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Housing Development Finance CorporationLtd(Merged) share price logo

Housing Development Finance CorporationLtd(Merged)

(HDFC)

₹2724.30.84%

as on 04:01PM, 12 Jul 2023

Trading is not allowed on this stock

Trading has been suspended by the exchange due to high volatility and additional risk measures

Overview
News
Financials

Housing Development Finance CorporationLtd(Merged) Analyst Rating

based on 20 analysts

BUY

95.00%

Buy

5.00%

Hold

0.00%

Sell

Based on 20 analysts offering long term price targets for Housing Development Finance CorporationLtd(Merged). An average target of ₹3147.8

Source: S&P Global Market Intelligence

Housing Development Finance CorporationLtd(Merged) Share analysis

Housing Development Finance CorporationLtd(Merged) price forecast by 20 analysts

Upside of15.55%

High

₹3360

Target

₹3147.80

Low

₹2820

Housing Development Finance CorporationLtd(Merged) target price ₹3147.8, a slight upside of 15.55% compared to current price of ₹2724.3. According to 20 analysts rating.

Source: S&P Global Market Intelligence

Housing Development Finance CorporationLtd(Merged) Performance

  • Day's Low

    Day's High

    ₹2,710.6
    Day's Price Range
    ₹2,777.65
  • 52 Week's Low

    52 Week's High

    ₹2,160
    52-Week Price Range
    ₹2,927.4
1 Month Return0 %
3 Month Return0 %
1 Year Return0 %
Previous Close₹2,747.35
Open₹2,755.80
Volume4.24Cr
Upper Circuit-
Lower Circuit-
Market Cap₹5,04,384.12Cr

Housing Development Finance CorporationLtd(Merged) Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹5,04,384.12 Cr
P/B Ratio3.61
EPS132.61
Dividend Yield1.67
SectorFinance
ROE12

Housing Development Finance CorporationLtd(Merged) Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹5,04,384.12 Cr2.49%0.90NANA
BUY₹32,946.02 Cr7.64%0.94₹4,759 Cr₹27,277 Cr
BUY₹13,314.75 Cr-2.09%0.88₹490 Cr₹2,017 Cr
BUY₹10,292.15 Cr18.72%0.94NANA
NA₹11,474.83 Cr-9.58%0.85₹1,214 Cr₹8,579 Cr

About Housing Development Finance CorporationLtd(Merged)

Housing and Urban Development Corporation Limited (HUDCO) is a government-owned company operating in the financial services sector, specializing in housing finance and urban infrastructure development. Incorporated in 1970, HUDCO was founded by the Government of India and is headquartered in New Delhi. The company is registered under the Company Identification Number (CIN) L74899DL1970GOI005276. HUDCO's primary lines of business include providing long-term finance for housing and urban development projects, focusing on affordable housing and infrastructure improvement across India.

HUDCO operates exclusively in India and does not have specific sub-brands, concentrating on its core mission to support housing and urban development. A notable fact about HUDCO is its significant role in financing over 17 million dwelling units, contributing substantially to India's housing sector. Another key fact is that HUDCO has played a pivotal role in promoting sustainable urban development through its funding of water supply, sewerage, and road projects. HUDCO operates under the Ministry of Housing and Urban Affairs.

Share Price: ₹2724.30 per share as on 12 Jul, 2023 04:01 PM
Market Capitalisation: ₹5,04,384.12Cr as of today
Revenue: ₹47,632.79Cr as on March 2023 (Q1 23)
Net Profit: ₹8,004.95Cr as on March 2023 (Q1 23)
Listing date: 03 Nov, 1994
Chairperson Name: Deepak Parekh
OrganisationHousing Development Finance CorporationLtd(Merged)
HeadquartersMumbai
IndustryFinance
E-voting on sharesClick here to vote

Key events for Housing Development Finance CorporationLtd(Merged)

  • Housing Development Finance Corporation Ltd Goes Through Reverse Merger - 12 Jul, 2023

    Housing Development Finance Corporation Ltd undergoes a reverse merger with subsidiary HDFC Bank, leading to significant changes in indices and warnings for traders to exit derivatives positions.
  • Merger of HDFC and HDFC Bank to Create a Financial Conglomerate - 10 Jul, 2023

    The merger of HDFC and HDFC Bank is expected to create a big conglomerate in terms of financial strength, with subsidiaries like HDFC Life, HDFC Securities, and HDFC AMC. The cost of credit for HDFC will be reduced, creating the third or fourth largest entity in the world.
  • HDFC Bank to Announce Q1 Results Post-Merger with HDFC - 09 Jul, 2023

    Housing Development Finance Corporation Ltd's subsidiary HDFC Bank is set to announce its Q1 results on July 17 after the merger with HDFC. The lender's loan book rose 13% YoY and deposits were up 16% YoY as of June end.
  • HDFC Bank to replace Housing Development Finance Corp on MSCI Global Standard Indexes - 08 Jul, 2023

    Following the merger of HDFC Bank and Housing Development Finance Corporation (HDFC) Ltd, HDFC Bank will replace HDFC on the MSCI Global Standard indexes from July 13. The move is not expected to trigger any weight changes.
  • Housing Development Finance Corporation's Merger with HDFC Bank Completed - 07 Jul, 2023

    Housing Development Finance Corporation (HDFC) has been replaced by HDFC Bank on MSCI Global Standard indexes following their $40 billion merger. Additionally, JSW Steel will replace HDFC in the Sensex, and JBM Auto Components Ltd will replace HDFC in S&P BSE 500.
  • HDFC Delisted After Merger With HDFC Bank; Replaced in Stock Indices - 06 Jul, 2023

    Housing Development Finance Corporation (HDFC) was delisted after its merger with HDFC Bank. It was replaced by JSW Steel in Sensex and Mankind Pharma in Nifty500 index.
  • HDFC Replaced by LTIMindtree and JSW Steel in Indices - 05 Jul, 2023

    Housing Development Finance Corporation Ltd (HDFC) will be replaced by LTIMindtree in the Nifty50 Index and JSW Steel in the Sensex and BSE 100 indices due to its merger with HDFC Bank.
  • Housing Development Finance Corporation Ltd Sees Highs Amid Merger - 04 Jul, 2023

    Housing Development Finance Corporation Ltd sees stock price highs amid its merger with HDFC Bank. The merger has yielded little fees for financial advisors.
  • HDFC Completes Merger with HDFC Bank - 03 Jul, 2023

    Housing Development Finance Corporation (HDFC) completes its merger with HDFC Bank, creating the world's fourth-largest bank by market cap. The merged entity is expected to create synergies including access to lower funding costs, operational efficiencies, and a wider distribution network.
  • HDFC Bank Merges with HDFC; Market Capitalization Increases - 02 Jul, 2023

    Housing Development Finance Corporation Ltd's subsidiary HDFC Bank has merged with HDFC, becoming the largest private-sector lender in India and increasing its market capitalization by Rs 19,050.56 crore.
  • Housing Development Finance Corporation Merges with HDFC Bank - 01 Jul, 2023

    Housing Development Finance Corporation (HDFC) merges with HDFC Bank, forming India's fourth-largest bank valued at $172 billion. The merger will allow greater flow of credit into the economy and enable underwriting of larger ticket loans.
  • Housing Development Finance Corporation Merger with HDFC Bank - 30 Jun, 2023

    Housing Development Finance Corporation (HDFC) completes merger with HDFC Bank, creating fourth-largest bank by equity market capitalization. The new HDFC Bank entity will have around 120 million customers and increase its branch network to over 8,300. FTSE Global Equity indices expected to replace HDFC Ltd with HDFC Bank after merger.
  • HDFC Ltd Announces Merger Plans and Increased Stakes - 29 Jun, 2023

    Housing Development Finance Corporation (HDFC) announced plans to merge with HDFC Bank on July 1, while increasing stakes in HDFC Life Insurance Company and Reloy. The company's market capitalization also rose significantly.
  • Housing Development Finance Corporation Ltd Gains Ahead of Merger - 28 Jun, 2023

    Housing Development Finance Corporation Ltd (HDFC) announces merger with HDFC Bank, set to take effect on July 1. Shares expected to cease trading on July 13. The RBI relaxes restrictions on HDFC Credila granting fresh loans once it becomes part of HDFC Bank.
  • HDFC Shares Climb Ahead of Mega-Merger with HDFC Bank - 27 Jun, 2023

    The merger between Housing Development Finance Corporation (HDFC) and HDFC Bank will be effective from July 1. HDFC shares will be delisted on July 13, and each shareholder with 25 shares of HDFC will receive 42 shares of HDFC Bank. Investors are bullish on the merged entity due to synergies and cost savings, while traders see arbitrage opportunities.
  • HDFC Sells Land Under SARFAESI Act and Stock Expected to Reach Rs 2,950 Levels - 26 Jun, 2023

    Housing Development Finance Corporation Ltd sells a piece of land in Mumbai to Macrotech Developer (Lodha) for Rs 70 crore under the SARFAESI Act. HDFC stock is expected to reach Rs 2,950 levels in the medium term.
  • HDFC sells stakes, makes new investments; HDFC Mutual Fund launches HNCCF - 23 Jun, 2023

    HDFC sold stakes in various companies, bought shares in others, exhibited a bullish trend, while HDFC Mutual Fund launched HDFC Non-Cyclical Consumer Fund.
  • HDFC paces gains as SEBI grants warrant trading exemption - 22 Jun, 2023

    HDFC paces gains in India's key stock benchmarks amid choppy trade. SEBI grants HDFC and HDFC Bank exemption from Rule 19(2)(b) of SCRR for warrants trading. Head of Retail Research at HDFC Securities advises equity investors on asset allocation balance.
  • HDFC's Market Cap Climbs Over ₹59,000 Crore; CCI Approves Stake Acquisition - 21 Jun, 2023

    HDFC's stock rose as CCI approved its proposed acquisition of additional stake in HDFC ERGO and HDFC Life. Mutual funds hold Rs 62,040 crore worth HDFC shares.
  • HDFC sells majority stake in HDFC Credila; acquires stakes in insurers - 20 Jun, 2023

    HDFC sold 90% stake in HDFC Credila to PE firms for INR 9,060 crore. Additionally, HDFC acquired stakes in HDFC Life Insurance and HDFC ERGO General Insurance.

Insights on Housing Development Finance CorporationLtd(Merged)

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 12.82% to 14.61% in Jun 2023 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 4 quarters, 5.30K Cr → 7.62K Cr (in ₹), with an average increase of 11.1% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 11.26% to 12.06% in Jun 2023 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, HDFC stock has moved up by 48.9%

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 44.27K Cr → 47.63K Cr (in ₹), with an average increase of 7.1% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, ICICI Bank Ltd has given 24.4% return, outperforming this stock by 1.0%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, State Bank of India has given 205.4% return, outperforming this stock by 156.6%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 66.20% to 63.57% in Jun 2023 quarter

Housing Development Finance CorporationLtd(Merged) Financials

Value in ₹ crore
DetailsQ'1 22Q'2 22Q'3 22Q'4 22Q'1 23
Revenue₹37,507.86Cr (-)₹25,378.37Cr (↓32.34%)₹46,881.55Cr (↑84.73%)₹44,270.67Cr (↓5.57%)₹47,632.79Cr (↑7.59%)
Net Income₹6,892.16Cr (-)₹5,574.01Cr (↓19.13%)₹7,042.89Cr (↑26.35%)₹7,077.91Cr (↑0.50%)₹8,004.95Cr (↑13.10%)
Net Profit Margin18.38% (-)21.96% (↑19.48%)15.02% (↓31.60%)15.99% (↑6.46%)16.81% (↑5.13%)
Value in ₹ crore
Details2019202020212022
Total Assets₹4,58,777.55Cr (-)₹5,25,704.34Cr (↑14.59%)₹5,69,415.23Cr (↑8.31%)₹6,43,052.35Cr (↑12.93%)
Total Liabilities₹3,81,422.08Cr (-)₹4,39,546.28Cr (↑15.24%)₹4,60,632.58Cr (↑4.80%)₹5,22,801.35Cr (↑13.50%)
Value in ₹ crore
Details20192020202120222023
Operating Cash Flow-₹41,165.50Cr (-)-₹43,816.79Cr (↑6.44%)-₹28,437.29Cr (↓35.10%)- (↓100.00%)- (-)

Housing Development Finance CorporationLtd(Merged) Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
0%
0.00
Foreign Institutions
63.57%
-3.97
Mutual Funds
14.61%
13.93
Retail Investors
12.06%
7.11
Others
9.76%
0.44

Housing Development Finance CorporationLtd(Merged) Key Indicators

Details20182019202020212022
Earning Per Share (₹)78.23102.13131.79113.57132.61
Details20182019202020212022
Return On Equity %20.8913.5121.7312.3412
Details2019202020212022
Return On Assets %3.544.083.293.51
Details20182019202020212022
Book Value Per Share (₹)547.9649.06730.23867.02990.3

Housing Development Finance CorporationLtd(Merged) Valuation

Housing Development Finance CorporationLtd(Merged) in the last 5 years

  • Overview

  • Trends

Lowest (11.90x)

March 24, 2020

Today (19.13x)

July 11, 2023

Industry (28.15x)

July 11, 2023

Highest (29.28x)

February 15, 2021

LowHigh

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Housing Development Finance CorporationLtd(Merged) (HDFC) share price today is ₹2724.3

Housing Development Finance CorporationLtd(Merged) is listed on NSE

Housing Development Finance CorporationLtd(Merged) is listed on BSE

  • Today’s highest price of Housing Development Finance CorporationLtd(Merged) is ₹2777.65.
  • Today’s lowest price of Housing Development Finance CorporationLtd(Merged) is ₹2710.6.

PE Ratio of Housing Development Finance CorporationLtd(Merged) is 19.13

PE ratio = Housing Development Finance CorporationLtd(Merged) Market price per share / Housing Development Finance CorporationLtd(Merged) Earnings per share

Today’s traded volume of Housing Development Finance CorporationLtd(Merged)(HDFC) is 4.24Cr.

Today’s market capitalisation of Housing Development Finance CorporationLtd(Merged)(HDFC) is ₹504384.12Cr.

Housing Development Finance CorporationLtd(Merged)(HDFCPrice
52 Week High
₹2927.4
52 Week Low
₹2160

Housing Development Finance CorporationLtd(Merged)(HDFC) share price is ₹2724.3. It is down -6.94% from its 52 Week High price of ₹2927.4

Housing Development Finance CorporationLtd(Merged)(HDFC) share price is ₹2724.3. It is up 26.13% from its 52 Week Low price of ₹2160

Housing Development Finance CorporationLtd(Merged)(HDFCReturns
1 Day Returns
-23.05%
1 Month Returns
0%
3 Month Returns
0%
1 Year Returns
0%