Housing Development Finance Corporation has allotted 13,45,157 equity shares under ESOP. Post the allotment, the paid up equity share capital of the Corporation is Rs 343.82 crore consisting of 171,91,01,229 equity shares of Rs 2 each.

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Housing Development Finance Corporation Ltd is up for a fifth straight session today. The stock is quoting at Rs 1946.9, up 0.98% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.94% on the day, quoting at 10829.85. The Sensex is at 36095.98, up 1.06%. Housing Development Finance Corporation Ltd has gained around 16.45% in last one month.

Meanwhile, Nifty Financial Services index of which Housing Development Finance Corporation Ltd is a constituent, has gained around 9.12% in last one month and is currently quoting at 11222.85, up 1.11% on the day. The volume in the stock stood at 19.44 lakh shares today, compared to the daily average of 27.49 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 1946, up 1.01% on the day. Housing Development Finance Corporation Ltd is up 16.18% in last one year as compared to a 5.9% jump in NIFTY and a 9.9% jump in the Nifty Financial Services index.

The PE of the stock is 33.03 based on TTM earnings ending September 18.

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HDFC has become the first financial institution in the country to disburse subsidy to over 51,000 customers amounting to over Rs. 1,100 croreunder Credit Linked Subsidy Scheme (CLSS) - the flagship scheme of Government of India's Pradhan Mantri Awas Yojana (PMAY).

HDFC has provided loans of over Rs 9,800 crore under PMAY-CLSS, to these customers belonging to EWS (EconomicallyWeaker Section), LIG (Low Income Group) and Middle Income Group (MIG) category.

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Net profit of Housing Development Finance Corporation rose 24.71% to Rs 2467.08 crore in the quarter ended September 2018 as against Rs 1978.19 crore during the previous quarter ended September 2017. Sales rose 24.91% to Rs 11245.61 crore in the quarter ended September 2018 as against Rs 9003.21 crore during the previous quarter ended September 2017.

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