HDFC rose 1.7% to Rs 1,609.45 at 11:40 IST on BSE after the company said that its wholly owned subsidiary subscribed 15% share capital in Tanzania's first housing finance company.

The announcement was made after market hours yesterday, 1 June 2017.

Meanwhile, the S&P BSE Sensex was up 117.27 points or 0.38% at 31,254.86.

On the BSE, 28,533 shares were traded on the counter so far as against the average daily volumes of 2.74 lakh shares in the past one quarter. The stock had hit a high of Rs 1,611.90 in intraday trade, which is also a record high for the stock. The stock had hit a low of Rs 1,582.75 so far during the day. The stock had hit a 52-week low of Rs 1,183 on 16 June 2016.