Company Profile

HOUSING DEVELOPMENT FINANCE CORPORATION LTD.

NSE : HDFCBSE : 500010ISIN CODE : INE001A01036Industry : Finance - HousingHouse : HDFC
BSE2573.5526.55 (+1.04 % )
PREV CLOSE (Rs.) 2547.00
OPEN PRICE (Rs.) 2558.80
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 203101
TODAY'S LOW / HIGH (Rs.)2546.15 2590.00
52 WK LOW / HIGH (Rs.)1486.45 2895.35
NSE2574.05 26.9 (+1.06 % )
PREV CLOSE(Rs.) 2547.15
OPEN PRICE (Rs.) 2550.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 2574.05 (2724 )
VOLUME 3133311
TODAY'S LOW / HIGH(Rs.) 2546.85 2589.80
52 WK LOW / HIGH (Rs.)1486 2896

Company News

Date Heading Details
07-Apr-2021 Announcement under Regulation 30 (LODR)-Diversification / Disinvestment Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Sale of stake in Reliance Power Limited
07-Apr-2021 Board to consider FY21 results & Dividend on May 07, 2021 Housing Development Finance Corporation Ltd has informed BSE that a meeting of the Board of Directors of the Corporation will be held on May 07, 2021 inter alia, to consider the following: 1. Approval of the annual audited financial results of the Corporation for the quarter/year ended March 31, 2021; 2. Approval of the annual audited consolidated financial results for the quarter/ year ended March 31, 2021; 3. Recommendation of dividend, if any for the financial year 2020-21; 4. Seeking the approval of the shareholders of the Corporation at the ensuing Annual General Meeting to issue Redeemable Non-Convertible Debentures (secured or unsecured) and/ or any other hybrid instruments (not in the nature of equity shares) on a private placement basis in terms of the provisions of Section 42 of the Companies Act, 2013; 5. Fixation of Record Date/Date of Book Closure, if any; and 6. Matters relating to the ensuing Annual General Meeting. Further, the window for trading in the securities of the Corporation has been closed with effect from April 01, 2021 and shall continue to remain ciosed up to May 09, 2021 (both days inclusive) for all the employees, designated employees and directors of the Corporation including their immediate relatives, in terms of the HDFC Securities Dealing Code and the SEBI (Prohibition of Insider Trading) Regulations, 2015.
06-Apr-2021 HDFC invests in Kerala Infrastructure Fund Management <p align="justify">Housing Development Finance Corporation (HDFC) has invested in 3,88,303 equity shares of Rs 10 each of Kerala Infrastructure Fund Management (KIFML) representing 9.90 percent of its share capital issued on a private placement basis. The cost of acquisition is at par, that is at the face value of Rs 10 per share and the acquisition is expected to be completed in one month. </p><p align="justify">HDFC offers a whole gamut of products like loans to individuals, loans to corporates, construction finance, and lease rental discounting. The financial conglomerate has subsidiaries and associates in insurance (general and life), asset management, education finance, venture funds and banking services.<br></p>
06-Apr-2021 Maruti Suzuki, HDFC and Jindal Steel and Power to see some action today <p align="justify"><strong>Maruti Suzuki India's</strong> total production in March 2021 increased significantly to 1,72,433 units over the same month last year. The company had produced a total of 92,540 units in the year-ago period. Passenger vehicle production stood at 1,25,724 units last month as compared to 69,854 units in March 2020. Production of mini cars comprising Alto and S-Presso models was 28,519 units last month as against 17,630 units a year ago. </p><p align="justify"><strong>Housing Development Finance Corporation (HDFC) </strong>has invested in 3,88,303 equity shares of Rs 10 each of Kerala Infrastructure Fund Management (KIFML) representing 9.90 percent of its share capital issued on a private placement basis. The cost of acquisition is at par, that is at the face value of Rs 10 per share and the acquisition is expected to be completed in one month. </p><p align="justify"><strong>Jindal Steel and Power</strong> (JSPL) has reported a 34.41 percent rise in its output, and the sales grew 37.41 per cent during the quarter ended March 31. During the January-March period of 2020-21, the company produced 2.07 million tonne (MT) of steel, compared to 1.54 MT in the year-ago quarter. Its sales during the quarter rose to 1.91 MT from 1.39 MT a year ago. For the entire FY21, the company's output stood at 7.51 MT, up 19.20 per cent from 6.30 MT in the preceding fiscal. Its sales registered a 20.13 per cent rise to 7.28 MT as compared to 6.06 MT in FY20. </p><p align="justify"><strong>Bharti Airtel</strong> has partnered with health app Apollo 24/7 to offer a wide range of e-healthcare services to its customers as part of their exclusive Thanks benefits. Under the collaboration, Airtel Platinum and Gold customers will get complimentary membership to Apollo Circle. </p><p align="justify"><strong>Ashiana Housing</strong> sales bookings jumped more than two-fold to Rs 299.71 crore during the fourth quarter of last fiscal (FY21) as demand recovered. Its sales bookings stood at Rs 145.96 crore in the year-ago period. In volume terms, sales bookings rose sharply to 8.31 lakh sq ft in January-March quarter of last fiscal from 4.14 lakh sq ft in the corresponding period of the previous year.</p><p align="justify"><strong>JK Tyre and Industries</strong> has inked a supply agreement with JBM Auto. As per the pact, the tyre maker will supply its 'SMART' radial tyres for JBM Auto's Citylife (CNG) and Ecolife electric buses. JK Tyre and JBM Auto have joined hands with the objective of developing smart mobility solutions incorporating the latest technology that offers optimum durability and performance.</p><p align="justify"><strong>Sobha</strong> has reported record sales bookings of Rs 3,137 crore during the last fiscal year despite the COVID-19 pandemic. Its sales bookings stood at Rs 2,880.6 crore in the 2019-20 financial year. Total sales value achieved during FY20-21 is the highest ever in the history of the company. <br></p>
19-Mar-2021 Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS Allotment of Equity Shares pursuant to exercise of stock options under Employees Stock Option Schemes
09-Mar-2021 Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS Allotment of Equity Shares pursuant to exercise of stock options under Employees Stock Option Schemes
04-Mar-2021 HDFC to raise up to Rs 5,000 crore through NCDs <p align="justify">Housing Development Finance Corporation (HDFC) is planning to raise up to Rs 5,000 crore by issuing non convertible debentures (NCDs) on a private placement basis. The object of the issue is to augment the long-term resources of the Corporation. The proceeds of the present issue would be utilised for financing/refinancing the housing finance business requirements of the Corporation. </p><p align="justify">The base size of the issue of secured redeemable NCDs is Rs 2,000 crore with an option to retain oversubscription up to Rs 3,000 crore.</p><p align="justify">HDFC offers a whole gamut of products like loans to individuals, loans to corporates, construction finance, and lease rental discounting. The financial conglomerate has subsidiaries and associates in insurance (general and life), asset management, education finance, venture funds and banking services.</p>
03-Mar-2021 HDFC reduces Retail Prime Lending rate on housing loans <P align=justify>Housing Development Finance Corporation (HDFC) has reduced its Retail Prime Lending Rate (RPLR) on Housing loans, on which its Adjustable Rate Home Loans (ARHL) are benchmarked, by 5 basis points, with effect from March 4, 2021.<P align=justify>HDFC offers a whole gamut of products like loans to individuals, loans to corporates, construction finance, and lease rental discounting. The financial conglomerate has subsidiaries and associates in insurance (general and life), asset management, education finance, venture funds and banking services.
03-Mar-2021 Press Release - Reduction In Its Retail Prime Lending Rate (RPLR) On Housing Loans Press release - reduction in its Retail Prime Lending Rate (RPLR) on housing loans
25-Feb-2021 HDFC's arm sells stake of Magnum <P align=justify>The HDFC Property Ventures (HPVL), a wholly owned subsidiary of Housing Development Finance Corporation (HDFC), has sold 50,000 equity shares of Rs 10 each, representing 50.00% of the issued and paid-up share capital of Magnum. Subsequent to the sale of entire stake in Magnum by HPVL, Magnum has ceased to be an associate of the Corporation.<BR><P align=justify>HDFC offers a whole gamut of products like loans to individuals, loans to corporates, construction finance, and lease rental discounting. The financial conglomerate has subsidiaries and associates in insurance (general and life), asset management, education finance, venture funds and banking services.<BR>