HDFC

It is not only important to buy the right stock but it is equally important to do so at the right time.
Before you decide to invest the company, look carefully at the price history of the stock else you can end up buying the stock when it's price is at the top and selling it at it's bottom. So the next question that arises is - How do you figure that out? Well lets look at the following figures and they should give you a fair idea as to when you should invest in the stock. What has been the stock's performance? Note two key prices while looking at the stock's price history:the 52week high and the 52-week low. They tell the highest and lowest price of the security for the past one year.It's prudent not to buy the stock if its current price is around the 52-week high and not to sell it if the price is around the 52-week low. The current price of the stocks should lie between these two values.This latter price level is also called the support level because it is commonly believed to be the 'support' level below which the stock's price won't fall.But if it does,watch out, it can become worse. Current price (25-Jan-2006) is 718.60 52 week high 767.65 52 week low(Support level) 519.00
Is the stock well supported? Investors also look out for the average price of a stock.Average give a good picture of the price trend minus fluctuations.A moving average of a stock is the average price of a stock over the past few days or months.Moving average prices,one for a short period and another for a long period,set the resistance levels for a stock.The first resistance level is the average price of the stock over a short period,say for the past 50 days.The second level is the average for a longer period,say for the past 200 days.The commonplace idea is that resistance level resist the stock or the market from going up for a time being. If current price falls below the first resistance level then the stock price is more likely to climb to the level of the first resistance level in a short period but would generally settle at the second resistance level in the long run.The opposite would be true if the current price is greater than the resistance level.
If the first level is lower than the second level, it's a good time to buy.If it is higher,it's wise not to buy now. First Resistance level (50 days MA) 712.07 Second Resistance Level (200 day MA) 642.96
If the current stock price is the same as the 52 week high above then obviously you should avoid buying the share at that price unless ofcourse you have insider information!!! The stock price ideally should increase steadily and positively . It should not fluctuate to a huge extend. A good stock should out perform the industry. Generally you should attempt to hold the market's topperforming securities -- those that have done better over the past year than the majority of stocks
HDFC Bank was incorporated in August 1994 and began operations as a scheduled commercial bank in January 1995. The bank is promoted by the Housing Development Finance Corporation, Indias leading housing finance company. The authorised share capital of the bank is Rs. 450 crore and paid up share capital is Rs. 281.2 crore. The HDFC Group holds 24.5% of the bank`s equity. The Indian Private Equity Fund, Mauritius (IPEF) and Indocean Financial Holdings Ltd., Mauritius (IFHL) (both funds advised by J P Morgan Partners, formerly Chase Capital Partners) together hold about 11.6 per cent of the banks equity. Aggregate holding by FIIs, NRIs/OCBs is together is estimated at around 18 per cent. The bank`s American Depository Shares listed on the New York Stock Exchange account for around 13.3 per cent of the equity. The debit card base is at six lakh. On the advances side, car loans have really picked up and now form almost 50 per cent of the total retail advances, with the remaining being accounted for by loan against securities and other loans. In fact in case of car loans, the bank now covers around 30 cities against just eight to nine cities a year back. HDFC Bank was the first bank in India to launch an International Debit Card in association with VISA (VISA Electron) and issues the Mastercard Maestro debit card as well. HDFC Bank launched the HDFC Bank International Credit Card in January `02. The card which also offers balance transfer facility is on Visa International Loop.
Bank provides a wide range of banking services to the corporate, including working capital finance, trade services, transactional services, cash management, etc. At present, the bank handles Rs 1 lakh crore as part of its cash management service. HDFC Banks programme for Certificates of Deposits (CD) has been rated by the Indian rating agency Credit Analysis & Research Ltd. (CARE). The CDs are rated PR 1+ which is the highest rating for short term instruments indicating superior capacity for repayment. Brief Financials ( in Rs mn ) Profit / Loss A/C As on Months Interest Income Interest Expenditure Non Fund based Income OPBDT PAT NPA (%) Peer Group Comparision Bank Name SBI ICICI BANK PUNJAB NATIONAL B CAN BANK BK OF BARODA Rs mn 31-Dec-2005 3 11798.10 5092.00 -5176.20 2244.00 -Rs mn 31-Mar-2005 12 30934.90 13155.60 6373.60 11236.60 6655.60 0.24 Rs. mn 31-Mar-2004 12 25489.30 12110.50 4909.40 6352.20 5095.00 0.16
Interest Income 324280.02 94098.94 84598.51 75719.69 64314.18
Rank 1 2 3 4 5
PAT 43045.17 20052.02 14101.20 11095.05 6768.40
Rank 1 2 3 4 5
Method 1 a. Average price of the share (last one year) 628.01 b. Standard Deviation 65.55 c. Low price for the year(Average - SD) 562.46 d. High Price for the year(Average + SD) 693.56 e. Percentage Growth Rate (Annual increase in book value over last 2 years) -100.00
Market Capitalization ( Rs cr ) 22,433.25 Book Value 144.86 Debt / Equity 8.04 P/E 33.71 Dividend Yield % 1.00 EPS 21.32 Return on Net Worth 14.72 Current Ratio 0.25 Quick Ratio 5.61 Interest Cover 2.00

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It is not only important to buy the right stock but it is equally important to do so at the right time.

Interest Income 324280.02 94098.94 84598.51 75719.69 64314.18

PAT 43045.17 20052.02 14101.20 11095.05 6768.40

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