HDFC Bank Limited (ADR) (NYSE:HDB)

CAPS Rating: 4 out of 5

A private sector bank and financial services company in India with three principal business activities: retail banking, wholesale banking and treasury operations.

Recs

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Player Avatar KempInTheWoods (55.86) Submitted: 7/5/2007 12:14:58 PM : Outperform Start Price: $16.72 HDB Score: +79.56

One more service for the growing Indian middle class - banking. And this bank appears to be "doing it right" by providing banking service through a rich variety of channels and taking banking to the customer. YOY earnings growth of 80+%, a little insider ownership, P/E is a little high, but it has "the sound of inevitability" on its side.

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