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Here's How Much $100 Invested In HDFC Bank 10 Years Ago Would Be Worth Today

Benzinga ·  Nov 16, 2023 03:30

HDFC Bank (NYSE:HDB) has outperformed the market over the past 10 years by 3.88% on an annualized basis producing an average annual return of 13.54%. Currently, HDFC Bank has a market capitalization of $148.42 billion.

Buying $100 In HDB: If an investor had bought $100 of HDB stock 10 years ago, it would be worth $346.89 today based on a price of $58.67 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.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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