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HDFC shares hit new high, market cap crosses Rs 5 lakh cr
TIWN
TIWN
PHOTO : TIWN
Mumbai, Feb 12 (TIWN) Shares of HDFC touched a record high on Friday, taking its market capitalisation to over the Rs 5 lakh crore mark.
Its market capitalisation was at Rs 5.03 lakh crore. On Friday, in a regulatory filing, the company said: “The Allotment Committee of the Corporation at its meeting held today approved allotment of 17,36,497 equity shares of Rs 2 each under distinctive numbers 1800195903 to 1801932399 pursuant to exercise of stock options by certain director and employees of the corporation.” After the above allotment, the paid-up share capital of the corporation is over Rs 360.38 crore consisting of 180.19 crore equity shares of Rs 2 each, it added.
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