HDFC Bank: The Jury Is Still Out, Although The Risk-Reward Is In A Better Place [Seeking Alpha]
HDFC Bank Limited (HDB)
US:NYSE Investor Relations:
hdfcbank.com/aboutus/cg/financial_information.htm
Company Research
Source: Seeking Alpha
We discuss some of the major sub-plots that could impact HDB's performance. On the technical front, the reward-to-risk equation looks quite encouraging now. Introduction HDFC Bank Limited ( NYSE: HDB ), which was widely considered to be one of the pre-eminent financial institutions in India over the last few decades, has been going through a relatively rough patch for a while now. Last year, the talk of the town was the bank's merger with HDFC Limited, a giant in the non-banking finance space. As things stand, it looks like the market is not too enthused with this merger, as the HDB ADR has witnessed a contraction within the high-teens threshold (since the merger date), and consequently also underperformed its peers from the Indian financial space, Nifty India Financials ETF ( INDF ), and a diversified basket of Indian equities, iShares MSCI India ETF ( INDA ), both of whom have delivered positive returns during this period. In case you're wondering how to position yourself
Show less
Read more
Impact Snapshot
Event Time:
HDB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HDB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HDB alerts
High impacting HDFC Bank Limited news events
Weekly update
A roundup of the hottest topics
HDB
News
- HDFC Bank Limited (NYSE: HDB) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- 100 Countries with Lowest GDP Per Capita [Yahoo! Finance]Yahoo! Finance
- 20 Fastest Growing Economies in Asia in 2024 [Yahoo! Finance]Yahoo! Finance
- HDFC Bank Limited (HDB) Benefitted From the Strong Growth of the Indian Economy [Yahoo! Finance]Yahoo! Finance
HDB
Sec Filings
- 4/29/24 - Form 6-K
- 4/29/24 - Form 6-K
- 4/25/24 - Form 6-K
- HDB's page on the SEC website