Published on 7 Oct 2024 on Insider Monkey · via Yahoo Finance
HDFC Bank Limited (HDB): Among the Best Indian Stocks for the Next 10 Years
We recently compiled a list of the 10 Best Indian Stocks for Next 10 Years. In this article, we are going to take a look at where HDFC Bank Limited (NYSE:HDB) stands against the other Indian stocks.
India's strong growth trajectory remains a compelling narrative on the back of remarkable advancements throughout sectors, placing the nation as a formidable player in the global arena. With a youthful population, an ever-expanding digital economy, and a strong and reliable manufacturing base, India continues to reap the benefits of its demographic dividend and embrace innovation to drive sustainable economic development. In the fiscal year 2023-24, foreign portfolio investments came in at INR 3,39,066 crore, with INR 1,71,248 crore seen so far in 2024-25 (as per the release dated September 27 by Press Information Bureau, Government of India). This healthy influx of capital demonstrates the country's resilience and the attractiveness of its financial landscape.