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If You Invested $1000 In This Stock 10 Years Ago, You Would Have $3,800 Today

Author: Benzinga Insights | January 08, 2024 03:00pm

HDFC Bank (NYSE:HDB) has outperformed the market over the past 10 years by 4.51% on an annualized basis producing an average annual return of 14.4%. Currently, HDFC Bank has a market capitalization of $165.72 billion.

Buying $1000 In HDB: If an investor had bought $1000 of HDB stock 10 years ago, it would be worth $3,839.25 today based on a price of $65.48 for HDB at the time of writing.

HDFC Bank's Performance Over Last 10 Years

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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

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