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HDFC share price hits record high ahead of IPO

HDFC’s stock rose over 1% after its subsidiary HDFC Asset Management Company has decided to open an initial public offering for subscription next week.

The company is currently trading at Rs2,011.70 up by Rs21.65 or 1.09% from its previous closing of Rs1,990.05 on the BSE.

The scrip opened at Rs2,010 and has touched a high and low of Rs2,023.90 and Rs2,000.90 respectively. So far 17,22,783 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs3,36,361.29cr.

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