|Bid||58.91 x 1200|
|Ask||59.26 x 800|
|Day's Range||59.01 - 59.98|
|52 Week Range||47.25 - 65.89|
|Beta (5Y Monthly)||0.38|
|PE Ratio (TTM)||114.45|
|Forward Dividend & Yield||0.32 (0.55%)|
|Ex-Dividend Date||Jul 30, 2019|
|1y Target Est||76.00|
The HDFC Bank has chosen global executive search firm Egon Zehnder to identify a successor to managing director Aditya Puri, the country's top private lender said on Thursday. Reuters had reported earlier on Thursday that the HDFC Bank board had tapped the global head-hunting firm in a bid to end a boardroom impasse over Puri's successor and zero in on a candidate. Four sources familiar with the discussions told Reuters that a six-member internal search committee, appointed in November last year, has been unable to reach a consensus on selecting a successor to Puri, who has been at the helm of HDFC Bank since its inception in 1994.
HDFC Bank Ltd, India's largest private lender, on Saturday posted a nearly 33% jump in standalone net profit for the quarter to December helped by growth in its loans portfolio. HDFC Bank reported a net profit of 74.16 billion Indian rupees ($1.04 billion) for its third quarter, up from 55.86 billion a year earlier, it said in a regulatory filing. The bank's net interest margin (NIM), an indicator of profitability, remained stable at 4.2%.
Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged in 2019. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 57%. Our research shows that most of the stocks that smart money likes historically generate strong risk-adjusted returns. That's why we weren't […]
The country is undergoing a wrenching, if necessary and inevitable, transition from small to large. But that means stocks are cheap, particularly as the country recovers.
Is HDFC Bank Limited (NYSE:HDB) a good stock to buy right now? We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 payment structure, hedge funds have more incentives and resources than the average investor. The funds […]
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of HDFC Bank Limited (HDFC Bank) and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Mitsubishi UFJ Financial Group's (MUFG) interim results for fiscal 2019 are expected to reflect higher expenses related to investments and fall in interest income.
Rating Action: Moody's takes rating actions on 11 Indian financial institutions, after change in sovereign outlook. Global Credit Research- 08 Nov 2019. Singapore, November 08, 2019-- Moody's Investors ...
The 700+ hedge funds and famous money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the second quarter, which unveil their equity positions as of June 28. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund portfolios. Our extensive […]
Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]
Does salesforce.com, inc. (NYSE:CRM) represent a good buying opportunity at the moment? Let’s quickly check the hedge fund interest towards the company. Hedge fund firms constantly search out bright intellectuals and highly-experienced employees and throw away millions of dollars on satellite photos and other research activities, so it is no wonder why they tend to […]
Surprise tax cuts in India fueled the domestic stock markets as well as India stocks and India ETFs trading in the U.S. HDFC Bank stock popped.