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HDFC Rose Up by 1.74%

Picture Source: Internet

Housing Development Finance Corporation Ltd (HDFC) was quoting at Rs 2442.1, up 1.74 per cent on the NSE. The stock is down 15.44 per cent in 2021 compared to a 0.19 per cent gain in NIFTY and a 2.78 per cent gain in the Nifty Energy index.

On 31 October 2022, HDFC is up for a third straight session. The stock is quoting at Rs 2442.1, up 1.74 per cent. The benchmark NIFTY is up around 1 per cent. The Sensex is at 60606.12, up 1.08 per cent. Housing Development Finance Corporation Ltd added around 6.97 per cent in September.

Meanwhile, the Nifty Energy index of Housing Development Finance Corporation Ltd added around 7.01 per cent in September and is currently up at 1.08 per cent. The volume in the stock stood at 14.32 lakh shares on Monday compared to the daily average of 30.35 lakh shares in September.

In the November futures contract, the stock’s benchmark was at Rs 2458.7, up 2.14 per cent on the day. HDFC went down 15.44 per cent in 2021 compared to a 0.19 per cent gain in NIFTY and a 2.78 per cent gain in the Nifty Energy index. As on June 2022, the PE of the stock is 30.27 based on TTM earnings.

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