HDFC Bank and Axis Bank, two prominent private sector banks, showed varied performance over the week. Below is a comparison of key metrics, illustrating their market positioning.
| Metrics | HDFC Bank | Axis Bank |
|---|---|---|
| Weekly Change | +1.25% | +0.63% |
| Closing Price (Nov 8) | ₹1,751.90 | ₹1,161.40 |
| Market Cap | ₹13.41 Trillion | ₹3.59 Trillion |
| P/E Ratio | 19.32 | 12.93 |
| Dividend Yield | 1.11% | 0.09% |
| Year Range | ₹1,363.55 – ₹1,794.00 | ₹980.35 – ₹1,339.65 |
Highlights:
- HDFC Bank recorded a 1.25% gain this week, closing at ₹1,751.90 on November 8, with a day range of ₹1,745.85 to ₹1,761.80.
- Axis Bank also saw a rise of 0.63%, ending the week at ₹1,161.40. The day range on November 8 was ₹1,151.10 to ₹1,167.75.
- HDFC Bank’s market cap of ₹13.41 trillion outshines Axis Bank’s ₹3.59 trillion, but Axis Bank presents a more affordable P/E ratio at 12.93.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Investors are advised to perform their own research or consult with a financial advisor before making any investment decisions.
