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 1043 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 0 381 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 0 531 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.

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