|Bid||56.63 x 800|
|Ask||57.22 x 800|
|Day's range||56.12 - 57.17|
|52-week range||50.61 - 78.43|
|Beta (5Y monthly)||0.86|
|PE ratio (TTM)||21.87|
|Forward dividend & yield||0.58 (0.95%)|
|Ex-dividend date||11 May 2022|
|1y target est||76.00|
NEW YORK, July 29, 2022--HDFC Bank Limited filed its Form 20-F for the year ended March 31, 2022 on July 29, 2022.
A lot has been happening in the financial sector of India with big-ticket M&As hogging the spotlight.
Today's one of those rare days when the stock of HDFC Bank (NYSE: HDB) made a big move, and rightfully so. HDFC Bank wants to merge with its parent, HDFC (which is listed in India), in an all-stock deal, after which HDFC will become a subsidiary of the bank. This is a potential merger between the largest private bank and the largest housing-finance company (HDFC) in the world's second most-populous country.