Why HDFC shares are going down?
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Reuters reports: “Shares of HDFC Bank Ltd slid more than 3\% on Monday after India’s largest private-sector lender missed quarterly profit expectations on higher bad loan provisions due to the second COVID-19 wave.
What is the reason behind today’s market fall?
The benchmark indices at BSE and NSE fell sharply by over 2.9 per cent on Friday as concerns mounted over new Covid variant, there was anxiety around US central bank likely to wrap up its stimulus programme and raise interest rates earlier than expected in the wake of rise in inflation.
Why HDFC shares are rising today?
HDFC Bank continues to deliver strong business growth versus peers, resulting in market share gains, said analysts at Motilal Oswal. This was led by a healthy pickup in the retail segment, while commercial and rural banking continues to remain robust.
HDFC Bank announces stock split in 1:5 ratio Private sector lender, HDFC Bank, on Monday announced a stock split in the 1:5 ratio aimed at attracting more retail investors into its owner base.
Did TCS share split?
share. Find the split ratio of TCS for a selection of dates….TCS Splits.
| Split date | Split Ratio |
|---|---|
| May 31, 2018 | 1/2 Stock Split |
| Jun 16, 2009 | 1/2 Stock Split |
| Jul 28, 2006 | 1/2 Stock Split |
Will HDFC Bank issue bonus shares?
HDFC Bank has not announced any bonus so far.
What are the biggest stock market crashes?
Famous stock market crashes include those during the 1929 Great Depression, Black Monday of 1987, the 2001 dotcom bubble burst, the 2008 financial crisis, and during the 2020 COVID-19 pandemic.
When did HDFC share split?
PREMARKET
| Splits History | ||
|---|---|---|
| Announcement Date | Old FV | Ex-Split Date |
| 18/04/2011 | 10 | 14/07/2011 |
| 22/05/2019 | 2 | 19/09/2019 |
What caused HDFC shares to fall on Monday?
Shares of HDFC group companies on Monday came under pressure, falling by up to 6 per cent on the BSE in the early morning trade on profit-booking. Housing Development Finance Corporation (HDFC), HDFC Bank, HDFC Asset Management Company (AMC) and HDFC Life Insurance were down in the range of 2 per cent to 6 per cent on the BSE.
Why is HDFC AMC’s income declining?
Company’s income is linked to the Assets under Management (AUM). Also, HDFC AMC has the highest equity AUM in overall AUM mix. As the Average AUM came down 30\%-40\% due to recent market fall, company’s income also declined.
What is the history of HDFC Bank?
HDFC Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 697707.03 Crore).
Why HDFC AMC’s B30 cities are increasing?
In these B30, the AMC can keep the expense ratio a little higher to incentivize the distributors there and promote mutual funds and their sales. The reach of HDFC AMC is also increasing in these B30 cities. Individual AUM – This means the retail business of the AMC.