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: Nasdaq.com, which released: “New Research: Key Drivers of Growth for Klondex Mines, Sogou Inc., Nokia, HDFC Bank, Crescent Point Energy, and …” on June 08, 2018. Finance.Yahoo.com‘s article titled: “Stocks- Wall Street Inches Up Ahead of Fed Meeting” and published on June 13, 2018 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: