HDFC
(earlier known as HOUSING DEVELOPMENT FINANCE CORPORATION)
Housing Development Finance Corporation Limited or HDFC is an Indian Financial Conglomerate based in Mumbai, India.
It is a major provider of finance for housing in India.
It also has a presence in banking, life and general insurance, asset management, venture capital, realty, education, deposits and education loans.
HDFC's distribution network spans 396 outlets (including 109 offices of HDFC's distribution company HDFC Sales Private Limited) which cater to approx. 2,400 towns and cities spread across India.[2] To cater to Non Resident Indians (NRIs), HDFC has offices in London, Singapore and Dubai and service associates in Middle East countries.
Major Subsidiaries and Associates
- HDFC Bank
- HDFC Standard Life Insurance Company Limited
- HDFC Asset Management Company Limited
- HDFC ERGO General Insurance Company
- Gruh Finance
- HDFC Property Fund
- HDFC Red
- HDFC Credila Financial Services
HDFC Ltd. - Stock Price Behaviour ( Source : Screener.in)
Price as on 18th Jan 2000: Rs.32.67/- per share
Price as on 6th November 2018: Rs.1799.05/- per share
Awards and Recognitions
In May 2013, Forbes listed it at #561 in the Global 2000 list of largest companies.
In 2012, HDFC Limited was recognised as one of India's 'Best Companies to work for' in a joint study conducted by The Economic Times and 'The Great Place to Work Institute'.
2018
Best Home loan provider - CNBC Awaz Real Estate Award
HDFC Ltd awarded with the Dun & Bradstreet Corporate Awards 2018 in the 'Financial Institutions/Non-Banking Financial Companies/Financial Services' sector.
India's Leading housing finance company at the Dun and Bradstreet BFSI Awards 2018
HDFC ranked 5th amongst Business Today's 500 India's most Valuable companies
(Source : screener.in, www.hdfc.com, wikipedia)
DISCLAIMER : THIS BLOG IS FOR INFORMATION AND NOT TO SOLICIT ANY BUSINESS. PAST PERFORMANCE IS NOT AN INDICATION OF THE
PERFORMANCE OF STOCK IN FUTURE.
