InvestorQ : How this stock will perform?
PURNENDU bikashpaul made post

How this stock will perform?

3 years ago

HDFC Bank has been a classic outperformer all along so there is no reason for you to believe that the stock would do anything worse in the future. The stock has managed to sustain growth for nearly 2 decades now quarter after quarter. Even in the December 2019 quarter, the bank did see some pressure on rising NPAs but the profit growth has continued. The stock of HDFC Bank is already the third largest in India in terms of market cap and that could be the only overhang in the short term to medium term. However, you must use the strategy of buying the stock of HDFC Bank on every dip. You are unlikely to get it wrong that way.