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How to Buy Hdfc Bank Stock

Hdfc Bank Ltd

Hdfc Bank is a bank company located in India, which is part of the Financial Services sector, and is traded under the ticker HDB on the NYSE exchange.

Hdfc Bank stock last closed at $55.01, up 2.82% from the previous day, and has decreased 17.53% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.13 percentage points. Hdfc Bank stock is currently +5.46% from its 52-week low of $52.16, and -22.94% from its 52-week high of $71.39.

There are currently 5.58B HDB shares outstanding. The market capitalization of HDB is $102.21B. In the last 24 hours, 2.78M HDB shares were traded.

How to Buy Hdfc Bank Stock

Not sure how to invest in Hdfc Bank stock? Here's how.
  1. Decide where to buy Hdfc Bank stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Hdfc Bank stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Select your payment method and add your details.
  4. Analyze Hdfc Bank stock: The Hdfc Bank ticker symbol is HDB. Is Hdfc Bank stock a good investment? Should you buy shares of HDB? How do HDB's underlying business fundamentals look? Do top analysts think Hdfc Bank is a good buy? Why has HDB's stock price moved recently? (Hint: Our stock research website can help you decide if HDB is a good stock to buy).
  5. Place your HDB purchase: Decide if you will purchase HDB shares at the current market price or use a limit order to purchase HDB shares at a specific price.
  6. Watch your HDB investment: Create a watchlist to keep track of your new investment in Hdfc Bank shares.

Step 1: Decide where to buy Hdfc Bank stock

You need an online brokerage account to access the NYSE market and buy HDB shares.

A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've picked the best brokerage, the next step is to fill out some personal info so you are able to invest in HDB today.

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Step 3: Deposit funds into your investment account

Now that you've filled out your info on one of the most highly reviewed stock trading apps, you need to deposit funds:

Check out the tutorial below for more details depositing funds into your brokerage account.

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Step 4: Analyze Hdfc Bank stock

Once you have decided on the best place to buy Hdfc Bank stock, it's critical to evaluate their stock before you buy, so you truly wrap your head around the risk and opportunity.

Hdfc Bank shares data

HDB Price
$55.01
1w %
1.87%
1y %
-17.53%
5y %
9.54%
P/E
16.93x
P/B
2.89x
P/S
7.43x
PEG
1.49x
Revenue
$13.75B
Earnings
$6.02B
Fore. Rev. Growth
25.58%
Fore. Earn. Growth
12.61%
Market Cap
$102.21B
Next Earnings
Apr 22, 2024
Next Dividend
N/A

Hdfc Bank Overview

WallStreetZen was designed to help everyday investors perform better fundamental analysis quickly.

You can see all of the due diligence checks on HDB's stock page.

Is HDB stock undervalued or overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge HDB's intrinsic value.

Using relative valuations measures:

  • HDB may be undervalued based on its P/E ratio of 16.93x, relative to Banks - Regional industry P/E ratio of -9.95x
  • HDB may be overvalued based on its P/B ratio of 2.89x, relative to Banks - Regional industry P/B ratio of 0.98x
  • HDB may be overvalued based on its PEG ratio of 1.49x

You can access additional valuation research on HDB's stock here.

A look at HDB Cashflows and Balance Sheet

Signs that HDB is financially healthy:

  • HDB earnings of $8.04B is not enough to cover its interest payments.
  • Total HDB debt is lower than 5 years ago, relative to shareholder equity.
  • HDB profit margin has gone up from 43.3% to 43.8% in the past year.

Signs that HDB is not financially healthy:

  • HDB's operating cash flow of $5.80B allows it to safely service it's debt of $38.22B.
  • HDB has a relatively high debt to equity ratio of 7.84.

You can dive deeper into what analysts are forecasting on the Hdfc Bank stock forecast page.

HDB Momentum

SMA10
54.03
SMA20
54.1
SMA50
58.74
SMA100
59.11
SMA200
62.13
MACD
-1.06
MACD Signal
-1.4
MACD Histogram
0.35
RSI
48.8
Stochastic %K
37.37
Stochastic %D
32.15
StochRSI %K
76.25
StochRSI %D
70.98

Is HDB Growing Revenue?

Last year, HDB earnings were $6.02B. In the past 5 year, HDB's earnings have increased by 15.3% per year. This was slower than the Banks - Regional industry average of 18.79%.

Last year, HDB revenue was $13.75B. During the past 5 year, HDB's revenue has increased by 12% per year. This was faster than the Banks - Regional industry average of 7.06%.

Find out more about HDB's earnings and revenue performance here.

Are HDB insiders buying or selling the stock?

In the past 12 months, insiders at HDB have not bought or sold any shares.

Dig into more about who owns HDB shares here.

Can I get consistent income from HDB stock?

Hdfc Bank pays a dividend of 2.53%, compared to the Banks - Regional industry's average dividend yield of 3.73%. If you owned $1,000 of HDB stock, you would have been paid $25.33 last year.

Hdfc Bank dividend payments have consistently grown over the past decade but have not remained stable.

Get more analysis about Hdfc Bank dividend yield and history here.

What others are saying about HDB

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Place your HDB purchase

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly sufficient.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a given price limit, place a limit order.

Hit the Open Trade button and your broker will execute your order.

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Step 6: Watch your HDB investment

Now that you own some HDB shares, you'll want to keep up with your company.

Add HDB to a watchlist to track the latest developments regarding your HDB stock.

HDB Feed

How to Buy Stock in Hdfc Bank

To reiterate, here are the 6 steps you need to take to buy Hdfc Bank stock right now:

  1. Decide where to buy Hdfc Bank stock
  2. Create a brokerage account
  3. Deposit funds into your investment account
  4. Analyze Hdfc Bank stock
  5. Place your HDB purchase
  6. Watch your HDB investment

If you need a brokerage account, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to monitor your investment in Hdfc Bank, add HDB to your watchlist below.

NYSE: HDB
$55.01+1.51 (+2.82%)
Updated Mar 1, 2024
Open eToro Account
NYSE: HDB
$55.01+1.51 (+2.82%)
Updated Mar 1, 2024
Open eToro Account

FAQ

How much does it cost to buy one Hdfc Bank share?

As of Mar 1, 2024, it costs $55.01 to buy one share of Hdfc Bank stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.182 shares of HDB.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Hdfc Bank stock?

One way to place an order for Hdfc Bank stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.