$1000 Invested In This Stock 20 Years Ago Would Be Worth $6,000 Today
Portfolio Pulse from Benzinga Insights
HDFC Bank (NYSE:HDB) has outperformed the market over the past 20 years, producing an average annual return of 9.31%. If an investor had bought $1000 of HDB stock 20 years ago, it would be worth $5,989.50 today. The bank currently has a market capitalization of $158.53 billion.
September 19, 2023 | 5:00 pm
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HDFC Bank has shown strong performance over the past 20 years, providing an average annual return of 9.31%. This historical performance may attract investors looking for long-term investments.
The news highlights the strong historical performance of HDFC Bank, which has outperformed the market over the past 20 years. This could potentially attract more investors to the stock, driving up its price in the short term.
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