Today #HDFCBank broke an important support of 1563
Below this huge downfall is possible, which can bring the whole market down.
Below this huge downfall is possible, which can bring the whole market down.
HDFC Bank - CMP 1522
#HDFCBANK
The compounded sales growth rate and compounded profit growth rate for 5 years is 15% and 20% respectively.✨❗️
This year's EPS, ROCE, ROE and Return is 22.17, 6.24%, 17.1% and 7% respectively and the Company has been maintaining a healthy dividend payout of 19.0%📈✅
The company has booked a loss in profit from financing⚠️ but that seems to be due to the merger with HDFC Ltd. This does not seem to be a problem as the company has given a good earnings report this quarter with a net profit of 17,312Cr.💪🔥
Can have a strong upmove above 1563
Technically= Decent ✅
Fundamentally= Strong ✅
#HDFCBANK
The compounded sales growth rate and compounded profit growth rate for 5 years is 15% and 20% respectively.✨❗️
This year's EPS, ROCE, ROE and Return is 22.17, 6.24%, 17.1% and 7% respectively and the Company has been maintaining a healthy dividend payout of 19.0%📈✅
The company has booked a loss in profit from financing⚠️ but that seems to be due to the merger with HDFC Ltd. This does not seem to be a problem as the company has given a good earnings report this quarter with a net profit of 17,312Cr.💪🔥
Can have a strong upmove above 1563
Technically= Decent ✅
Fundamentally= Strong ✅