OurNifty.com

A Indian Stock Market Blog

HDFC DECLARED ITS Q2 RESULTS TODAY 18 OCT 2010

By Leave a Comment

HDFC Ltd. has declared its Q2 (quarter second) results today. The company’s Q2 net profit surged 21.70% to touch Rs.808 crore vs Rs.663.9 crore last quarter. Its net interest income was up 25% at Rs 1,189 crore verses Rs 947 crore last quarter. Also other income was quoted at Rs 4.7 crore versus Rs 5.4 crore. The company has seen huge growth of 18.73% in loan products.

The average 12-month Earnings per share was at Rs 20.23 per share. Also its price-to-earnings (P/E) ratio was 35.34. As per the result, the latest book value of the company is Rs 104.05 per share. The overall dividend yield of the company was found to be 1.01 %.

If you still plan to invest in this growing sector, then the HDFC is my first destination for long term horizon. As we tremendous growth potential from this company. We recommend investor to stay invested in this stock with huge growth potential in future.

Share
Tweet
Pin
0 Shares

You Should Read This:

  1. L&T NET PROFIT JUMPED 31%, ON STRONG EARNINGS India’s largest publicly held company, L&T has declared its Q2 (second quarter) results today. The company seen strong growth with Q2 net profit jumping 31% at Rs.765 crore vs Rs.580 crore. Also, its net sales...
  2. Power Grid Q2 Results Declared, Profit Surged 41.52% Power Grid Corporation Ltd. has announced its second quarter result (ending September 2010). It has reported net profit of Rs.651 crore against Rs.460 crore last quarter, a strong growth of 41.52% was seen on yearly...
  3. HDFC Bank Reports Excellent Q4 Results on Strong Loan Growth HDFC Bank declared better than expected fourth quarter (January-March) results with net profit of Rs.1,114.7 crore, up about 33.2% year-on-year, supported by a strong loan-book growth and higher fee-based income. Bank’s quarterly net interest income...
  4. HDFC Bank Q1 for FY12 Reports Net Profit of Rs.1085 crore India’s second largest private sector bank HDFC Bank, reported its first quarter result for 2011 (April-June), its net profit rose by more than 33% to Rs.1,085 crore as compared to the same period last year....
  5. Infosys Technologies Ltd. (INFOSYSTCH) Q4 Profit Surges 2% at Rs.1818cr India’s second largest IT services exporter Infosys Technologies Limited. has announced quarter fourth result as, net profit was reported to be at Rs.1,818 crore, a growth of just 2.15% over Rs.1,779.8 crore same in previous...
About Bhaveek Patel

Bhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.

Leave a Reply

Your email address will not be published. Required fields are marked *

Previous Post:
Next Post: