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Monday, September 25, 2023

Is HDFC Bank Limited (NYSE: HDB) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for HDFC Bank Limited (HDB) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.14, or 0.22%, to $64.50. The HDFC Bank Limited has recorded 10,628 volume in the after hours trading session.

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Stocks Info

This NYSE-listed company operates within the Banks – Regional industry segment, falling under the Financial sector. The current market capitalization of HDFC Bank Limited is $147.87B. A total of 1.73 million shares were traded on the day, compared to an average of 1.79M shares.


The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. HDFC Bank Limited pays an annual dividend of $0.68, resulting in a dividend yield of 1.06%, and it has a price to earnings (P/E) ratio of 20.11. HDB’s most recent ex-dividend date was 5/12/2023 when it declared a $0.5935 quarterly dividend that was paid in cash on 5/12/2023. Previously, the company paid the dividend on 7/27/2022 with an ex-dividend date of 7/19/2022. The HDB stock dividend was $0.5805 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for HDB in the last 3 months, the mean price target is $73.97 with high estimates of $84.08 and low estimates of $62.75. In terms of 52-week highs and lows, HDB has a high of $71.76 and a low of $55.22.

As of this writing, HDB has an earnings estimate of $0.69 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of $0.69 per share and a lower estimate of $0.69. The company reported an EPS of $0.75 in the last quarter, which was 15.40% higher than expectations of $0.65.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HDB is Buy with a score of 5.00.

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