HDFC Gains 2.23% On Jump In Q3 Net Profit

HDFC Q3 Share Price: HDFC said that its net interest margin came in at 3.4 per cent in Q3

HDFC Share Price: Shares of Housing Development Finance Corporation (HDFC), the country’s biggest mortgage lender, traded 2.23 per cent higher on Wednesday, February 3, a day after registering net profit of Rs 2,926 crore in the third quarter of the current financial year. HDFC registered profit in the October-December quarter on the back of strong demand for home loans. HDFC reported a profit of ₹ 8,372 crore during the same quarter in 2019. HDFC opened at rs 2,705 on the BSE and touched an intra day high and low of Rs 2,733.60 and Rs 2,618 respectively. (Also Read: HDFC Q3 Profit At ₹ 2,926 Crore On Strong Demand For Home Loans )