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NEW YORK ( TheStreet) -- HDFC Bank (NYSE: HDB) hit a new 52-week low Monday as it is currently trading at $36.45, below its previous 52-week low of $138.93 with 30,056 shares traded as of 9:41 a.m. ET. Average volume has been 202,500 shares over the past 30 days. HDFC has a market cap of $137.6 billion and is part of the financial sector and banking industry. Shares are up 8.4% year to date as of the close of trading on Friday. HDFC Bank Limited provides banking and financial services to individuals and businesses in India. The company offers savings, current, and demat accounts, as well as accepts fixed and recurring deposits. The company has a P/E ratio of 47.9, below the average banking industry P/E ratio of 61.5 and above the S&P 500 P/E ratio of 17.7.