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For the third straight session, Housing Development Finance Corporation Ltd surges by 1.74%

For the third straight session, Housing Development Finance Corporation Ltd surges by 1.74%


As of 12:49 IST on the NSE, Housing Development Finance Corporation Ltd. is trading at Rs 2442.1—up 1.74% on the day. The stock has lost 15.44% over the past year, while NIFTY and the Nifty Energy index have both gained 0.19% and 2.78%, respectively.

In the meantime, the Nifty Energy index, which includes Housing Development Finance Corporation Ltd., has increased by about 7.01% over the past month and is presently trading at 18284.3, up 1.08% today. 14.32 lakh shares were traded in the stock today, down from a daily average of 30.35 lakh shares over the previous month.

For the third session in a row, Housing Development Finance Corporation Ltd. is in the lead. As of 12:49 IST on the NSE, the stock is trading at Rs 2442.1—up 1.74% on the day. The benchmark NIFTY is trading at 17964.1, up about 1% on the day. The Sensex is up 1.08% at 60606.12 points. In the past month, Housing Development Finance Corporation Ltd. has increased by about 6.97%.

The stock’s flagship November futures contract is currently trading at Rs 2458.7, up 2.14% from the previous day. Housing Development Finance Corporation Ltd. has lost 15.44% over the past year compared to NIFTY’s gain of 0.19% and the Nifty Energy index’s gain of 2.78%.

Based on TTM earnings ending June 22, the stock’s PE is 30.27.

News Summary:

  • For the third straight session, Housing Development Finance Corporation Ltd. surges by 1.74%
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