HDFC Bank Ltd Analyst Rating
based on 40 analysts
82.50%
Buy
17.50%
Hold
0.00%
Sell
Based on 40 analysts offering long term price targets for HDFC Bank Ltd. An average target of ₹1932.98
Source: S&P Global Market Intelligence
HDFC Bank Ltd Share analysis
HDFC Bank Ltd price forecast by 40 analysts
Upside of10.95%
High
₹2550
Target
₹1932.98
Low
₹1545
HDFC Bank Ltd target price ₹1932.98, a slight upside of 10.95% compared to current price of ₹1741.2. According to 40 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
HDFC Bank Ltd revenue growth forecast
Expected growth rate Q1, FY2026:0
Forecast
Actual
Including amortisation and stock based compensations
HDFC Bank Ltd EPS growth forecast
EPS estimate Q1, FY2026:20.10%
Forecast
Actual
Source: S&P Global Market Intelligence
HDFC Bank Ltd Performance
Day's Low
Day's High
₹1,734.2₹1,75952 Week's Low
52 Week's High
₹1,363.55₹1,794
| Returns % | |
| 1 Month Return | + 0.78 % |
| 3 Month Return | + 7.16 % |
| 1 Year Return | + 14.78 % |
| Market Stats | |
| Previous Close | ₹1,742.25 |
| Open | ₹1,741.60 |
| Volume | 2.55Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹13,31,590.25Cr |
HDFC Bank Ltd Key Statistics
| P/E Ratio | 19.14 |
| PEG Ratio | 15.19 |
| Market Cap | ₹13,31,590.25 Cr |
| P/B Ratio | 2.5 |
| EPS | 86.15 |
| Dividend Yield | 1.35 |
| Sector | Banks |
| ROE | 16.88 |
HDFC Bank Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹13,31,590.25 Cr | 7.15% | NA | ₹64,062 Cr | ₹4,07,994 Cr | |
| BUY | ₹77,914.89 Cr | -6.17% | NA | ₹8,977 Cr | ₹55,143 Cr | |
| BUY | ₹27,001.49 Cr | -13.72% | NA | NA | NA | |
| BUY | ₹8,81,260.75 Cr | 30.14% | NA | ₹44,256 Cr | ₹2,36,037 Cr | |
| BUY | ₹3,50,854.03 Cr | 10.76% | NA | ₹26,386 Cr | ₹1,37,989 Cr |
HDFC Bank Ltd Mutual Fund Holdings
About HDFC Bank Ltd
HDFC Bank's popular brands include HDFC Bank SmartUp, HDFC Bank InstaBanking, HDFC Bank PayZapp, HDFC Bank EasyEMI, HDFC Bank MoneyBack Credit Card and HDFC Bank Diners Card. The bank also has a range of digital banking services such as HDFC Bank Mobile Banking, HDFC Bank Net Banking, HDFC Bank Phone Banking and HDFC Bank UPI. A notable fact about HDFC Bank is that it was the first Indian bank to launch an IPO in 1995, which was oversubscribed 55 times. Another interesting fact is that HDFC Bank is the largest credit card issuer in India.
The parent company, Housing Development Finance Corporation, is a prominent player in India's housing finance sector. In a significant merger and acquisition (M&A) move, HDFC Ltd. and HDFC Bank announced a merger in 2022, aimed at creating a financial giant by combining their strengths in housing finance and banking. This merger is expected to enhance the bank's product offerings and expand its customer base.
Share Price: ₹1741.20 per share as on 21 Nov, 2024 03:29 PM
Market Capitalisation: ₹13,31,590.25Cr as of today
Revenue: ₹1,21,456.74Cr as on September 2024 (Q3 24)
Net Profit: ₹17,825.91Cr as on September 2024 (Q3 24)
Listing date: 14 Jun, 1995
Chairperson Name: Atanu Chakraborty
| Organisation | HDFC Bank Ltd |
| Headquarters | Mumbai |
| Industry | Banks |
| E-voting on shares | Click here to vote |
Key events for HDFC Bank Ltd
HDFC Bank Expected to Outperform After Strong Performance - 21 Nov, 2024
HDFC Bank has shown strong performance over the last few quarters, meeting or exceeding analyst expectations. Analysts express confidence in the bank's potential to outperform in the near future.
HDFC Bank Positioned for Potential Breakout - 20 Nov, 2024
HDFC Bank demonstrates strong relative strength against the market. A breakout above Rs 1,790 is anticipated to enhance its performance significantly.
HDFC Bank Shares Surge, Market Cap Increases Significantly - 19 Nov, 2024
HDFC Bank's shares rose by 2.08%, boosting its market capitalization by Rs 27,000 crore to Rs 13,30,290.95 crore, reflecting strong performance in the banking sector.
HDFC Bank Strengthens Leadership and Offers Competitive FD Rates - 18 Nov, 2024
HDFC Bank appointed Santhosh Iyengar Keshavan as an Independent Director, enhancing leadership and investor confidence, while also offering competitive fixed deposit rates up to 7.90%.
HDFC Bank Influences Market Before Reversal - 15 Nov, 2024
HDFC Bank initially boosted market sentiment alongside Reliance and IT stocks, but both Sensex and Nifty later declined due to global pressures and foreign investor selling.
HDFC Bank Launches Initiatives Amid Market Growth - 14 Nov, 2024
HDFC Bank has been active with various initiatives, including a campaign for student empowerment, a focus on cybersecurity, and a rise in market capitalization. The bank also moderates credit growth while maintaining its status as a Domestic Systemically Important Bank. Predictions for inflation and competitive FD rates further highlight its strategic positioning.
HDFC Bank Maintains D-SIB Status, Target Price Set - 13 Nov, 2024
HDFC Bank remains a Domestic Systemically Important Bank with increased capital requirements. Analysts suggest a target price of Rs 1950 in the coming months, highlighting the bank's resilience amid sector consolidation.
HDFC Bank Faces Market Cap Decline Amid Asset Sales - 12 Nov, 2024
On November 12, 2024, HDFC Bank announced plans to divest real estate assets worth up to ₹3,000 crore. Later, the bank's market cap fell by Rs 32,814 crore due to a 2.43% drop in stock price.
HDFC Bank's Strategic Moves and Market Recognition - 11 Nov, 2024
HDFC Bank is poised for potential growth as it is included in MSCI World Indices. Analysts recommend buying the stock, despite plans for slower loan growth to manage credit-deposit ratios.
HDFC Bank Reports Growth and Weekly Gains - 09 Nov, 2024
HDFC Bank's Q2 results show a net interest margin of 3.65% and a 5.3% profit increase. The stock gained 1.25% this week, closing at ₹1,751.90.
HDFC Bank Faces Challenges Amid Merger Impact - 08 Nov, 2024
HDFC Bank's stock has underperformed the Nifty index due to challenges following its merger announcement. The bank's growth and profitability have been affected.
HDFC Bank Adjusts MCLR, MSCI Weightage Increases - 07 Nov, 2024
HDFC Bank will see an increase in its MSCI Index weightage, leading to potential inflows of $1.88 billion. Additionally, the bank raised its MCLR by 5 basis points on select tenures, effective November 7, 2024.
HDFC Bank Faces Nifty Drop, Maintains Positive Outlook - 05 Nov, 2024
HDFC Bank faced pressure contributing to Nifty's decline but received a Buy rating from Citi with a target of Rs 1,990. The stock shows bullish momentum, trading above key moving averages, suggesting potential upside.
HDFC Bank Faces Market Decline Amid New Developments - 04 Nov, 2024
HDFC Bank's market cap fell to ₹13.16 lakh crore as shares dropped 0.66%. The bank plans slower loan growth and announced UPI service downtimes. Additionally, HDFC Bank acquired 3,00,000 shares of an FMCG company.
HDFC Bank Announces UPI Service Downtime in November - 03 Nov, 2024
HDFC Bank will suspend UPI services for system maintenance on November 5 from 12 AM to 2 AM and November 23 from 12 AM to 3 AM, affecting various transactions.
HDFC Bank Schedules UPI Downtime for Maintenance - 02 Nov, 2024
HDFC Bank has notified customers about UPI service unavailability on November 5 and 23, 2024, due to essential system maintenance. Customers are advised to plan transactions accordingly.
HDFC Bank's Strong Performance and Future Prospects - 01 Nov, 2024
HDFC Bank is focusing on wellness programs, planning a significant IPO for HDB Financial, and receiving positive ratings from brokerages. The bank shows strong financials and potential for market leadership.
HDFC Bank Faces Credit Growth Slowdown Post-Merger - 31 Oct, 2024
HDFC Bank's liquidity coverage ratio rose to 128%. HDB Financial Services plans a ₹12,500 crore IPO. However, credit growth slowed to 14.4% YoY, raising concerns post-merger with HDFC Ltd.
Citigroup Offloads Shares of HDFC Bank - 29 Oct, 2024
Citigroup sold 1,579,953 shares of HDFC Bank worth ₹275 crore through an open market transaction at an average price of ₹1,742.60 each.
HDFC Bank Faces Stake Sale Amid Profit Growth - 28 Oct, 2024
HDFC Bank advises customers on digital fraud protection while Citigroup sells a stake worth Rs 275 crore, leading to a slight stock decline. The bank also reports a 6% rise in net profit for the September quarter, surpassing expectations.
Insights on HDFC Bank Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 2 quarters, 1.16L Cr → 1.21L Cr (in ₹), with an average increase of 3.7% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 40.79% to 41.54% in Sep 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, HDFCBANK stock has moved up by 2.9%
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 16.47K Cr → 17.82K Cr (in ₹), with an average increase of 7.6% per quarter
NO EFFECTAgainst Peers
In the last 3 years, ICICI Bank Ltd has given 66.1% return, outperforming this stock by 51.1%
- NO EFFECT
Against Peers
In the last 1 year, State Bank of India has given 43.0% return, outperforming this stock by 28.2%
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 21.48% to 21.22% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 15.00% to 14.42% in Sep 2024 quarter
News
Market bottom not yet formed; betting on HDFC Bank to outperform: Nischal Maheshwari
Market expert Nischal Maheshwari believes HDFC Bank is poised to outperform after a period of underperformance. He notes the bank's strong recent performance and expects it to surpass ICICI Bank as a21 Nov, 2024 08:11 AMStocks of Adani Group's lenders suffer sharp decline amid $250-million bribery allegations
As per Adani Enterprises’ annual report for FY24, its key lenders include State Bank of India, ICICI Bank, Axis Bank, Yes Bank, IndusInd Bank, IDFC First Bank, Bank of India, RBL Bank, Central Bank of21 Nov, 2024 10:42 AMStocks of PSU banks with Rs 39,380 crore exposure to Adani group nosedive
Adani Bribery News: SBI shares have fallen more than five per cent today, BoB stock dropped by eight per cent while PNB shares plunged around five per cent today. Axis Bank, HDFC Bank and ICICI Bank s21 Nov, 2024 12:09 PMHDFC Bank Ltd Financials
Index Inclusions
HDFC Bank Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 0% | 0.00 | |
| Foreign Institutions | 41.54% | 1.84 | |
| Mutual Funds | 21.22% | ||
| Retail Investors | 14.42% | ||
| Others | 22.81% | 0.37 |
HDFC Bank Ltd Key Indicators
HDFC Bank Ltd Valuation
HDFC Bank Ltd in the last 5 years
Lowest (15.43x)
February 14, 2024
Industry (15.21x)
November 19, 2024
Today (19.14x)
November 19, 2024
Highest (33.49x)
September 23, 2019
HDFC Bank Ltd Earnings and Dividends
HDFC Bank Ltd Earnings Results
HDFC Bank Ltd’s net profit jumped 6.03% since last year same period to ₹17,825.91Cr in the Q2 2024-2025. On a quarterly growth basis, HDFC Bank Ltd has generated 8.2% jump in its net profits since last 3-months.
Read More about Earnings ResultsHDFC Bank Ltd Dividends April,2024
In the quarter ending March 2024, HDFC Bank Ltd has declared dividend of ₹19.50 - translating a dividend yield of 1.12%.
Read More about Dividends
HDFC Bank Ltd Technicals Summary
Bearish
Neutral
Bullish
HDFC Bank Ltd is currently in a Bullish trading position according to technical analysis indicators.
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HDFC Bank Ltd (HDFCBANK) share price today is ₹1741.2
HDFC Bank Ltd is listed on NSE
HDFC Bank Ltd is listed on BSE
- Today’s highest price of HDFC Bank Ltd is ₹1759.
- Today’s lowest price of HDFC Bank Ltd is ₹1734.2.
PE Ratio of HDFC Bank Ltd is 19.14
PE ratio = HDFC Bank Ltd Market price per share / HDFC Bank Ltd Earnings per share
Today’s traded volume of HDFC Bank Ltd(HDFCBANK) is 2.55Cr.
Today’s market capitalisation of HDFC Bank Ltd(HDFCBANK) is ₹1331590.25Cr.
| HDFC Bank Ltd(HDFCBANK | Price |
|---|---|
52 Week High | ₹1794 |
52 Week Low | ₹1363.55 |
HDFC Bank Ltd(HDFCBANK) share price is ₹1741.2. It is down -2.94% from its 52 Week High price of ₹1794
HDFC Bank Ltd(HDFCBANK) share price is ₹1741.2. It is up 27.70% from its 52 Week Low price of ₹1363.55
| HDFC Bank Ltd(HDFCBANK | Returns |
|---|---|
1 Day Returns | -1.05% |
1 Month Returns | 0.78% |
3 Month Returns | 7.16% |
1 Year Returns | 14.78% |