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Added to YB: 2026-09-17

Pitch date: 2026-06-30

HDFCBANK.NS [bullish]

HDFC Bank Limited

Author Info

The Antipodes Emerging Markets Fund is an actively managed long only equities fund focused on attractively valued companies exposed to emerging markets or listed on emerging market stock exchanges. Our selective approach, typically holding a minimum of 30 long positions, combines rigorous research and disciplined stock selection to target long-term capital growth for investors willing to accept higher volatility. Sign up for the newsletter.

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 10.9T

Pitch Price

N/A

Price Target

N/A

Dividend

1.84%

EV/EBITDA

N/A

P/E

13.84

EV/Sales

N/A

Sector

Banks

Category

value

Show full summary:
Antipodes Emerging Markets Fund Added On Portfolio Holding: HDFC Bank Limited

HDFCBANK.NS (added to position): Increased the position as elevated oil prices, rupee weakness and foreign institutional outflows began reversing after the Iran ceasefire. Brent fell approximately 30% over the quarter, improving India’s energy-import bill and current-account dynamics. HDFC Limited integration is progressing, retail deposit metrics are improving and credit costs are normalising, while valuation remains attractive relative to the bank’s long-term earnings trajectory.

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