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Added to YB: 2024-06-11

Pitch date: 2024-03-31

HDB [bullish]

HDFC Bank Limited

+41.14%

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 709.59

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:
Rondure Global Advisors Portfolio Holding: HDFC Bank Limited

HDB: Near-term drag from high rates in India, but long-term potential intact. Valuation at multi-year lows. Spring-loaded for growth when rates cut or liquidity loosens. Holding position, waiting to add. No major fundamental issues with the company.

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