Girish Pai overweight on private sector banks

Girish Pai, director of Claritas Research told CNBC-TV18, "Within bank I would be overweight on private sector banks. I would probably put a little bit of State Bank of India (SBI) or maybe Bank of Baroda (BoB) for it to be spiced up, but largely it is going to be private sector banks."

On January 9, 2014 HDFC Bank closed at Rs 663.05, down Rs 1.60, or 0.24 percent.

The share touched its 52-week high Rs 727 and 52-week low Rs 528 on 30 May, 2013 and 28 August, 2013, respectively.

The company's trailing 12-month (TTM) EPS was at Rs 31.63 per share. (Sep, 2013). The stock's price-to-earnings (P/E) ratio was 20.96. The latest book value of the company is Rs 151.25 per share. At current value, the price-to-book value of the company was 4.38. The dividend yield of the company was 0.83 percent.