HDFC Bank Ltd. ADR (NYSE:HDB) price on current trading day, fall -2.97% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $73.63.
A look at the stock’s price movement, the level at last check in today’s session was $75.88, moving within a range at $73.3 and $74.04. The beta value (5-Year monthly) was 0.571 while the PE ratio in trailing twelve months stood at 22.47. Turning to its 52-week performance, $77.76 and $57.24 were the 52-week high and 52-week low respectively. Overall, HDB moved 2.75% over the past month.
HDFC Bank Ltd. ADR’s market cap currently stands at around $188.02 billion, with investors looking forward to this quarter’s earnings report slated for on 2024-Jul-21. The company has a Forward Dividend ratio of 0.70, with its dividend yield at 0.94%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 429.82B for the company’s revenue for the quarter, with a low and high estimate of 424.6B and 435.04B respectively. The average forecast suggests up to a 6.11% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 3T, representing a 4.53% jump on that reported in the last financial year.
The technical evaluation for the stock shows the PEG ratio is 1.67, with HDB’s current price about -1.51% and 2.03% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 47.69, while 7-day volatility ratio is 0.85% and 1.06% in the 30-day chart. Further, HDFC Bank Ltd. ADR (HDB) has a beta value of 0.63, and an average true range (ATR) of 1.35.
If we refocus on HDFC Bank Ltd. ADR (NYSE:HDB), historical trading data shows that trading volumes averaged 2.14 over the past 10 days and 2.99 million over the past 3 months. The company’s latest data on shares outstanding shows there are 2.55 billion shares.
The 0.01% of HDFC Bank Ltd. ADR’s shares are in the hands of company insiders while institutional holders own 14.11% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 14.19 million on 2025-05-30, giving us a short ratio of 6.56. The data shows that as of 2025-05-30 short interest in HDFC Bank Ltd. ADR (HDB) stood at 55.99999999999999 of shares outstanding, with shares short rising to 13.99 million registered in 2025-04-30. Current price change has pushed the stock 15.30% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the HDB stock continues to rise going into the next quarter.
