How Do HDFC Bank's Fundamentals And Valuations Stack Up Versus Its Peers? | ET Now | English News

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3.2 هزار بار بازدید - 2 سال پیش - HDFC Bank was trading at
HDFC Bank was trading at 1500 levels in January 21. And even today it is trading at 1520 levels, meaning there by that the stock has barely done anything in the last one and a half year. Even on a YTD basis, Nifty Bank has gained 16% while Nifty twins have not given any returns. For the quarter gone by, HDFC Bank's advances have gone up by 23.5% on a YoY basis as compared to industry average of 21.3% while Deposits for Q2 grew at 19% vs industry average of 13.4%. HDFC Bank currently trades at 4.1x P/B v/s 5 year historic average of 4.3x meaning that the stock is significantly off from its historic valuation levels. Analysts believe HDFC merger will be EPS and book value accretive.  ROE's on account of merger are expected to be  slightly lower immediately post merger but RoAs with lower risk weighted assets density could eventually yield a better return on equity. #ETNow #HDFCBank #EnglishNews

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2 سال پیش در تاریخ 1401/08/11 منتشر شده است.
3,284 بـار بازدید شده
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