On the bourses, the HDFC Bank stock slipped 1.5 per cent intraday to a low of Rs 1,508 a share on the BSE.
The shares, eventually, ended 1.24 per cent lower at Rs 1,512.3 apiece as against a 0.77 per cent (560 points) rise in the benchmark S&P BSE Sensex.
Track HDFC Bank share priceHDFC Bank's January-March quarter result, which came in-line with expectations, failed to enthuse investors.
The reason?
The management's decision to abstain from providing any specific growth guidance, and analysts' expectations of an arduous road to recovery.
On the bourses, the HDFC Bank stock slipped 1.5 per cent intraday to a low of Rs 1,508 a share on the BSE. The shares, eventually, ended 1.24 per cent lower at Rs 1,512.3 apiece as against a 0.77 per cent (560 points) rise in the benchmark S&P BSE Sensex.
Track HDFC Bank share price
HDFC Bank's January-March quarter result, which came in-line with expectations, failed to enthuse investors. The reason? The management's decision to abstain from providing any specific growth guidance, and analysts' expectations of an arduous road to recovery.