HDFC Bank Ltd. ADR (NYSE: HDB) is 17.19% higher on its value in year-to-date trading and has touched a low of $57.24 and a high of $77.76 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HDB stock was last observed hovering at around $73.93 in the last trading session, with the day’s gains setting it 0.91%.
Currently trading at $74.84, the stock is -0.03% and 3.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.6 million and changing 1.23% at the moment leaves the stock 15.01% off its SMA200. HDB registered 24.07% gain for a year compared to 6-month gain of 10.99%.
The stock witnessed a 2.06% loss in the last 1 month and extending the period to 3 months gives it a 21.45%, and is -1.82% down 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 1.58% over the week and 1.16% over the month.
HDFC Bank Ltd. ADR (HDB) has around 213527 employees, a market worth around $191.11B and $55.69B in sales. Current P/E ratio is 22.84 and Fwd P/E is 18.78. Profit margin for the company is 15.03%. Distance from 52-week low is 30.75% and -3.76% from its 52-week high. The company has generated returns on investments over the last 12 months (6.19%).
The EPS is expected to grow by 10.51% this year.
HDFC Bank Ltd. ADR (HDB) Top Institutional Holders
The shares outstanding are 2.55B, and float is at 2.55B with Short Float at 0.56%.
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 0.2207% 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 0.1832 of the shares outstanding. The other top investors are JPMORGAN CHASE & CO which holds 13.05 million shares representing 0.171% and valued at over $839.33 million, while BAILLIE GIFFORD & CO holds 0.1511 of the shares totaling 11.53 million with a market value of $741.93 million.
HDFC Bank Ltd. ADR (HDB) Insider Activity
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