HDFC bank Share Price - hdfc marge in hdfc bank , hdfc share price today
HDFC, (HOUSING DEVELOPMENT FINANCE CORPORATION) has decided that the company will buy a 41% stake in HDFC bank, And after that, all the Subsidiary companies of HDFC like HDFC investment, HDFC holding limited, and all other subsidiary companies of HDFC will merge with each other.
This merger will take 12 months approx.
After this Merger, there will be many benefits to the company as well as to the public and customers.
1. Cost of borrowing for HDFC will come down
2. See the potential for 7% more room for international investors, post-merger.
and one other piece of news is that
HDFC Bank’s advances grow 21% in Q4FY22.
after this announcement, the share price of HDFC and HDFC bank grow by 9.29 % and 10.1 % respectively.
Now the current Price on 4/4/2022 for HDFC shares is Rs. 2680.05 and the current share price of HDFC bank is Rs. 1654.10
And expect that it will grow high, high, and high.
So according to financial institutions and brokerage houses here is a chance to invest.
hdfc merger in hdfc bank
HDFC share Price
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