HDB mentioned in Barron's this week Tweet18 Dec 2017
Positive mention of HDFC bank by the portfolio manager of Fidelity International Capital Appreciation fund in this week’s Barrons -
That includes Housing Development Finance Corp. (HDFC.India), a leading lender in India, where mortgage penetration is still very low, roughly half of what it is in other Asian markets. The stock’s market cap and net income have tripled since Simnegar first bought shares in 2008. Yet, with only a few companies in India positioned to fulfill the growing demand for home loans, there’s a tremendous runway for growth.