HDFC Bank Ltd. ADR [NYSE: HDB] surged by $2.03 during the normal trading session on while it closed the day at $69.41.
HDFC Bank Ltd. ADR stock has also gained 8.78% of its value over the past 7 days. However, HDB stock has inclined by 18.59% in the 3 months of the year. Over the past six months meanwhile, it has gained 14.65% and gained 8.69% year-on date.
The market cap for HDB stock reached $177.05 billion, with 2.55 billion shares outstanding and 2.55 billion shares in the current float. Compared to the average trading volume of 2.92M shares, HDB reached a trading volume of 4642035 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about HDFC Bank Ltd. ADR [HDB]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HDB shares is $70.83 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HDB stock is a recommendation set at 1.31. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Nomura have made an estimate for HDFC Bank Ltd. ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 23, 2025. The new note on the price target was released on July 22, 2024, representing the official price target for HDFC Bank Ltd. ADR stock.
The Average True Range (ATR) for HDFC Bank Ltd. ADR is set at 1.76, with the Price to Sales ratio for HDB stock in the period of the last 12 months amounting to 3.12. The Price to Book ratio for the last quarter was 3.02.
HDB stock trade performance evaluation
HDFC Bank Ltd. ADR [HDB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.78. With this latest performance, HDB shares gained by 12.64% in over the last four-week period, additionally plugging by 14.65% over the last 6 months – not to mention a rise of 21.67% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HDB stock in for the last two-week period is set at 68.72, with the RSI for the last a single of trading hit 71.88, and the three-weeks RSI is set at 66.14 for HDFC Bank Ltd. ADR [HDB]. The present Moving Average for the last 50 days of trading for this stock 62.54, while it was recorded at 66.99 for the last single week of trading, and 62.38 for the last 200 days.
HDFC Bank Ltd. ADR [HDB]: An insightful look at the core fundamentals
HDFC Bank Ltd. ADR’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.27.
Earnings per share (EPS) analysis for HDFC Bank Ltd. ADR [HDB] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HDB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for HDFC Bank Ltd. ADR go to 10.73%.
HDFC Bank Ltd. ADR [HDB]: Institutional Ownership
There are presently around $14.27%, or 14.27%% of HDB stock, in the hands of institutional investors. The top three institutional holders of HDB stocks are: MORGAN STANLEY with ownership of 16.84 million shares, which is approximately 0.2207%. FIL LTD, holding 13.98 million shares of the stock with an approximate value of $$899.08 million in HDB stocks shares; and FIL LTD, currently with $$839.33 million in HDB stock with ownership which is approximately 0.171%.
