$1000 Invested In This Stock 10 Years Ago Would Be Worth $3,900 Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, HDFC Bank (NYSE:HDB) has yielded an average annual return of 14.58%, outperforming the market. A $1000 investment in HDB a decade ago would now be worth $3,860.55. HDFC Bank's market cap stands at $169.56 billion, highlighting the significant growth and the impact of compounded returns over time.
December 26, 2023 | 2:30 pm
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HDFC Bank has significantly outperformed the market with a 14.58% average annual return over the past decade, turning a $1000 investment into $3,860.55 today.
The article directly mentions HDFC Bank's (HDB) strong performance over the past decade, which is likely to instill investor confidence and could positively influence the stock price in the short term. The historical performance data provided is a testament to the bank's growth and may attract investors looking for proven long-term investments.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100