HDFC is one of the largest home finance lenders in India, the company was listed on 23 October 1996 on NSE. HDFC is also one of the major lender for housing finance, looking at the daily chart we find that HDFC has always found the support at 100EMA on weekly chart, same situation is currently present on the weekly chart as the price action is near the 100 EMA and we are waiting for the prices to ... [Continue Reading]
HDFC DECLARED ITS Q2 RESULTS TODAY 18 OCT 2010
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 ... [Continue Reading]