2. As of noon trading, HDFC Bank ( HDB) is up $1.16 (2.4%) to $48.62 on average volume. Thus far, 624,708 shares of HDFC Bank exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $47.91-$48.75 after having opened the day at $48.16 as compared to the previous trading day's close of $47.47.

HDFC Bank Limited, together with its subsidiaries, provides a range of banking and financial services to individuals and businesses in India, as well as in Bahrain and Hong Kong. The company operates in four segments: Retail Banking, Wholesale Banking, Treasury, and Other Banking Operations. HDFC Bank has a market cap of $37.7 billion and is part of the financial sector. Shares are up 37.8% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts who rate HDFC Bank a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates HDFC Bank as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, notable return on equity and increase in stock price during the past year. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. Get the full HDFC Bank Ratings Report now.

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