HDFC Bank Reports 18.92% Growth, Outpacing Sensex's 0.52% Increase

HDFC Bank, a prominent player in the private sector banking industry, has shown notable activity today, trading at Rs 980.95. The stock is currently positioned 3.79% away from its 52-week high of Rs 1018.15. Despite a slight decline of 0.04% today, HDFC Bank's performance remains in line with the sector, reflecting a broader market trend.
Over the past year, HDFC Bank has delivered an impressive return of 18.92%, significantly outperforming the Sensex, which has only seen a 0.52% increase. The bank's year-to-date performance stands at 10.80%, again surpassing the Sensex's 5.02%. However, in the three-month view, HDFC Bank has experienced a decline of 1.88%, while the Sensex has fared slightly better with a drop of 1.98%.

HDFC Bank's market capitalization is robust at Rs 15,08,561.56 crore, categorizing it as a large-cap entity. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong position in the market.