HDB Financial shares jump almost 5%, pare gains quickly; is it a stock to buy after Q1 results?

HDB Financial Services shares traded volatile on Thursday after the company reported its highest ever quarterly profit after tax of about Rs 785 crore, up 38.3% year-on-year for the June quarter. The stock surged 4.6% to an intraday high of Rs 786.20 on BSE before paring gains sharply to trade at Rs 748.50.