Stock market news: HDFC shares fall over 1%

NEW DELHI: Shares of Housing Development Finance Corporation Ltd. traded 1.35 per cent down in Tuesday's trade at 12:18PM (IST). Around 77541 shares changed hands on the counter. The stock opened at Rs 1706 and touched an intraday high and low of Rs 1714 and Rs 1675.25, respectively, in the session so far.

The stock quoted a 52-week high of Rs 2499.9 and a 52-week low of Rs 1473.45.

Financials
Housing Development Finance Corporation Ltd., incorporated in the year 1977, is a Large Cap company (having a market cap of Rs 293383.06 Crore) operating in NBFC sector.

For the quarter ended 30-06-2020, the company has reported a Consolidated sales of Rs 29953.57 Crore, up 80.44 per cent from last quarter Sales of Rs 16600.08 Crore and up 29.53 per cent from last year same quarter Sales of Rs 23124.73 Crore Company has reported net profit after tax of Rs 2457.72 Crore in latest quarter.

Housing Development Finance Corporation Ltd. key Products/Revenue Segments include Interest which contributed Rs 42647.12 Crore to Sales Value (72.60 per cent of Total Sales), Income From Sale Of Share & Securities which contributed Rs 14747.98 Crore to Sales Value (25.10 per cent of Total Sales), Dividend which contributed Rs 1080.68 Crore to Sales Value (1.83 per cent of Total Sales), Fees & Commission Income which contributed Rs 192.78 Crore to Sales Value (0.32 per cent of Total Sales) and Rental Income which contributed Rs 70.36 Crore to Sales Value (0.11 per cent of Total Sales)for the year ending 31-Mar-2020.

Valuation ratio
It quoted a price-to-earnings ratio of 13.33 and price to book value of 2.23.