HDFC Securities Ltd Q1FY22 PAT up 94.9% YoY

HDFC Securities Limited (HSL) is amongst the leading retail broking firms in India. As on June 30, 2021, HDFC Bank held 96.3% stake in HSL.

For the quarter ended June 30, 2021, HSL's total income grew by 67.3% to ₹ 457.8 crore, as against ₹ 273.7 crore for the quarter ended June 30, 2020. Profit after tax for the quarter grew by 94.9% to ₹ 260.6 crore, as against ₹ 133.7 crore for the quarter ended June 30, 2020.

As on June 30, 2021, HSL had 215 branches across 147 cities / towns in the country.

Shares of HDFC Bank Ltd was last trading in BSE at Rs.1521.7 as compared to the previous close of Rs. 1520.5. The total number of shares traded during the day was 91268 in over 4591 trades.

The stock hit an intraday high of Rs. 1530 and intraday low of 1519.35. The net turnover during the day was Rs. 139097555.

Source : Equity Bulls

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