We are only conducting Seminars to make Professional Traders. Join Now for Hyderabad and Chennai Seminar. The material published on the blog is of general and educational information only and is not suitable for trading purpose.

Which is Better HDFC or ICICI Bank?

It is worth mentioning here that if you ever want to get into banking sector then always consider to go for HDFC bank as it is at least two times better than ICICI bank in terms of market perception and is consider two-and-a-half times better than SBI. Have a look at the below paragraph which shows the actual perceived value of HDFC Bank by the market.

At current quoted prices as in Feb 2014; the HDFC Bank is valued at a price-to-book value ratio of 4.29 against ICICI Bank’s 1.67. This means the market values HDFC Bank two-and-a-half times as much as the biggest private sector bank.

Seeing this post one need not jump in the market to buy this stock as in short term to medium term we may see HDFC value declining due to entry of more number of banks and stiff competition. However one can add this stock to their portfolio as a systematic plan. To be honest we are also very impressed with the working culture of HDFC bank as compared to ICICI bank as ICICI bank is trying to get the ounce of every blood out from their employees and same goes for their marketing efforts with the launch of tab banking. It is worthwhile to mention here that HDFC as a whole of the group is doing well as its insurance arm HDFC standard has also emerged as the best insurance provider in India.

About the Author

The author tracks Indian stock market and provides daily one intraday tip which performs every day and provides short term stocks which appreciate 10-15% in a matter of 8 odd days.

Most Visited Stocks - Click to Visit Link

 
We Teach and Train our Readers as we want to make sure that Readers become thorough professionals. We do not provide any stock tips. Please do not make any payments. Your joining or reading content is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9