Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our modelAll three major indices are trading down today with the Dow Jones Industrial Average (^DJI) trading down 21 points (-0.2%) at 12,999 as of Friday, Nov. 30, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,281 issues advancing vs. 1,584 declining with 138 unchanged.The Banking industry currently sits down 0.1% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the industry include Royal Bank of Scotland Group (The (RBS), down 1.8%, and Lloyds Banking Group (LYG), down 0.5%.TheStreet Ratings group would like to highlight 5 stocks pushing the industry lower today:5. HDFC Bank (HDB) is one of the companies pushing the Banking industry lower today. As of noon trading, HDFC Bank is down $0.32 (-0.8%) to $42.53 on heavy volume Thus far, 464,452 shares of HDFC Bank exchanged hands as compared to its average daily volume of 572,400 shares. The stock has ranged in price between $42.20-$42.69 after having opened the day at $42.40 as compared to the previous trading day's close of $42.85. HDFC Bank Limited, together with its subsidiaries, provides retail banking, wholesale banking, treasury, and other financial services to individual and business customers in India. HDFC Bank has a market cap of $31.5 billion and is part of the financial sector. The company has a P/E ratio of 32.7, above the S&P 500 P/E ratio of 17.7. Shares are up 53.2% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates HDFC Bank a buy, no analysts rate it a sell, and none rate it a hold.TheStreet Ratings rates HDFC Bank as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, growth in earnings per share, increase in net income and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full HDFC Bank Ratings Report now.EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass
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