Here's How Much $100 Invested In HDFC Bank 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, HDFC Bank (NYSE:HDB) has produced an average annual return of 13.31%, outperforming the market by 3.6% on an annualized basis. A $100 investment in HDB a decade ago would now be worth $345.78. HDFC Bank currently has a market capitalization of $159.56 billion.
December 06, 2023 | 7:00 pm
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POSITIVE IMPACT
HDFC Bank (NYSE:HDB) has delivered a strong performance with an average annual return of 13.31% over the past 10 years, significantly outperforming the market.
The historical performance of HDFC Bank is indicative of its strong growth and stability over the past decade. This track record is likely to instill confidence in investors, potentially leading to a positive short-term impact on the stock price as it highlights the bank's ability to deliver consistent returns.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100