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Added to YB: 2024-09-02

Pitch date: 2024-07-16

HDFCBANK.NS [bullish]

HDFC Bank Limited

+26.25%

current return

Author Info

No bio for this author

Company Info

HDFC Bank Limited provides banking and financial products and services to individuals and businesses in India, Bahrain, Hong Kong, Singapore, and Dubai.

Market Cap

INR 15.3T

Pitch Price

INR 793.28

Price Target

N/A

Dividend

1.10%

EV/EBITDA

N/A

P/E

21.23

EV/Sales

N/A

Sector

Banks

Category

value

Show full summary:
Harding Loevner International Equity Portfolio Holding: HDFC Bank Limited

HDFCBANK.NS: HDFC-HDFC Bank merger: broader product range, cost synergies via cheaper funding. Integration smooth but cost synergies delayed by tight liquidity. Share price pressured by post-merger selling. Long-term outlook positive: improved net interest income, cross-selling opportunities. Transient challenges.

Read full article (1 min)