🔔 Rating Alert
JPMorgan maintains a Neutral rating on HDFC Bank with a target price of Rs 1,750, citing growth constraints despite its safe haven status.
HDFC Bank Ltd Analyst Rating
based on 39 analysts
82.05%
Buy
17.95%
Hold
0.00%
Sell
Based on 39 analysts offering long term price targets for HDFC Bank Ltd. An average target of ₹1946.49
Source: S&P Global Market Intelligence
HDFC Bank Ltd Share analysis
HDFC Bank Ltd price forecast by 39 analysts
Upside of4.64%
High
₹2550
Target
₹1946.49
Low
₹1554
HDFC Bank Ltd target price ₹1946.49, a slight upside of 4.64% compared to current price of ₹1865.75. According to 39 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, FY2026:19.87%
Forecast
Actual
Source: S&P Global Market Intelligence
HDFC Bank Ltd Performance
Day's Low
Day's High
₹1,835.2₹1,879.9552 Week's Low
52 Week's High
₹1,363.55₹1,879.95
| Returns % | |
| 1 Month Return | + 5.82 % |
| 3 Month Return | + 13.05 % |
| 1 Year Return | + 14.56 % |
| Market Stats | |
| Previous Close | ₹1,860.10 |
| Open | ₹1,860.00 |
| Volume | 1.98Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹14,22,022.44Cr |
HDFC Bank Ltd Key Statistics
| P/E Ratio | 20.44 |
| PEG Ratio | 16.22 |
| Market Cap | ₹14,22,022.44 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 | ₹14,22,022.44 Cr | 9.87% | NA | ₹64,062 Cr | ₹4,07,994 Cr | |
| BUY | ₹77,812.36 Cr | -6.77% | NA | ₹8,977 Cr | ₹55,143 Cr | |
| BUY | ₹28,683.34 Cr | -13.83% | NA | NA | NA | |
| BUY | ₹9,28,680.94 Cr | 29.84% | NA | ₹44,256 Cr | ₹2,36,037 Cr | |
| BUY | ₹3,58,793.02 Cr | 11.8% | 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: ₹1865.75 per share as on 05 Dec, 2024 04:01 PM
Market Capitalisation: ₹14,22,022.44Cr 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 |
What's happening today
Today's Timeline - 05 Dec
09:30 AM
-JPMorgan maintains a Neutral rating on HDFC Bank, citing growth constraints despite its safe haven status.
01:17 PM
-HDFC Bank treasury head predicts no RBI rate cut before February, citing early GDP recovery signs.
02:28 PM
-MSCI raised HDFC Bank's weightage, potentially triggering foreign inflows into the financial sector.
Today's Timeline - 05 Dec
02:41 PM
-HDFC Bank reports revenue of Rs 74,016 crore and net profit of Rs 16,820.97 crore for the quarter.
Key events for HDFC Bank Ltd
HDFC Bank Faces Caution Amid Growth Concerns - 05 Dec, 2024
JPMorgan maintains a Neutral rating on HDFC Bank, highlighting growth challenges. The bank's treasury head anticipates no RBI rate cuts until February. MSCI's index adjustment may boost foreign inflows, while the bank reports solid quarterly revenue and profit figures.HDFC Bank Hits Record High Amid Positive Sentiment - 04 Dec, 2024
HDFC Bank's stock reached a record high of ₹1,865, driven by strong market performance, MSCI rebalancing, and diminishing FII selling. Analysts predict further gains, potentially crossing ₹2,000 soon.HDFC Bank Shares Surge After Block Deal and Optimism - 03 Dec, 2024
HDFC Bank shares rose 2% after a significant block deal, reaching a record high of ₹1,837.40. The CEO expressed optimism about future growth and merger synergies.HDFC Bank Reports Strong Q2FY25 Performance - 02 Dec, 2024
HDFC Bank's Q2FY25 results show a net revenue of ₹76,040 crore and PAT of ₹17,830 crore. Analysts maintain a positive outlook, targeting ₹2,156/share, while the bank benefits from a flight to quality amid NPA concerns in the sector.HDFC Bank Hits 52-Week High Amid Challenges - 30 Nov, 2024
HDFC Bank shares soared to a 52-week high of Rs 1,836.10, showcasing strong investor confidence, despite facing post-merger challenges affecting its asset quality and loan growth.HDFC Bank Faces Market Volatility Amid Gains - 29 Nov, 2024
HDFC Bank's stock faced pressure from market downturns influenced by global trends but saw a slight recovery with a 0.63% rise in intraday trading.HDFC Bank Hits Record High Amid Strong Performance - 28 Nov, 2024
HDFC Bank shares reached an all-time high of ₹1,836.05, with market capitalization surpassing ₹14 lakh crore. The bank reported a 5.3% increase in Q2FY25 net profit, driven by MSCI rebalancing and strategic initiatives. Despite a brief correction, the stock remains on a strong upward trajectory.HDFC Bank Launches Pragati Account, Market Cap Rises - 27 Nov, 2024
HDFC Bank launched the Pragati Savings Account aimed at rural and semi-urban residents, enhancing financial inclusion. The bank's shares rose 1.01%, increasing market cap by ₹18,000 crore.HDFC Bank Hits High Amid MSCI Weightage Boost - 26 Nov, 2024
HDFC Bank shares surged following an increase in MSCI index weightage, attracting significant foreign inflows. The stock reached a 52-week high of ₹1,810, reflecting strong trading activity.HDFC Bank Hits Record High Amid MSCI Inflows - 25 Nov, 2024
On November 25, HDFC Bank shares reached a record high of ₹1,803, driven by MSCI rebalancing inflows. The stock closed at ₹1,778.95, reflecting strong delivery-based buying and significant trading volumes.HDFC Bank Faces Market Cap Drop Amid Securitisation - 22 Nov, 2024
HDFC Bank's shares fell 0.40%, leading to a ₹531 crore market cap decline. Later, the bank securitised new car loans exceeding ₹12,700 crore.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.
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 IMPACTFII Holding Up
Foreign Institutions have increased holdings from 40.79% to 41.54% in Sep 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 1 month, HDFCBANK stock has moved up by 5.8%
- 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
- POSITIVE IMPACT
Revenue 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
NO EFFECTAgainst Peers
In the last 3 years, ICICI Bank Ltd has given 85.5% return, outperforming this stock by 61.8%
- NO EFFECT
Against Peers
In the last 1 year, State Bank of India has given 41.3% return, outperforming this stock by 26.8%
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
HDFC 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 (16.06x)
December 4, 2024
Today (20.44x)
December 4, 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 1.05%.
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 ₹1865.75
HDFC Bank Ltd is listed on NSE
HDFC Bank Ltd is listed on BSE
- Today’s highest price of HDFC Bank Ltd is ₹1879.95.
- Today’s lowest price of HDFC Bank Ltd is ₹1835.2.
PE Ratio of HDFC Bank Ltd is 20.44
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 1.98Cr.
Today’s market capitalisation of HDFC Bank Ltd(HDFCBANK) is ₹1422022.44Cr.
| HDFC Bank Ltd(HDFCBANK | Price |
|---|---|
52 Week High | ₹1879.95 |
52 Week Low | ₹1363.55 |
HDFC Bank Ltd(HDFCBANK) share price is ₹1865.75. It is down -0.76% from its 52 Week High price of ₹1879.95
HDFC Bank Ltd(HDFCBANK) share price is ₹1865.75. It is up 36.83% from its 52 Week Low price of ₹1363.55
| HDFC Bank Ltd(HDFCBANK | Returns |
|---|---|
1 Day Returns | 5.65% |
1 Month Returns | 5.82% |
3 Month Returns | 13.05% |
1 Year Returns | 14.56% |