Discover the rollercoaster ride of HDFC Bank's Q3 results - from a significant profit surge to a sudden share price drop post-announcement.
HDFC Bank recently released its Q3 results, showcasing an impressive 33.5% jump in net profit to Rs 16,372 crore. Despite this stellar performance, the share price took a hit, plummeting by 7% after the announcement, causing a loss of a whopping Rs 77,000 crore in market capitalisation.
The anticipation was high with expectations of a robust performance, including a 30-32% rise in net profit, but the reality was a bit different. The slight decline in share value post-results left many investors scratching their heads.
Analysts are dissecting the reasons behind this sudden downturn, attributing it to the discrepancy between projected and actual numbers. The net interest margins and cost of funds seem to have played a significant role in the market's reaction.
In a surprising turn of events, even after the significant profit jump, HDFC Bank's US-listed shares witnessed a 7% fall, marking the most substantial decline since April 2022. This unexpected twist has left experts speculating about the bank's future trajectory and investor sentiment.
HDFC Bank Q3: Motilal Oswal Securities sees profit to rise 32.5 per cent YoY to Rs 16242 crore on 26.8 per cent YoY rise in NII at Rs 29142 crore.
Q3 results today: HDFC Bank, ICICI Lombard General Insurance Company, L&T Technology Services, TV18 Broadcast and Federal Bank are among the 31 companies ...
The net interest margins (NIMs) could see the pressure of the high cost of funds for HDFC Bank quarterly results, between a range of 3.4 percent to 3.6 percent.
HDFC Bank Q3 Results: HDFC Bank will release its earnings for the December quarter today, which will be the second earnings release after the merger with ...
HDFC Bank Q3 Results: India's largest private sector lender HDFC Bank is slated to post its Q3 results today. This will be the second earnings announcement ...
According to a Moneycontrol poll, HDFC Bank's NII in Q3 is expected at Rs 28846 crore against Rs 27385 crore in the previous quarter.
HDFC Bank is estimated to report a 30.5 per cent year-on-year jump in standalone net profit to Rs 16000 crore for the quarter ended December, according to ...
HDFC Bank shares were last up 0.43 per cent higher at ₹1,679.10 apiece on the BSE. 16 Jan 2024, 02:52:47 PM IST. HDFC Bank Q3 ...
Net interest income (NII) for the quarter, which is interest earned less interets expended, rose 23.9 per cent YoY to Rs 28470 crore ompared with Rs 22990 ...
HDFC Bank Q3 results: The bank's gross non-performing assets (NPA) stood at 1.26 percent, up from 1.23 percent last year.
HDFC Bank's Q3 FY24 net profit expected to grow by over 30-32%, but margins under pressure due to elevated cost of funds.
HDFC Bank posted a net profit of nearly 34 per cent year-on-year to Rs 16373 crore in the third quarter of FY24.
HDFC Bank Q3 Results : भारत का सबसे बड़ा प्राइवेट सेक्टर के बैंक HDFC Bank ने वित्त वर्ष 2024 की तीसरी तिमाही (FY24Q3) के रिजल्ट्स जारी कर ...
HDFC Bank Q3 Results: चालू वित्त वर्ष की अक्टूबर-दिसंबर तिमाही में HDFC Bank का मुनाफा 16,372.55 करोड़ रुपये रहा. · अनुमान से बेहतर नतीजा · NII ...
HDFC Bank Q3 Results: प्राइवेट सेक्टर के सबसे बड़े लेंडर एचडीएफसी बैंक ने आज मंगलवार को दिसंबर तिमाही के लिए अपने नतीजे जारी कर दिए ...
HDFC Bank reports 33 per cent jump in its net profit at ₹16372 crore in Q3 of FY24, as compared to ₹12, 259 crore a year ago.
HDFC Bank Q3 Results Update: अच्छे नतीजे की उम्मीद में हाल के दिनों में एचडीएफसी बैंक के स्टॉक में जोरदार खरीदारी देखने को मिली है.
HDFC Bank reports strong Q3 results, beating ETNow poll. Net profit rose 34% YoY to Rs 16372.54 crore. NII increased 24% YoY to Rs 28471.34 crore but fell ...
HDFC बैंक ने आज यानी 16 जनवरी को Q3FY24 यानी फाइनेंशियल ईयर 2024 की तीसरी तिमाही के नतीजे जारी कर दिए हैं। अक्टूबर-दिसंबर तिमाही में बैंक ...
HDFC Bank Q3 results: The October-December FY24 quarter witnessed surge in total deposits, which rose by 27.7% to ₹28.47 lakh crore, up from ₹22.29 lakh ...
HDFC Bank share price today: The third most valued stock plunged 6.48 per cent to hit a low of Rs 1570 on BSE. The market capitalisation of HDFC Bank ...
HDFC Bank results, HDFC Bank share price today, HDFC Bank share price target: HDFC Bank, country's largest private sector lender reported a standalone net ...
HDFC Bank share price cracked almost 7 per cent in morning trade on Wednesday, a day after Q3 results, even as most brokerage firms retained positive views ...
The HDFC Bank ADR, the US-listed shares of the bank, tanked 6.7 percent on the NYSE to $61 in the biggest single-day drop since April 2022.
The shares of HDFC Bank fell more than seven percent on Wednesday, a day after the company released its Q3 results.
Shares of HDFC Bank Ltd. slumped over 7% on Thursday after its third-quarter net interest margin missed analysts' estimates. The private lender's net profit ...
Brokerage firm Macquarie though, has maintained its "buy" recommendation on HDFC Bank with a price target of ₹2075, calling it its top sector pick.
तगड़े मुनाफे के बाद भी एचडीएफसी बैंक के शेयर बुधवार को 6 पर्सेंट से ज्यादा लुढ़कर 1570 रुपये पर पहुंच गए हैं। बैंक को दिसंबर तिमाही में ...