Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "After a big rally HDFC is only correcting, so it is a minor correction. Actually it is a buying opportunity. In the market the charts are mildly bullish and they remain so."
At 13:47 hrs Housing Development Finance Corporation was quoting at Rs 789.60, down Rs 14.75, or 1.83 percent.
The share touched its 52-week high Rs 931.00 and 52-week low Rs 632.20 on 30 May, 2013 and 28 August, 2013, respectively.
The company's trailing 12-month (TTM) EPS was at Rs 29.87 per share. (Jun, 2013). The stock's price-to-earnings (P/E) ratio was 26.43. The latest book value of the company is Rs 160.57 per share. At current value, the price-to-book value of the company was 4.92. The dividend yield of the company was 1.58 percent.
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