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HDFC Bank Limited is currently in a long term uptrend where the price is trading 7.7% above its 200 day moving average.
From a valuation standpoint, the stock is 73.1% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 9.4.
HDFC Bank Limited's total revenue rose by 21.5% to $253B since the same quarter in the previous year.
Its net income has increased by 14.5% to $88B since the same quarter in the previous year.
Finally, its free cash flow grew by 57.4% to $344B since the same quarter in the previous year.
Based on the above factors, HDFC Bank Limited gets an overall score of 5/5.
Exchange | NSE |
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CurrencyCode | INR |
Sector | Financial Services |
Industry | Banks - Regional |
ISIN | INE040A01034 |
Market Cap | 16T |
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PE Ratio | 23.13 |
Target Price | 2266.6584 |
Dividend Yield | 0.0% |
Beta | 0.56 |
HDFC Bank Limited provides banking and financial products and services to individuals and businesses in India, Bahrain, Hong Kong, Singapore, and Dubai. The company operates through Treasury, Retail Banking, Wholesale Banking, Other Banking Business, Insurance Business, and Other segments. It offers savings, salary, current, rural, public provident fund, pension, and demat accounts; fixed and recurring deposits; and safe deposit lockers, as well as offshore accounts and deposits, and overdrafts against fixed deposits. The company also provides personal, home, car, two-wheeler, business, doctor, educational, gold, consumer, and rural loans; loans against properties, securities, mutual funds, rental receivables, and assets; loans for professionals; government sponsored programs; and loans on credit card, as well as working capital and commercial/construction equipment finance, healthcare/medical equipment, commercial vehicle finance, dealer finance, and term loans. In addition, it offers credit, debit, prepaid, forex, and kisan gold cards; payment and collection, export, import, remittance, bank guarantee, letter of credit, trade, hedging, and merchant and cash management services; and insurance and investment products. Further, the company provides short term finance, bill discounting, structured finance, export credit, loan repayment, custodial, and documents collection services; online, mobile, and phone banking services; unified payment interface, immediate payment, national electronic funds transfer, and real time gross settlement services; channel financing, vendor financing, reimbursement account, money market, derivatives, employee trusts, cash surplus corporates, tax payment, and bankers to rights/public issue services; and financial solutions for supply chain partners and agricultural customers. It operates branches and automated teller machines in various cities/towns. The company was incorporated in 1994 and is headquartered in Mumbai, India.
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