Housing Development Finance Corporation Ltd soars 7.21%


Housing Development Finance Corporation Ltd quotes at Rs 2629, up 7.21% on the day at 12:49 PM IST on the NSE. The stock is up 7.49% over the past year, compared to a 22.39% surge in NIFTY and a 17.32% surge in Nifty Financial Services.

Housing Development Finance Corporation Ltd won for a fifth consecutive session today. The stock is trading at Rs 2629, up 7.21% on the day as of 12:49 p.m. IST on the NSE. The benchmark NIFTY is up around 1.39% on the day at 17915.35. The Sensex is at 60093.17, up 1.38%. Housing Development Finance Corporation Ltd is up around 23.9% over the past month.



Meanwhile, the Nifty Financial Services Index, of which Housing Development Finance Corporation Ltd is a part, has risen around 17.33% in the past month and is currently trading at 17467.15, up 3.38%. on the day. The share volume stood at 281.28 lakh shares today, compared to a daily average of 44.76 lakh shares over the past month.

The benchmark April futures contract for the stock is quoted at Rs 2646.65, up 7.59% on the day. Housing Development Finance Corporation Ltd is up 7.49% over the past year, compared to a 22.39% surge in NIFTY and a 17.32% surge in the Nifty Financial Services Index.

The stock’s PE is 33.61 based on TTM earnings ending Dec. 21.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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