HDFC Bank shares hit 52-week high on ₹22 dividend and banking sector rally
The scrip opened firm and quickly gained ground, touching an intraday high of ₹1,996.90 by 10:48 am, before showing some consolidation. The bank’s market capitalisation also saw a healthy rise as investors reacted positively to recent developments. A key driver behind the stock’s rise is the initial public offering of HDB Financial Services, a non-banking