HDFCBANK - Near Important Support Zone

20 Eyl 2023

HDFCBANK offers a range of banking services covering commercial and investment banking on the wholesale side and transactional/branch banking on the retail side.

Positives:

• Company with high TTM EPS Growth
  
• Good quarterly growth in the recent results
  
• Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
  
• Efficient in managing Assets to generate Profits - ROA improving since last 2 year
  
• Increasing Revenue every Quarter for the past 4 Quarters
  
• Company able to generate Net Cash - Improving Net Cash Flow for last 2 years
  
• Annual Net Profits improving for last 2 years
  
• Book Value per share Improving for last 2 years
  
• Company with Zero Promoter Pledge
  
• FII / FPI or Institutions increasing their shareholding
  

Negatives:

• MFs decreased their shareholding last quarter
  
• Decline in Net Profit with falling Profit Margin (QoQ)
  
• Declining profits every quarter for the past 2 quarters
  
• Weak Momentum: Price below Short, Medium and Long Term Averages
  

NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.