HDFC Bank Ltd. ADR (HDB) down -6.33% since start of the year

HDFC Bank Ltd. ADR (NYSE: HDB) is -6.33% lower on its value in year-to-date trading and has touched a low of $52.16 and a high of $67.44 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HDB stock was last observed hovering at around $62.60 in the last trading session, with the day’s gains setting it 0.26%.

Currently trading at $62.86, the stock is 3.04% and 3.91% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.97 million and changing 0.42% at the moment leaves the stock 6.03% off its SMA200. HDB registered -5.05% loss for a year compared to 6-month gain of 13.81%.

The stock witnessed a 5.05% loss in the last 1 month and extending the period to 3 months gives it a 3.63%, and is 2.19% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.20% over the week and 1.11% over the month.

HDFC Bank Ltd. ADR (HDB) has around 213527 employees, a market worth around $159.73B and $55.83B in sales. Current P/E ratio is 19.46 and Fwd P/E is 16.79. Profit margin for the company is 14.69%. Distance from 52-week low is 20.51% and -6.79% from its 52-week high. The company has generated returns on investments over the last 12 months (5.95%).

with sales reaching $nan over the same period.The EPS is expected to grow by 12.28% this year, but quarterly earnings will post -35.10% year-over-year.

HDFC Bank Ltd. ADR (HDB) Top Institutional Holders

The shares outstanding are 2.54B, and float is at 2.54B with Short Float at 0.64%.

The top institutional shareholder in the company is MORGAN STANLEY with over 16.84 million shares valued at $1.08 billion. The investor’s holdings represent 0.2209% of the HDB Shares outstanding. As of 2024-06-30, the second largest holder is FIL LTD with 13.98 million shares valued at $899.08 million to account for 0.1834 of the shares outstanding. The other top investors are JPMORGAN CHASE & CO which holds 13.05 million shares representing 0.1712% and valued at over $839.33 million, while BAILLIE GIFFORD & CO holds 0.1513 of the shares totaling 11.53 million with a market value of $741.93 million.