HDFC Bank Q2 Results
HDFC Bank Q2 Results have come out and by now everyone has come to know that HDFC Bank has shown excellent results, Now on such an occasion, the shares of HDFC had to go up and all Youtubers had also made a video of how the explosion of HDFC Bank was going to happen.
But that explosion did not happen and soon after the market opened to Mande, the share price of HDFC Bank was at 1230. Came to 1202 and if you look at the pattern of the last 5 days, nothing has made much difference,
HDFC Bank Q2 Results, shares were fluttering like this, and the same pattern is happening. So in today’s article, I will tell you how you can avoid Article claiming to be covered on every topic, every quarter result. Remember, Making Article is not important, it is important that you, our audience get the right direction. So read the article till the end and subscribe.
Quarter results ka analysis
HDFC Bank Q2 Results, announced a profit of 18.4% in this Q2. This amount was 6354 crores in the same quarter last year, This year this amount is 7513 crores. Now understand how this profit was increased, Only then you will understand what will be its impact on the share price. And if any Article, such topics would make someone And by showing only 4 technical markets and there has been 18% growth in the quarter, it says that the explosion is going to happen now, So you yourself will understand how to filter the predictions of such Article. There are few such opportunities for profit increase of HDFC Bank
- Earning interest rate is higher than the earning interest rate. What does this mean? That is, the loan given by HDFC Bank,
- She is still charging an interest of 9% on it and is paying an interest rate of only 5% on the funds held in her bank.
- That means earning more, spending less, then it has to be profit, there is no rocket science in it.
- And understand this, due to the low fixed deposit rate of the bank, the loss has happened to people like you,
- And the most lost is the class of senior citizens of the country, because in this age, where will they invest in the share market or the mutual fund?
- They have to rely on Phad and stop that path slowly. It is such that we are dancing in our own ruin that the profits are made,
- The real economic reason is that banks are not able to generate income through corporate lending,
- More than half of the business is closed, it is running in loss and they are not able to get that income so that the banks will be able to give good fad returns to the common man.
- So it should create a negatively negative impact and the same has happened, after 2 results, the stock has dropped in the first session,
- Not much but the fall is definitely there, and the explosion has not happened at all because the market does not run on the trust of YouTubers, and you
- It is important for investors to understand the market’s mind.
- The second big reason for quarterly results to be good is the deposit of deposits, that is, people are jamming more money into banks.
Before all this, we all jumped on this news, it is important to understand what it means to increase deposits.
Friends, Pandemic’s Lockdown is not fully open yet, still call someone and the first message is that the public
Do not rush into the places, do not leave the house without reason, when the situation is like this after the opening of Lockdown, then the last 6 months then we all home
I was completely closed, and when the man is locked in the house, will the money be spent in the air? Online deliveries were also closed,
Except for the essentials like milk, potatoes, medicines. How much money will a man spend on all these things?
Now more and more people have their salary account in HDFC Bank, ATM withdrawals were also closed, people were afraid to go to ATMs so that the corona would not be removed.
So the money has been deposited in the banks for the entire 6 months and this is the reason why deposits have increased, there is no such thing as a lot of happiness in this dance
is. As soon as the Lockdown opens, the spending will increase and the deposit will decrease,
That is, it will not be a factor in Q3, and banks will have to make their real income from their corporate interests.
Like I have already said that this is a rich area, that is why there is no explosion in the shares that people are bringing 50 lakhs-1 lakh views in the video.
- And one of the reason profits is that asset quality has increased, ie non-performing assets,
That is, the assets that do not have any income, the assets such as the bank or bad loans have reduced. Now, this is also a complex topic.
The Supreme Court had reclassified the campus in a verdict, meaning which assets will be called NAP and which are not,
He told Now understand, what you are calculating,
If you change its formula, the result will be different. This does not mean that the thing has changed in the right case.
NPAs decreased by 28 basis points, ie, HDFC Bank’s Amount of NPA was 1.08% which was 1.36%.
This is also due to change in calculus or mathematics. It was a blast for some people, but those people forgot to see that 3700 of the bank
There is a provision of crores of rupees, that is, money is kept separately which will be useful in bad days. This amount was 2700 crores a year ago,
That means a 37% increase. And out of this, 2300 crores has been kept as a contingency for proforma pumps.
That is, the company still sees NPAs as an increasing threat.
And these market investors understood and that’s why the share price came down from the gate at the start of the day.
Why strong financial resources are needed to go up.
How to avoid random analysis?
Friends, no analysis is wrong or right, everyone is a different perspective. But the most accurate is Vonzaria which is See all aspects, understand and tell you its meaning. Here I have explained to you all the aspects, I told you this The factors that are responsible for the results are how relevant and valid in the long term. The truth is that the financial sector is under a lot of pressure,
Businesses are closed, there is no demand, the economy of the country is also in bad condition, GDP foot capita has also become very useful. In this situation, banks or financial institutions are not in a very positive outlook. It is good that HDFC Bank has 4 consecutive Quarters that have shown growth and profit, but how have they shown investors, and hence the effect was seen in the presence.
You also have to understand and avoid the daily bang, why remember that even if there was a blast, someone Will not is spoken, and many people play behind the threats that are done. That’s why a good investor is Whatever you see, but work with patience, and protect yourself from the sudden explosion. HDFC Bank Q2 Results