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HDB - HDFC Bank Limited: Addressing The Valuation Premium And Other Triggers
HDFC Bank Limited
Quality is remembered long after the price is forgotten. - Gucci
HDFC Bank Limited (HDB) is widely considered to be India's leading private sector bank and one of the most well-managed banks in the world. The bank has a deep presence in the country with a banking network of 5326 branches spread across 2825 cities and towns.
Justifying the valuation premium
I normally don't start my stock write-ups by first diving into the valuations, but I thought it would be pertinent to address this first before touching upon other themes, as this has