HDFC Bank carrying out modifications to $1.2 bn Bahrain bonds
S&P lowered its long and short term foreign and local currency sovereign credit ratings on the Kingdom of Bahrain to BB/B (stable) from BBB-/A3 (negative).
HDFC Bank Ltd has informed BSE that the bank has outstanding bonds
totaling to approximately USD 1.20 bn issued from Bahrain branch.
Stock commentary:
Intraday Stock Cash Tips
HDFC Bank Ltd is currently trading at Rs. 985, down by Rs. 4.6 or 0.46% from its previous closing of Rs. 989.6 on the BSE.
The scrip opened at Rs. 989 and has touched a high and low of Rs. 989 and Rs. 982 respectively. So far 33451(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 249982.17 crore.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high
of Rs. 1127.9 on 21-Jul-2015 and a 52 week low of Rs. 944.7 on
07-May-2015. Last one week high and low of the scrip stood at Rs. 996
and Rs. 959.1 respectively.
The promoters holding in the company stood at 21.51 % while Institutions and Non-Institutions held 43.59 % and 16.17 % respectively.
The stock is currently trading above its 200 DMA.
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