HDFC Bank Achieves Historic Market Cap Milestone

In a remarkable financial achievement, HDFC Bank shares surged nearly 2% on Tuesday, propelling its market valuation beyond the Rs 15-lakh-crore threshold. This monumental feat places HDFC Bank as the third Indian company, alongside RIL and TCS, to reach this prestigious milestone.

The stock's impressive performance was highlighted by a 1.8% increase, closing at Rs 1,962 on the BSE. During the trading session, it peaked at a record high of Rs 1,971, marking a 2.2% jump. Similarly, at the NSE, the stock saw a 1.7% rally to Rs 1,960.

Significant Growth Since April

Since April 9, HDFC Bank's stock has experienced an 11.1% surge, contributing an additional Rs 1.5 lakh crore to its market valuation. This growth underscores the bank's robust position in the market and its appeal to investors.

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