NINE MASTS CAPITAL Ltd Increases Position in HDFC Bank Limited $HDB

NINE MASTS CAPITAL Ltd boosted its holdings in HDFC Bank Limited (NYSE:HDB) by 105.5% in the second quarter, HoldingsChannel reports. The firm owned 3,905,609 shares of the bank’s stock after purchasing an additional 2,004,800 shares during the period. HDFC Bank makes up about 10.2% of NINE MASTS CAPITAL Ltd’s investment portfolio, making the stock its 3rd biggest holding. NINE MASTS CAPITAL Ltd’s holdings in HDFC Bank were worth $100,882,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Larson Financial Group LLC boosted its holdings in shares of HDFC Bank by 90.4% during the 3rd quarter. Larson Financial Group LLC now owns 849 shares of the bank’s stock worth $29,000 after buying an additional 403 shares in the last quarter. Axiom Investment Management LLC acquired a new stake in shares of HDFC Bank during the 1st quarter worth approximately $32,000. Bell Investment Advisors Inc increased its stake in shares of HDFC Bank by 260.9% in the 1st quarter. Bell Investment Advisors Inc now owns 1,386 shares of the bank’s stock valued at $34,000 after acquiring an additional 1,002 shares in the last quarter. Pin Oak Investment Advisors Inc. increased its stake in shares of HDFC Bank by 100.0% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 996 shares of the bank’s stock valued at $34,000 after acquiring an additional 498 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd acquired a new position in shares of HDFC Bank during the 3rd quarter valued at $43,000. 17.61% of the stock is owned by institutional investors and hedge funds.

HDFC Bank Stock Down 0.0%

Shares of HDB opened at $23.07 on Monday. The business’s fifty day moving average is $24.49 and its 200 day moving average is $25.98. HDFC Bank Limited has a 12-month low of $22.45 and a 12-month high of $37.45. The stock has a market cap of $118.38 billion, a P/E ratio of 13.57, a P/E/G ratio of 1.09 and a beta of 0.65.

HDFC Bank (NYSE:HDB) last announced its quarterly earnings results on Saturday, July 18th. The bank reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.02. HDFC Bank had a net margin of 15.96% and a return on equity of 11.84%. The business had revenue of $9.01 billion during the quarter, compared to analyst estimates of $5 billion. On average, analysts expect that HDFC Bank Limited will post 1.67 EPS for the current year.

HDFC Bank News Summary

Here are the key news stories impacting HDFC Bank this week:

• Positive Sentiment: The bank’s latest reported quarter exceeded analyst expectations, with earnings of $0.40 per share versus a $0.38 consensus estimate and revenue of $9.01 billion. However, this operating update predates the current legal-news cycle and is not the main focus of today’s coverage.
• Neutral Sentiment: Several firms—including Hagens Berman, Rosen Law Firm, Kahn Swick & Foti, Kaplan Fox, Schall Brown & Schwartz, and others—are soliciting investors to seek lead-plaintiff status. The notices concern investors who purchased HDFC Bank securities, including ADSs, between July 17, 2023, and May 26, 2026, with most notices citing an October 13, 2026 deadline. HDFC Bank securities class action notice
• Negative Sentiment: The lawsuit alleges that HDFC Bank and certain senior executives violated U.S. securities laws by making misleading statements and maintaining inadequate internal controls related to interest payments and alleged deposit inducements routed through the bank’s marketing budget. The allegations have not been proven in court, but they raise potential legal costs, management-distraction, governance, and reputational risks. HDFC Bank alleged internal control failures
• Negative Sentiment: Law-firm notices characterize the alleged disclosure as having contributed to an approximately 4% share-price decline. The repeated announcements are likely reinforcing investor concerns and helping explain why HDB has been trading well below its 50-day and 200-day moving averages and near its 52-week low.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Wall Street Zen cut shares of HDFC Bank from a “hold” rating to a “sell” rating in a report on Saturday, July 18th. Zacks Research upgraded shares of HDFC Bank from a “strong sell” rating to a “hold” rating in a report on Friday, July 17th. Weiss Ratings raised shares of HDFC Bank from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, July 20th. Finally, The Goldman Sachs Group assumed coverage on HDFC Bank in a research note on Friday, August 21st. They issued a “buy” rating for the company. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, HDFC Bank currently has an average rating of “Hold”.

About HDFC Bank

HDFC Bank Limited is one of India’s leading private sector banks, headquartered in Mumbai. Incorporated in 1994 and promoted by Housing Development Finance Corporation (HDFC), the bank provides a full range of banking and financial services to retail, small and medium-sized enterprises, and corporate customers. It is publicly listed and also accessible to international investors through American Depositary Receipts (ADRs) trading on the New York Stock Exchange under the symbol HDB.

The bank’s core activities include retail banking (deposit accounts, personal loans, home loans, auto loans, and credit cards), commercial and corporate banking (working capital finance, term lending, trade finance and treasury services), and transaction banking (cash management and payment solutions).