₹1519.6
0.82%
Low
Day's Volatility:2.20%
High
1.38%
10.27%
Low
52 Weeks Volatility:25.92%
High
15.66%
Returns % | |
1 Month Return | 3.37 % |
3 Month Return | 6.05 % |
1 Year Return | -9.5 % |
Market Stats | |
Previous Close | ₹1,532.25 |
Open | ₹1,533.25 |
Volume | 1.59Cr |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹11,64,036.64Cr |
based on 41 analysts
Based on 41 analysts offering long term price targets for HDFC Bank Ltd. An average target of ₹1872.2
Source: S&P Global Market Intelligence
Organisation | HDFC Bank Ltd |
Headquarters | Mumbai |
Industry | Banks |
E-voting on shares | Click here to vote |
Key events for HDFC Bank Ltd
The Reserve Bank of India has approved the reappointment of Atanu Chakraborty as part-time chairman of HDFC Bank for a period of three years. The bank also faced restrictions on its digital products and credit cards, leading to a decline in its valuation.
Mixed News for HDFC Bank - 02 May, 2024
HDFC Bank reports a decline in NIM, while SMC Global Securities advises investors to monitor its performance. The bank also faced restrictions on sourcing new credit card customers in 2020.
HDFC Bank's Total Income Grows by 117.62% in Q4FY24 - 01 May, 2024
HDFC Bank's total income grew by 117.62% from Rs. 57,158.84 Crores to Rs. 1,24,391.35 Crores in Q4FY24, accompanied by profits of Rs. 12,594.47 Crores to Rs. 17,622.38 Crores. The bank also constitutes 8.06% of Net Assets in the core equity of Parag Parikh Flexi Cap Fund.
HDFC Bank's Market Cap Gap with ICICI Bank Reduced to 41% - 30 Apr, 2024
After HDFC and HDFC Bank's merger, the bank's market cap was 82% higher than ICICI Bank. However, on Monday, this gap reduced to 41%, with HDFC valued at ₹11.49 lakh crore and ICICI Bank at ₹8.14 lakh crore. Analysts expect ICICI shares outperformance to continue in the near term though HDFCs valuations have turned cheaper.
Mixed Bag of News for HDFC Bank Ltd - 29 Apr, 2024
HDFC Bank reported a slight increase in net profit for Q4 FY24 while providing funding for a solar project. The bank was also rated as a BUY by HDFC Institutional Equities. However, valuations have trailed small-cap banks, and higher interest outgo has contracted NIMs YoY.
HDFC Bank Loses Key Figure and Sees Investment from Vanguard Fund Group - 28 Apr, 2024
Abhay Aima, a key figure in shaping HDFC Bank's growth, passed away suddenly at the age of 63. Meanwhile, Vanguard Fund group acquired a 1.17% stake in the bank as of March 2024.
HDFC Bank Launches New Campaigns and Extends Special FD Scheme Deadline - 27 Apr, 2024
HDFC Bank has extended its Senior Citizen Care Fixed Deposit scheme deadline and launched the Vigil Aunty Campaign. Paytm is also integrating with HDFC Bank along with other banks after NPCI's approval of OCL as a TPAP.
HDFC Bank Faces Regulatory Hurdles but Invests in Real Estate - 25 Apr, 2024
HDFC Bank faced regulatory hurdles such as suspension from onboarding new credit card customers and restrictions on digital launches, while also investing in real estate through its subsidiary HDFC Capital.
HDFC Bank Reports Strong Q4 Results and Credit Card Usage Rises - 24 Apr, 2024
HDFC Bank reports a surge in Q4FY24 net profit despite higher provisions and an increase in the use of its credit cards. Additionally, HDFC Capital Advisors has provided funding for a joint housing project platform.
Mixed Sentiments Surround HDFC Bank - 23 Apr, 2024
HDFC Bank is facing mixed sentiments as MUFG considers enhancing its $1.7 billion bid for the bank's consumer lending division while ICICI Securities recommends buying the stock. The bank reported in-line earnings but concerns remain regarding falling net interest margins. Shares have rebounded 12% from their 52-week low and are trading higher than some moving averages. BNP Paribas has a target price of Rs 2410, YES Securities has a target price of Rs 1850, and LKP Securities has assigned a price target of Rs 1756.
Mixed Day for HDFC Bank Shares Despite Bullish Brokerage Stances - 22 Apr, 2024
HDFC Bank reported a strong Q4 with improved deposit growth and margin management, but shares traded lower despite bullish recommendations from multiple brokerages. Motilal Oswal recommends buying with a target price of Rs 1,950.
HDFC Bank Faces Profitability Challenges Amidst Growth - 21 Apr, 2024
HDFC Bank reports lower-than-expected Q4 growth in net profit due to higher provisions. The bank focuses on profitability over growth amidst challenges of higher credit-to-deposit profile and lower core income. HDFC Bank also announces an ex-gratia payment of Rs 1,500 crore to its staff. Additionally, HDFC Bank's non-banking arm HDB Financial explores options for listing, including stake sale; Japan's MUFG may acquire a 20% stake for $2 billion.
HDFC Bank Reports Strong Q4 Results and Plans Fundraising - 20 Apr, 2024
HDFC Bank reports a strong Q4 FY24 with a net profit of Rs 16,511.85 crore, an increase in total income, and approval for fundraising of Rs 60,000 crore. The bank also announced a special dividend of Rs 19.5 per equity share.
HDFC Bank Expected to Report Strong Q4 Results Despite Low Loan Growth - 19 Apr, 2024
HDFC Bank is expected to report strong Q4 results with decent growth in net profit led by treasury income and stake sale in HDFC Credila. However, the bank may have to contend with low single-digit revenue growth due to focus on mobilising deposits rather than aggressively going after loan growth. Shares rose over 2.5% ahead of earnings announcement. Analysts are closely monitoring asset quality.
HDFC Bank Shares Rise Ahead of Quarterly Results Announcement - 18 Apr, 2024
HDFC Bank's board is set to convene on April 20th to approve the financial results for the quarter ending March 2024. Technical analysts have positioned the stock positively, while CLSA has maintained an outperform rating with a target price of Rs 1650. The bank also plans to renew its issuance of long-term bonds through private placement mode.
HDFC Bank Board May Renew Issuance of Bonds - 17 Apr, 2024
HDFC Bank has revised its NEFT transaction charges while the bank's board is set to consider renewing the issuance of long-term bonds and capital bonds.
Jefferies Retains Buy Rating on HDFC Bank; Target Price at Rs 1,800 - 16 Apr, 2024
Jefferies has maintained its buy rating on HDFC Bank with a target price of Rs 1,800 per share, indicating an upside of 20%. The bank's Q4 FY24 financial results are expected to be released on April 20. Foreign investors have trimmed their stake in HDFC Bank during the Jan-Mar quarter.
HDFC Bank Faces Pressure Ahead of Quarterly Earnings Announcement - 15 Apr, 2024
HDFC Bank faces pressure as MSCI doubles its weight in indices, analysts predict strong Q4 FY24 performance, while some schemes experience delays in liquidating portfolios.
HDFC Bank Set to Announce Q4FY24 Results Next Week - 14 Apr, 2024
HDFC Bank is set to release its Q4FY24 results next week, with an increase in Net Interest Income (NII) and net profits reported during the previous quarter.
MUFG in Talks to Buy Stake in HDFC Subsidiary; HDFC Bank Opens Branch in Lakshadweep - 13 Apr, 2024
Mitsubishi UFJ Financial Group is in advanced negotiations to acquire a 20% stake in HDFC Bank's non-banking subsidiary, HDB Financial Services, while HDFC Bank has opened a new branch in Lakshadweep. The proposed deal will be worth $2 billion and unlock value for HDFC Bank. The establishment of the branch signifies HDFC Bank's readiness to cater to the financial requirements of individuals, families, and businesses in Lakshadweep.
Fundamentals of HDFC Bank Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Profit Spike
Netprofit is up for the last 4 quarters, 12.37K Cr → 17.62K Cr (in ₹), with an average increase of 10.4% per quarter
MF Holding Up
Mutual Funds have increased holdings from 16.81% to 20.03% in Mar 2024 quarter
Retail Holding Up
Retail Investor have increased holdings from 14.60% to 16.06% in Mar 2024 quarter
Revenue Rich
Revenue is up for the last 12 quarters, 38.93K Cr → 1.24L Cr (in ₹), with an average increase of 9.1% per quarter
Against Peers
In the last 3 years, State Bank of India has given 136.8% return, outperforming this stock by 128.4%
Against Peers
In the last 1 year, State Bank of India has given 45.5% return, outperforming this stock by 55.0%
FII Holding Down
Foreign Institutions have decreased holdings from 45.22% to 41.36% in Mar 2024 quarter
Price Dip
In the last 1 year, HDFCBANK stock has moved down by -9.5%
HDFC Bank Ltd in the last 5 years
Lowest (15.43x)
February 14, 2024
Today (16.96x)
May 2, 2024
Industry (21.54x)
May 2, 2024
Highest (33.49x)
September 23, 2019
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 0% | 0.00 | |
Foreign Institutions | 41.36% | 0.00 | |
Mutual Funds | 20.03% | 0.00 | |
Retail Investors | 16.05% | 0.00 | |
Others | 22.55% | 0.00 |
Technicals of HDFC Bank Ltd share
News & Events of HDFC Bank Ltd
News
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03 May, 2024 03:51 PMHDFC Bank Ltd (HDFCBANK) share price today is ₹1519.6
HDFC Bank Ltd is listed on NSE
HDFC Bank Ltd is listed on BSE
PE Ratio of HDFC Bank Ltd is 16.96
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 1.59Cr.
Today’s market capitalisation of HDFC Bank Ltd(HDFCBANK) is ₹1164036.64Cr.
HDFC Bank Ltd(HDFCBANK | Price |
---|---|
52 Week High | ₹1757.5 |
52 Week Low | ₹1363.55 |
HDFC Bank Ltd(HDFCBANK) share price is ₹1519.6. It is down -13.54% from its 52 Week High price of ₹1757.5
HDFC Bank Ltd(HDFCBANK) share price is ₹1519.6. It is up 11.44% from its 52 Week Low price of ₹1363.55
HDFC Bank Ltd(HDFCBANK | Returns |
---|---|
1 Day Returns | -12.65% |
1 Month Returns | 3.37% |
3 Month Returns | 6.05% |
1 Year Returns | -9.5% |