Trending stocks: HDFC stock price gains 1% in early trade

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Shares of Housing Development Finance Corporation traded 0.91 per cent up in Wednesday 's trade at 09:40AM (IST)
Around 1302142 shares changed hands on the counter
The stock opened at Rs 1708.5 and touched an intraday high and low of Rs 1710.0 and Rs 1661.1 , respectively, in the session so far
The stock quoted a 52-week high of Rs 2495.0 and a 52-week low of Rs 1475.5
Chairman Deepak Parekh said he sees 20 per cent drop in property prices of unsold residential inventory, and advised developers to offload
their stocks to enhance liquidity position. FinancialsHousing Development Finance Corporation Ltd., incorporated in the year 1977, is a
Large Cap company (having a market cap of Rs 286559.21 Crore) operating in NBFC sector
For the quarter ended 31-12-2019, the company reported a Consolidated sales of Rs 28996.17 Crore, down -11.59 % from last quarter Sales of
Rs 32796.50 Crore and up 18.46 % from last year same quarter Sales of Rs 24477.86 Crore
The company reported net profit after tax of Rs 2544.74 Crore in latest quarter
Housing Development Finance Corporation Ltd
key Products/Revenue Segments include Interest which contributed Rs 39240.24 Crore to Sales Value (90.52 % of Total Sales), Income From Sale
Of Share - Securities which contributed Rs 2690.95 Crore to Sales Value (6.20 % of Total Sales), Dividend which contributed Rs 1130.64 Crore
to Sales Value (2.60 % of Total Sales), Fees - Other Charges which contributed Rs 221.14 Crore to Sales Value (0.51 % of Total Sales) and
Rental Income which contributed Rs 65.07 Crore to Sales Value (0.15 % of Total Sales)for the year ending 31-Mar-2019
Promoter holding Promoters held 0.0 per cent stake in the company as of quarter ended 31st Dec 2019
Valuation ratio It quoted a price-to-earnings ratio of 13.28 and price to book value of 2.46