DSIJ Mindshare

Additionally, the company’s order book as of April 1, 2023 stood at Rs 60,690 crore. Including the above orders, the company’s current order book stands at Rs 66,781 crore. Furthermore, the company declared a final dividend of Rs 0.60 per equity share (having a face value of Rs 1 each) on the enhanced share capital of the company post- bonus issue on Sept 15, 2022.

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.

Talking about the financials, the company has a market cap of Rs 22.68 crore with a 3-year CAGR of 19 per cent. The company reported positive numbers in its quarterly results and annual results. In FY23, the company reported net sales of Rs 20.15 crore and net profit of Rs 0.73 crore.

On Friday, the benchmark indices ended the trading session in green. BSE Sensex Index is up by 1.26 per cent at 64,718.56, and NSE Nifty-50 Index is up by 1.14 per cent at 19,189.05.

The company has maintained a respectable dividend payout of 65.5 per cent.