5 Best Companies to Invest in India for Beginners

3. HDFC Bank Limited (NYSE:HDB)

Market Capitalization as of December 5, 2022: $126 billion

HDFC Bank Limited (NYSE:HDB) is one of the largest Indian banks that has thousands of branches and even more banking outlets. It provides several accounts such as salary, current, pension, and savings accounts.

HDFC Bank Limited (NYSE:HDB) earned $21 billion in revenue in 2022 which translated into $4.8 billion of net income. It operates in 3,203 cities as of June 2022.

36 out of the 920 hedge funds polled by Insider Monkey for their September quarter of 2022 investments had held a stake in HDFC Bank Limited (NYSE:HDB).

Rajiv Jain’s GQG Partners is HDFC Bank Limited (NYSE:HDB)’s largest hedge fund shareholder through a $1.1 billion stake that comes via 19 million shares.