Added to YB: 2024-01-22
Pitch date: 2024-01-22
HDB [bullish]
HDFC Bank Limited
+40.46%
current return
Author Info
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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 712.99
Price Target
55.00 (-95%)
Dividend
1.10%
EV/EBITDA
N/A
P/E
21.23
EV/Sales
N/A
Sector
Banks
Category
value
Show full summary:
HDFC Bank: An Update
$HDFCBANK 12% drop post earnings despite 82x 20yr growth. High quality can consolidate long-term. 15x P/E 2x P/B from 25-30x 3x+. HDFC merger: NIM pressure from LDR CASA competition. But mkt share synergies India growth = 16-18% CAGR 17-18% ROE. Accumulate for long-term.
Read full article (8 min)