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home / news releases / HDB - HDFC Bank: Favor Quality On The Recovery Path

HDB - HDFC Bank: Favor Quality On The Recovery Path

HDFC Bank Limited
  • HDFC Bank posts a resilient FQ2 '21 earnings result, with outperformance across the top and bottom lines.
  • Encouragingly, the worst of HDFC Bank's asset quality issues looks to be over.
  • Digital initiatives are also gaining traction, underpinning the long-term growth outlook.
  • Shares are not cheap at over 3x book, but I see plenty of room for HDFC to grow into its valuation.

For further details see:

HDFC Bank: Favor Quality On The Recovery Path
Stock Information
Company Name: HDFC Bank Limited
Stock Symbol: HDB
Market: NYSE
Website: hdfcbank.com
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