HDFC Bank

HDB

Market cap $139B

ASML reported solid 4Q25 results and record bookings due to strong AI demand for DRAM and advanced logic, and FY2026 guidance is above consensus. Adyen reported December quarter results slightly below consensus expectations, with net revenue growing 19% y/y. For the Baird Chautauqua International Growth Fund, 60% of companies that reported earnings during the quarter were in line with or exceeded consensus estimates.

HDFC Bank remains a Hold, following my analysis of Q4 metrics and regulatory developments. HDB did well in 4QFY26, considering a lower loan-to-deposit metric and an increase in the CASA ratio. But the Reserve Bank of India's recent foreign exchange restrictions could translate into one-off losses and lower future recurring income for HDFC.

Investors with an interest in Banks - Foreign stocks have likely encountered both NatWest Group (NWG) and HDFC Bank (HDB). But which of these two companies is the best option for those looking for undervalued stocks?

Shares of HDFC Bank have come under sustained pressure this year, declining more than 26% and lagging both peers and the broader market, even as brokerages turn increasingly positive on the stock following the sharp correction. The recent underperformance has prompted global brokerage JPMorgan to upgrade the stock to “Overweight” from “Neutral”, citing a more favourable risk-reward profile at current levels.

The surprise exit of HDFC Bank's chairman that led to a $16 billion stock rout in India's biggest private lender has put its CEO in the spotlight ​amid rumbles of acrimony in top management and unease about its underperformance versus peers.

Alphabet was a top contributor during the quarter, driven by accelerating growth across its core businesses and strong execution in AI-enabled products. Management raised its revenue growth guidance to the mid-30% range, and AI-related growth targets are expected to move above the current mid-40% level. Fast Retailing's scale and efficient supply chain help navigate macroeconomic headwinds while ongoing innovation in product design and marketing support brand strength.

HDFC Bank Limited (HDB) Shareholder/Analyst Call Transcript

India's largest private lender said on Thursday the abrupt exit of its chairman ‌could be due to a rift between him and the management team, adding there were no material issues at the bank.

HDFC Bank's boardroom shock has turned an already weak stock into one of the market's biggest stress points. Shares of India's largest private lender plunged over 8% on Thursday after part-time Chairman Atanu Chakraborty resigned with immediate effect.

Investors interested in Banks - Foreign stocks are likely familiar with NatWest Group (NWG) and HDFC Bank (HDB). But which of these two stocks presents investors with the better value opportunity right now?