HDFC Bank Acquires shares of HDB Financial Services Ltd

HDFC Bank Ltd has announced that the Bank has acquired 45,00,000 equity shares of Rs 10/- each in HDB Financial Services Ltd. Upon this acquisition of shares it has become subsidiary of the Bank.

The stock closed the day at Rs.1422.35, up by Rs.18.35 or 1.31%. The stock hit an intraday high of Rs.1439 and low of Rs.1404.10.

The total traded quantity was 88926 compared to 2 week average of 96248.

Source : Equity Bulls

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