Professional
Added to YB: 2024-02-26
Pitch date: 2024-01-15
HDFCBANK.NS [bullish]
HDFC Bank Limited
+23%
current return
Author Info
No bio for this author
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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 814.23
Price Target
N/A
Dividend
1.10%
EV/EBITDA
N/A
P/E
21.23
EV/Sales
N/A
Sector
Banks
Category
growth
Show full summary:
Polen International Growth Added to Existing Position - HDFC Bank
HDFC Bank thrived on India's growth, gaining share from public banks. Merger with parent HDFC Ltd stagnated stock, hurt Q3 margins & returns. Integration and shift to low-cost deposits could accelerate earnings. At 17x forward PE, near 2008 lows, valuation is appealing. Position increased on attractive value.
Read full article (1 min)