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HDFC ADR rises 7% on higher advances growth in Q4; Here are all other details

HDFC ADR rises 7% on higher advances growth in Q4; Here are all other details
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Tapping into India s Growth: 3 ADRs to Own Now

India has one of the fastest growing economies on Earth. U.S. investors can take advantage of the growth with 3 ADRs.

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HDFC Bank s ADR premium plunges below 5%, lowest since June last year

The country s most valuable lender HDFC Bank can perhaps no longer claim to be a favourite of foreign portfolio investors (FPIs). Two data indicators, both somewhat interconnected, point to this - the diminishing premium of HDFC Bank s American depositary receipts (ADRs) compared to local shares, and the ample investment opportunities available to FPIs in the domestic market. The ADR premium has shrunk to below 5 per cent, down from over 30 per cent in March 2021, and even lower than recent levels.

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