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 ₹1948.58
Source: S&P Global Market Intelligence
HDFC Bank Ltd Share analysis
HDFC Bank Ltd price forecast by 40 analysts
Upside of8.65%
High
₹2550
Target
₹1948.58
Low
₹1554
HDFC Bank Ltd target price ₹1948.58, a slight upside of 8.65% compared to current price of ₹1771.5. 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, FY2026:19.77%
Forecast
Actual
Source: S&P Global Market Intelligence
HDFC Bank Ltd Performance
Day's Low
Day's High
₹1,767.05Day's Price Range₹1,797.5552 Week's Low
52 Week's High
₹1,363.5552-Week Price Range₹1,880
| Returns % | |
| 1 Month Return | + 3 % |
| 3 Month Return | + 1.91 % |
| 1 Year Return | + 6.33 % |
| Market Stats | |
| Previous Close | ₹1,793.50 |
| Open | ₹1,782.20 |
| Volume | 1.28Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹13,84,256.77Cr |
HDFC Bank Ltd Key Statistics
| P/E Ratio | 19.71 |
| PEG Ratio | 15.64 |
| Market Cap | ₹13,84,256.77 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 | ₹13,84,256.77 Cr | 7.54% | NA | ₹64,062 Cr | ₹4,07,994 Cr | |
| BUY | ₹75,194.07 Cr | -7.11% | NA | ₹8,977 Cr | ₹55,143 Cr | |
| BUY | ₹26,411.87 Cr | -13.52% | NA | NA | NA | |
| BUY | ₹9,27,464.87 Cr | 27.55% | NA | ₹44,256 Cr | ₹2,36,037 Cr | |
| BUY | ₹3,47,314.92 Cr | 9.84% | NA | ₹26,386 Cr | ₹1,37,989 Cr |
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: ₹1771.50 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹13,84,256.77Cr 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 Securities Sees Challenges and Opportunities Ahead - 20 Dec, 2024
HDFC Securities predicts a challenging 2025 due to high valuations but highlights stock-picking opportunities in large banks, including HDFC Bank, amid market uncertainties.HDFC Capital Expands into PropTech Sector - 19 Dec, 2024
HDFC Capital has diversified from a private equity fund to launch an affordable real estate technology platform, aiming to enhance efficiency in the PropTech ecosystem.HDFC Bank Faces Challenges Amid Strategic Partnerships - 18 Dec, 2024
HDFC Bank is navigating challenges, including a SEBI warning and market performance issues, while also contributing to startup growth and achieving significant guarantees for loans.HDFC Bank Faces Regulatory Challenges Amid Positive Earnings - 17 Dec, 2024
HDFC Bank's shares faced pressure from SEBI warnings regarding compliance issues, while the bank reported a 5.3% YoY PAT rise and received a BUY rating from StoxBox.HDFC Bank Faces SEBI Scrutiny Over Disclosure Issues - 16 Dec, 2024
HDFC Bank received multiple warnings from SEBI for failing to disclose Arvind Kapil's resignation timely. Despite regulatory scrutiny, the bank reported strong Q2 results and plans to address compliance issues.HDFC Bank Shows Strong Performance and Bullish Indicators - 15 Dec, 2024
HDFC Bank has been outperforming frontline indices, trading above both short and long-term moving averages. The daily RSI indicates a strong bullish trend, with immediate support at 1840-1830 and potential upside targets of 1960 and 2000.HDFC Bank Receives SEBI Warning Letter - 12 Dec, 2024
HDFC Bank was issued an administrative warning by SEBI for non-compliance with various regulations. The bank assured stakeholders that there would be no financial or operational impact.HDFC Bank Secures Major Office Lease in Navi Mumbai - 11 Dec, 2024
HDFC Bank has signed a lease for 416,000 sq ft of office space in Navi Mumbai for 10 years, with an annual rent of Rs 24 crore. The lease includes provisions for car parking and a rental escalation clause.HDFC Bank Expands Operations and Secures Funding - 10 Dec, 2024
HDFC Bank is expanding its operations by leasing significant office space in Navi Mumbai and successfully raised $750 million through overseas bonds, while Bajaj Holdings acquired a small stake in the bank.HDFC Bank Announces MCLR Hike and Strategic Partnerships - 09 Dec, 2024
HDFC Bank has increased its MCLR for short-term loans and announced a partnership with Zaggle, which has positively impacted Zaggle's stock. SEBI also issued a warning regarding unlisted securities trading.HDFC Bank Reports Strong Earnings Growth - 07 Dec, 2024
HDFC Bank announced strong net earnings of INR 168.2 billion for 2QFY25, reflecting an 18% YoY growth. Despite modest loan growth, strong deposit growth supports liquidity and a positive outlook.HDFC Bank Sees Inflows Amid Safe Haven Buying - 06 Dec, 2024
HDFC Bank's stock performance is influenced by safe haven buying, significant foreign inflows from MSCI rebalancing, and a decrease in Cash Reserve Ratio. The bank remains a leading card issuer.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.
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 IMPACTPrice Rise
In the last 3 years, HDFCBANK stock has moved up by 27.0%
- 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
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 40.79% to 41.54% in Sep 2024 quarter
- 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, State Bank of India has given 86.6% return, outperforming this stock by 59.6%
- NO EFFECT
Against Peers
In the last 1 year, ICICI Bank Ltd has given 29.4% return, outperforming this stock by 19.9%
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
SpiceJet Expects Return of Grounded B737 MAX Planes by April
SpiceJet expects 3 grounded B737 MAX planes to return to service by April. The airline stated that it has partnered with US-based MRO (maintenance, repair, and overhaul) provider StandardAero to restore its Boeing 737-8 MAX fleet. SpiceJet currently has 36 grounded aircraft, including seven Boeing 737 MAX planes. The airline aims to bring these planes back into service by the end of 2026. SpiceJet chairman and managing director Ajay Singh said the return of three fuel-efficient Boeing 737 MAX planes would provide a significant boost to the airlines financial health. The airline has been working to strengthen its fleet and resolve outstanding disputes after raising ₹3,000 crore recently. In the past two months, it has resolved disputes with multiple lessors, including Export Development Canada, Engine Lease Finance Corporation, Babcock & Brown Aircraft Management, Aircastle (Ireland), Wilmington Trust SP Services (Dublin) and Shannon Engine Support. On Thursday, SpiceJet settled a dispute of over $16 million with Dublin-headquartered commercial aircraft leasing company Genesis Aircraft Services. Under the agreement, SpiceJet will pay Genesis $6 million and Genesis will acquire $4 million in SpiceJet equity for Rs 100 per share. The airline has also recently cleared all the employee statutory dues including PF and GST.21 Dec, 2024 01:15 AMSpiceJet Faces Allegations Over Aircraft Engine Removal Amid Financial Crisis
US-based Spectre Cargo Solutions has alleged through its Irish affiliates that SpiceJet has removed engines from the five Boeing 737 freighter planes it had leased to the airline. The airline, however, said that it has already returned two aircraft to the lessor and is working to return the three grounded aircraft to service within the first quarter of 2025. It said that the two parties are also working together to lease additional aircraft. Further it must be pointed out that you didn't seek the approval of my clients before taking aforementioned actions and neither have you paid for the use of my clients high value equipment and continue to use the equipment without remunerating my clients for the same, Sarin & Co, a law firm representing three of Spectre Cargo Solution associates-NG Genesis Limited, NGF Charlie Limited, NGF Alpha Limited-said in a notice sent to SpiceJet, a copy of which was seen by ET. Therefore, prima facie, you are inter-alia guilty of theft. The practice of removing parts to keep another plane flying is commonly known as turning the disused planes into Christmas trees. Although rare, the practice is most often linked to financial difficulties. But according to agreements between airlines and lessors, the planes have to be returned in similar condition as they were when originally leased. SpiceJet has gone through a severe financial crisis, during which it defaulted on payment of aircraft lease rentals to multiple lessors. The Delhi High Court summoned senior executives of the airline recently for failing to comply with an earlier order to pay $6 million to engine lessor Team France. After a fundraising of ₹3,000 crore through a qualified institutional placement, however, the airline has been able to resolve some of the disputes. For instance, on Wednesday, it said that it had settled a dispute of around $16 million with Dublin-headquartered Genesis Aircraft Services. Under the agreement, SpiceJet will pay Genesis $6 million and Genesis will acquire $4 million in SpiceJet equity at a price of ₹100 per share, the airline said.21 Dec, 2024 12:20 AMSpiceJet Announces Special Flights for Maha Kumbh Mela 2025
SpiceJet has announced the launch of daily special flights connecting Uttar Pradesh's Prayagraj to major cities such as Delhi, Mumbai, Bengaluru, and Ahmedabad. These daily special flights will from 12th January to 28th February, 2025. SpiceJet settles dispute of over USD 16 million with Genesis.20 Dec, 2024 05:04 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 (15.85x)
December 19, 2024
Today (19.71x)
December 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 1.10%.
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 ₹1771.5
HDFC Bank Ltd is listed on NSE
HDFC Bank Ltd is listed on BSE
- Today’s highest price of HDFC Bank Ltd is ₹1797.55.
- Today’s lowest price of HDFC Bank Ltd is ₹1767.05.
PE Ratio of HDFC Bank Ltd is 19.71
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 1.28Cr.
Today’s market capitalisation of HDFC Bank Ltd(HDFCBANK) is ₹1384256.77Cr.
| HDFC Bank Ltd(HDFCBANK | Price |
|---|---|
52 Week High | ₹1880 |
52 Week Low | ₹1363.55 |
HDFC Bank Ltd(HDFCBANK) share price is ₹1771.5. It is down -5.77% from its 52 Week High price of ₹1880
HDFC Bank Ltd(HDFCBANK) share price is ₹1771.5. It is up 29.92% from its 52 Week Low price of ₹1363.55
| HDFC Bank Ltd(HDFCBANK | Returns |
|---|---|
1 Day Returns | -22% |
1 Month Returns | 3% |
3 Month Returns | 1.91% |
1 Year Returns | 6.33% |