If You Invested $1000 In This Stock 10 Years Ago, You Would Have $3,800 Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, HDFC Bank (NYSE:HDB) has delivered an average annual return of 14.4%, outperforming the market by 4.51% on an annualized basis. A $1000 investment in HDB a decade ago would be worth $3,839.25 today. HDFC Bank currently holds a market cap of $165.72 billion.
January 08, 2024 | 7:00 pm
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HDFC Bank has significantly outperformed the market with a 14.4% average annual return over the past decade, with a $1000 investment growing to $3,839.25.
The historical performance of HDFC Bank as detailed in the article suggests a strong track record of growth over the past decade. This information could positively influence investor sentiment and potentially lead to an increased interest in HDB shares in the short term. However, past performance is not always indicative of future results, and investors may also consider other current market conditions and future prospects before investing.
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