This week, HDFC Bank and ICICI Bank both exhibited unique stock movements, highlighting their distinct market positions. Here’s an analysis of their performance, focusing on price fluctuations, market cap, and valuation ratios.
| Metrics | HDFC Bank | ICICI Bank |
|---|---|---|
| Weekly Change | +1.25% | -1.55% |
| Closing Price (Nov 8) | ₹1,751.90 | ₹1,259.00 |
| Market Cap | ₹13.41 Trillion | ₹8.88 Trillion |
| P/E Ratio | 19.32 | 19.01 |
| Dividend Yield | 1.11% | 0.79% |
| Year Range | ₹1,363.55 – ₹1,794.00 | ₹914.75 – ₹1,362.35 |
Highlights:
- HDFC Bank saw a gain of 1.25% over the week, closing at ₹1,751.90 on November 8. The stock’s day range on November 8 was between ₹1,745.85 and ₹1,761.80.
- ICICI Bank declined by 1.55%, closing at ₹1,259.00. The day range on November 8 was ₹1,252.70 to ₹1,275.00.
- HDFC Bank maintains a higher market cap of ₹13.41 trillion and offers a slightly better dividend yield at 1.11% compared to ICICI Bank’s 0.79%.
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.