10 Best Indian Stocks to Buy According to Billionaires

Page 9 of 9

1. HDFC Bank Limited (NYSE:HDB)

Number of Billionaires: 14

Billionaire Holdings: $1,156,462,828

HDFC Bank Limited (NYSE:HDB) provides banking and financial services to individuals and companies in India, Bahrain, Dubai, Hong Kong, and Singapore. The company’s offerings include retail banking, wholesale banking, asset management, insurance, stockbroking, treasury operations, and other financial services.

On January 21, HDFC Bank Limited (NYSE:HDB) declared financial results for the quarter that ended December 31, 2024. Net consolidated revenue was posted at ₹652.8 billion, with consolidated profit after tax of ₹176.6 billion. Earnings per share for the quarter were logged at ₹23.1. The bank’s average deposits grew 15.9% year-over-year to reach ₹24,528 billion at the end of the quarter.

In March, HDFC Bank Limited (NYSE:HDB) signed an MoU with India’s Air Force and the CSC Academy to launch Project HAKK, a program to support defense veterans and their families. The bank will initially set up 25 centers across Air Force units to provide financial training, pension assistance, and banking services.

HDFC Bank Limited (NYSE:HDB) is one of the best Indian stocks to buy, with returns of over 5% so far in 2025. Shares were up by 3.96% over the past week in the run-up to the board meeting on April 19 to approve financial results for the quarter that ended March 31.

Overall, HDFC Bank Limited (NYSE:HDB) ranks first among the 10 Best Indian Stocks to Buy According to Billionaires. While we acknowledge the potential of HDB, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than HDB but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 9 of 9