HDFC Bank has allotted 22,37,651 equity shares to employees of the Bank pursuant to exercise of stock options under its Employee Stock Option Schemes.

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HDFC Bank will hold a meeting of the Board of Directors of the Company on 20 October 2018.

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HDFC Bank has allotted 4620503 equity shares to the employees of the Bank pursuant to exercise of options under its Employees Stock Options Schemes (ESOS).

The paid up share capital of the Bank will accordingly increase from Rs.5420636066 equity shares of Rs 2/- each to Rs. 5429877072 equity shares of Rs 2/- each.

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HDFC Bank Ltd fell for a fifth straight session today. The stock is quoting at 2081.25, down 0.38% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.29% on the day, quoting at 11467.95. The Sensex is at 37954.16, up 0.27%.HDFC Bank Ltd has eased around 4.36% in last one month.Meanwhile, Nifty Bank index of which HDFC Bank Ltd is a constituent, has increased around 4.47% in last one month and is currently quoting at 28021.7, up 0.22% on the day. The volume in the stock stood at 11.44 lakh shares today, compared to the daily average of 23.86 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 2088.15, up 0.16% on the day. HDFC Bank Ltd jumped 18.78% in last one year as compared to a 16.58% rally in NIFTY and a 16.65% spurt in the Nifty Bank index.

The PE of the stock is 31.12 based on TTM earnings ending June 18.

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