises retail prime lending rate by 10 bps

With the revision, PNB's overnight marginal cost of funds based lending rate (MCLR) now stands at 8.2 per cent as against 7.9 per cent

Indian lender HDFC Bank's US share sale to raise about $1.81 billion

HDFC Bank is an investor favourite at a time when India's banking sector has been plagued by a record $150 billion in non-performing loans

HDFC Q1 net profit up 54% to Rs 21.9 bn; gets nod for Rs 350-bn bonds issue

HDFC has also been allowed to raise up to $1.5 bn by tapping foreign sources through the external commercial borrowing route

HDFC approves OFS for HDFC AMC through IPO

HDFC AMC, is the second largest fund house after ICICI Prudential AMC

HDFC Q2 consolidated net profit rises 17% to Rs 2,869 cr

The stock traded 0.86 per cent up at Rs 1,808.55 on the BSE