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NYSE: HDB

How to Buy Hdfc Bank Stock

Buy HDB

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 $58.97, down 3.52% from the previous day, and has decreased 20.29% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.15 percentage points. Hdfc Bank stock is currently +16.52% from its 52-week low of $50.61, and -24.81% from its 52-week high of $78.43.

There are currently 5.55B HDB shares outstanding. The market capitalization of HDB is $108.90B. In the last 24 hours, 3.02M 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. It's the best place to buy HDB stock.
  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.

Our preferred brokerage: eToro

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Get $10 towards your your HDB stock purchase by creating an account with eToro now.

Buy HDB Stock

Step 2: Create a brokerage account

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

How to Start a New Investment Account on eToro

  1. Click here to get started.
  2. Enter your personal info to open your new trading account.
  1. Send your info by pressing the "Create Account" button.
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Step 3: Deposit funds into your investment account

Check out this video walkthrough if you need help depositing money into your new investment account.

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Step 4: Analyze Hdfc Bank stock

It's important to evaluate stocks prior to investing, so you truly comprehend the risk as well as the opportunity.

Overview of key HDB info

HDB Price
$58.97
1w %
-9.17%
1y %
-20.29%
5y %
25.35%
P/E
22.49x
P/B
3.47x
P/S
9.75x
PEG
1.39x
Revenue
$11.17B
Earnings
$4.83B
Fore. Rev. Growth
22.45%
Fore. Earn. Growth
16.17%
Market Cap
$108.90B
Next Earnings
N/A
Next Dividend
N/A

Hdfc Bank Overview

WallStreetZen was built to help part-time investors perform better fundamental analysis quickly.

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

What is the fair value of HDB stock?

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

Using relative valuations metrics:

  • HDB may be overvalued based on its P/E ratio of 22.49x, relative to Banks - Regional industry P/E ratio of 18.84x
  • HDB may be overvalued based on its P/B ratio of 3.47x, relative to Banks - Regional industry P/B ratio of 1.08x
  • HDB may be overvalued based on its PEG ratio of 1.39x

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

HDB Financial Health Overview

Signs that HDB is financially healthy:

  • HDB's operating cash flow of $7.27B allows it to safely service it's debt of $28.29B.
  • HDB earnings of $6.49B is not enough to cover its interest payments.
  • HDB profit margin has gone up from 41.7% to 43.3% in the past year.
  • Total HDB debt is lower than 5 years ago, relative to shareholder equity.

Signs that HDB is not financially healthy:

  • HDB has a relatively high debt to equity ratio of 7.43.

Is it a good time to buy Hdfc Bank stock?

Out of 1 sell side analysts who monitor HDB, the consensus analyst rating on HDB is a Strong Buy

Should I buy or sell HDB stock?

Based on 1 analyst offering ratings for Hdfc Bank Ltd.
Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

You can dig deeper into what analysts are projecting on the Hdfc Bank stock forecast page.

HDB Trading Indicators

SMA10
64.56
SMA20
63.38
SMA50
62.5
SMA100
59.06
SMA200
61.32
MACD
0.09
MACD Signal
0.69
MACD Histogram
-0.59
RSI
35.19
Stochastic %K
18.03
Stochastic %D
39.1
StochRSI %K
1.41
StochRSI %D
16.63

HDB Performance Numbers

Last year, HDB earnings were $4.83B. In the past five year, HDB's earnings have gone up by 16.57% per year. This was slower than the Banks - Regional industry average of 31.7%.

Last year, HDB revenue was $11.17B. In the past 5 year, HDB's revenue has grown by 12.39% per year. This was faster than the Banks - Regional industry average of 7.52%.

Learn more about HDB's earnings and revenue performance here.

Who is buying/selling HDB?

In the past 12 months, executives and large shareholders at HDB have not bought or sold any shares.

Get more info about who owns HDB shares here.

Does HDB stock generate passive income?

Hdfc Bank pays a dividend of 2.02%, compared to the Banks - Regional industry's average dividend yield of 3.1%. If you owned $1,000 of HDB stock, you would have received $20.15 in the past 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 biggest reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Place your HDB purchase

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at an exact price, use a limit order.

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

If you want additional info about investing in stocks on eToro, watch the helpful video below:

Buy HDB Stock

Step 6: Watch your HDB investment

Now that you own some HDB shares, you'll want to stay up-to-date on your new investment.

Create a watchlist to keep tabs on your HDB stock.

HDB Feed

How to Buy Stock in Hdfc Bank

To summarize, here are the 6 steps for buying Hdfc Bank stock:

  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 online brokerage, eToro is our recommended venue.

Start investing with eToro today

If you would like to track your new investment in Hdfc Bank, create a watchlist today.

$58.97-2.15 (-3.52%)
Updated Sep 23, 2022
Buy HDB Stock
$58.97-2.15 (-3.52%)
Updated Sep 23, 2022
Buy HDB Stock

FAQ

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

As of Sep 23, 2022, it costs $58.97 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 0.17 shares of HDB.

Start investing with eToro today

Is now a good time to buy Hdfc Bank stock?

According to 1 Wall Street analysts who monitor Hdfc Bank, their consensus recommendation is to buy Hdfc Bank stock.

What is the best way to buy Hdfc Bank stock?

The best way to buy Hdfc Bank stock is within a brokerage account on eToro.
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.