17% Stock Price CAGR for the past 10 years is what HDFC Bank have returned to it’s shareholders.
21% Profit CAGR for the past 10 years.
1 day of -9% corrections and people start questioning the future of the bank. Some people go to heights to say it’s over for HDFC Bank.
That’s how fragile it can get sometimes in stock market.
Price changes perception.
