Large Outflow of Money Witnessed in HDFC Bank Limited

HDFC Bank Limited (HDB) : Tuesdays money flow analysis of HDFC Bank Limited (HDB) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $8.74 million. In comparison, the inflow of money on upticks was a meager $6.41 million. The dollar value of composite uptick trades minus the downtick trades was negative $2.33 million. The uptick to downtick ratio of 0.73 in the money flow shows weakness. The uptick block trades were valued at $1.7 million. The downtick transaction value was high at $4.24 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.4. Hence, the net money flow in the stock was negative ($2.54 million). HDFC Bank Limited (HDB) gained $0.3 at $68.33, a change of 0.44% over the previous days close.


The company Insiders own 1% of HDFC Bank Limited shares according to the proxy statements. Institutional Investors own 18.23% of HDFC Bank Limited shares.

Shares of HDFC Bank Limited rose by 2.71% in the last five trading days and 5.58% for the last 4 weeks. HDFC Bank Limited is up 11.87% in the last 3-month period. Year-to-Date the stock performance stands at 10.78%.

HDFC Bank Limited (NYSE:HDB): On Tuesdays trading session , Opening price of the stock was $67.78 with an intraday high of $68.35. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $67.69. However, the stock managed to close at $67.8, a loss of 0.34% for the day. On the previous day, the stock had closed at $68.03. The total traded volume of the day was 918,295 shares.

HDFC Bank Limited (HDFC Bank) is a banking company. The Bank is engaged in providing a range of banking and financial services including commercial banking and treasury operations. It operates in four segments: Treasury, Retail Banking, Wholesale banking and other banking business. The treasury segment primarily consists of net interest earnings from the Banks investment portfolio, money market borrowing and lending, gains or losses on investment operations. The retail banking segment serves retail customers through a branch network and other delivery channels. The wholesale banking segment provides loans, non-fund facilities and transaction services to large corporates, emerging corporates, public sector units, Government bodies, financial institutions and medium scale enterprises. Other banking business segment includes income from para banking activities, such as credit cards, debit cards, third-party product distribution, primary dealership business and the associated costs.

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