HDFC Bank Gains on Bonus Plan

  Published 1 year ago

HDFC Bank rises as the board considers issuing bonus shares and special dividend; stock leads Nifty 50 despite market fall.

  • Shares climb 1.4% intraday to ₹2,022.7, remain up 0.7% at last trade; Nifty 50 slips 0.15%.
  • Board meeting set for July 19 to discuss bonus issue and special interim dividend proposal for shareholders.
  • Stock up 13% year-to-date, driven by positive investor sentiment and consistent earnings performance.

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