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HDFC Bank (NYSE:HDB) has outperformed the market over the past 10 years by 3.31% on an annualized basis producing an average annual return of 12.82%. Currently, HDFC Bank has a market capitalization of $148.81 billion.
Buying $1000 In HDB: If an investor had bought $1000 of HDB stock 10 years ago, it would be worth $3,321.36 today based on a price of $58.88 for HDB at the time of writing.
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: HDB