HDB: HDFC Bank Ltd.
About
HDFC Bank Ltd. engages in the provision of banking and financial services including commercial banking and treasury operations. It operates through the following segments: Treasury, Retail Banking, Wholesale Banking, and Other Banking Business. The Treasury segment is involved in net interest earnings from the investment portfolio, money market borrowing, and lending, gains, or losses on investment operations and on account of trading in foreign exchange and derivative contracts. The Retail Banking segment focuses on serving retail customers through the branch network and other channels. The Wholesale Banking segment provides loans, non-fund facilities, and transaction services to large corporates, emerging corporates, public sector units, government bodies, financial institutions, and medium scale enterprises. The Other Banking Business segment includes income from parabanking activities such as credit cards, debit cards, third party product distribution, primary dealership business, and the associated costs. The company was founded by Aditya Tapishwar Puri in August 1994 and is headquartered in Mumbai, India.
Current Value
$63.371 Year Return
Current Value
$63.371 Year Return
Key Details
Market Cap
$161.98B
P/E Ratio
19.42
1Y Stock Return
8.42%
1Y Revenue Growth
68.74%
Dividend Yield
1.06%
Price to Book
2.8
Strategies that include HDB
Stock's related to HDB
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| IBN | 57.03% | $105.19B | +34.81% | 0.78% |
| ABX | 32.88% | $31.67B | +11.58% | 2.20% |
| JHG | 31.70% | $7.11B | +73.78% | 3.47% |
| CPF | 31.24% | $849.01M | +79.56% | 3.30% |
| UVSP | 30.08% | $898.01M | +64.47% | 2.71% |
| AXL | 29.91% | $750.17M | -11.39% | 0.00% |
| MTZ | 29.76% | $11.26B | +147.75% | 0.00% |
| IVZ | 29.62% | $7.95B | +27.65% | 4.59% |
| JOE | 29.49% | $2.92B | -6.42% | 1.04% |
| BDN | 29.45% | $956.57M | +36.79% | 10.75% |
| IVT | 29.39% | $2.38B | +26.58% | 2.88% |
| WAFD | 29.29% | $2.95B | +35.43% | 2.84% |
| BNS | 29.28% | $69.13B | +27.92% | 5.60% |
| ENB | 29.21% | $94.72B | +28.18% | 6.12% |
| TPH | 29.05% | $3.93B | +43.10% | 0.00% |
| TX | 29.02% | $6.55B | -13.77% | 9.29% |
| GMRE | 28.96% | $583.19M | -10.83% | 9.62% |
| FUL | 28.90% | $4.09B | -1.20% | 1.16% |
| ONB | 28.86% | $6.75B | +44.44% | 2.64% |
| ING | 28.86% | $49.45B | +13.09% | 7.89% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| IRWD | 0.09% | $534.49M | -64.81% | 0.00% |
| CRVO | 0.12% | $79.07M | -3.91% | 0.00% |
| BNED | 0.12% | $270.40M | -91.94% | 0.00% |
| STVN | 0.14% | $5.35B | -29.32% | 0.29% |
| PCTY | 0.16% | $11.25B | +33.53% | 0.00% |
| PULM | -0.16% | $22.32M | +230.27% | 0.00% |
| LPTX | -0.17% | $98.86M | -9.79% | 0.00% |
| ROL | 0.25% | $24.04B | +24.01% | 1.23% |
| LITB | 0.28% | $37.87M | -73.39% | 0.00% |
| AWH | -0.36% | $12.01M | -76.48% | 0.00% |
| ABBV | 0.37% | $303.47B | +24.02% | 3.56% |
| NNE | 0.49% | $965.35M | +631.25% | 0.00% |
| EVER | 0.51% | $684.41M | +124.59% | 0.00% |
| HE | -0.51% | $1.81B | -17.32% | 0.00% |
| VRA | 0.58% | $148.75M | -31.02% | 0.00% |
| NVO | -0.59% | $342.62B | -0.61% | 1.39% |
| AMBC | 0.59% | $584.02M | -17.71% | 0.00% |
| TMUS | -0.61% | $274.55B | +58.87% | 0.82% |
| SLE | 0.70% | $7.89M | -63.75% | 0.00% |
| OCX | 0.70% | $44.95M | -32.75% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| BTCT | -11.97% | $58.86M | +395.83% | 0.00% |
| QTTB | -10.89% | $329.37M | +172.64% | 0.00% |
| PRPO | -9.78% | $8.89M | -14.59% | 0.00% |
| WHLM | -9.41% | $19.81M | -14.82% | 0.00% |
| OCFT | -7.59% | $81.68M | -30.63% | 0.00% |
| UNH | -7.24% | $549.86B | +9.88% | 1.34% |
| URGN | -7.23% | $487.40M | -7.82% | 0.00% |
| CLX | -6.76% | $20.94B | +20.38% | 2.86% |
| SRRK | -6.76% | $2.50B | +135.39% | 0.00% |
| MSDL | -6.43% | $1.83B | +0.95% | 7.27% |
| HUM | -6.19% | $35.61B | -42.65% | 1.19% |
| TLPH | -6.08% | $11.91M | +9.27% | 0.00% |
| SBUX | -5.85% | $113.39B | -3.27% | 2.32% |
| EOLS | -5.80% | $825.71M | +38.72% | 0.00% |
| ORN | -5.80% | $339.61M | +78.16% | 0.00% |
| UUU | -5.19% | $4.98M | -18.37% | 0.00% |
| WPRT | -5.04% | $74.58M | -38.46% | 0.00% |
| AGS | -4.96% | $476.80M | +57.01% | 0.00% |
| CYD | -4.89% | $384.48M | -0.79% | 4.00% |
| MNOV | -4.86% | $98.09M | +5.26% | 0.00% |
ETF's related to HDB
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BILZ | -0.12% | $553.02M | 0.14% |
| CORN | -0.87% | $61.32M | 0.2% |
| DBA | 1.03% | $768.98M | 0.93% |
| FMF | 1.85% | $243.44M | 0.95% |
| HIGH | -2.52% | $301.36M | 0.51% |
| CNBS | -2.70% | $20.88M | 0.77% |
| ICLO | 2.74% | $231.44M | 0.2% |
| CLOI | -3.06% | $720.91M | 0.4% |
| DUSB | 3.23% | $812.64M | 0.15% |
| WEAT | -3.60% | $123.26M | 0.28% |
| GBIL | 4.06% | $5.64B | 0.12% |
| FBY | 4.12% | $134.57M | 0.99% |
| SEIX | 4.17% | $267.58M | 0.62% |
| DBMF | 4.18% | $1.02B | 0.85% |
| BOXX | 4.25% | $4.43B | 0.1949% |
| JBBB | 4.47% | $1.27B | 0.49% |
| MSOS | 4.51% | $613.28M | 0.83% |
| FLTR | 4.65% | $1.79B | 0.14% |
| EQLS | -4.98% | $8.88M | 1% |
| KCCA | 5.07% | $219.64M | 0.87% |
News
SeekingAlpha
For Q3 2024, Fidelity Emerging Markets Fund's Retail Class shares gained 3.12%, trailing the 8.71% advance of the benchmark index. Click here to read more.
SeekingAlpha
Emerging market equities performed strongly during the third quarter of 2024, riding the momentum of a late quarter rally fueled by Chinese stocks.
Yahoo
Investors need to pay close attention to HDFC Bank (HDB) stock based on the movements in the options market lately.
SeekingAlpha
Harding Loevner International Equity ADR composite rose 9.2%, gross, in Q3 2024, outpacing the 8.2% gain of the MSCI All Country ex US Index. Click here to read more.
Yahoo
India's central bank on Wednesday said the State Bank of India, HDFC Bank and ICICI Bank remain the three domestic systemically important banks (D-SIBs) and that the first two would need to maintain an additional capital buffer starting April 2025. Systemically important banks are financial institutions whose failure or distress could trigger a broader financial crisis and threaten the stability of the entire financial system. The Reserve Bank of India had issued a framework for dealing with D-SIBs in July 2014, under which it named the designated banks and placed them in appropriate "buckets" depending on their systemic importance.
SeekingAlpha
ICICI Bank defied expectations for yet another quarter. All signs point to more compounding potential from here. Read why I remain bullish on IBN stock.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.