Hdfc Bank LTD (HDB) Holding Lifted by Martin Currie Ltd

June 14, 2018 - By Louis Casey

HDFC Bank Limited (NYSE:HDB) Logo

Martin Currie Ltd increased its stake in Hdfc Bank Ltd (HDB) by 5.85% based on its latest 2018Q1 regulatory filing with the SEC. Martin Currie Ltd bought 74,253 shares as the company’s stock declined 3.14% with the market. The institutional investor held 1.34M shares of the commercial banks company at the end of 2018Q1, valued at $132.62 million, up from 1.27 million at the end of the previous reported quarter. Martin Currie Ltd who had been investing in Hdfc Bank Ltd for a number of months, seems to be bullish on the $76.89B market cap company. The stock decreased 0.51% or $0.52 during the last trading session, reaching $101.78. About 307,506 shares traded. HDFC Bank Limited (NYSE:HDB) has risen 11.82% since June 14, 2017 and is uptrending. It has underperformed by 0.75% the S&P500.

Martin Currie Ltd, which manages about $1.44B US Long portfolio, decreased its stake in Taiwan Semiconductor Mfg Ltd (NYSE:TSM) by 153,532 shares to 2.50M shares, valued at $109.47 million in 2018Q1, according to the filing. It also reduced its holding in Philip Morris Intl Inc (NYSE:PM) by 95,808 shares in the quarter, leaving it with 152,956 shares, and cut its stake in Jpmorgan Chase & Co (NYSE:JPM).

More news for HDFC Bank Limited (NYSE:HDB) were recently published by:, which released: “New Research: Key Drivers of Growth for Klondex Mines, Sogou Inc., Nokia, HDFC Bank, Crescent Point Energy, and …” on June 08, 2018.‘s article titled: “Stocks- Wall Street Inches Up Ahead of Fed Meeting” and published on June 13, 2018 is yet another important article.

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