HDFC Bank Shares: HDFC Bank Share Price on NSE/BSE
HDFC Bank shares have shown great performance today. This stock opened at Rs 1,486 and closed at Rs 1,534 after full day’s trading. Today’s trend is up. This surge has been seen basically after the HDFC Bank Q4 results performance which is going very well. HDFC Bank declared its January-March quarter results of net profit of Rs 16,511 on April 20. This is the time when India is in the middle of Lok Sabha elections and on the other hand there is a situation of tension in the world and hence no one wants to miss any major updates regarding this.
Summary
HDFC Bank Q4 Results
HDFC, which is a private bank which provide the banking services and finance services to their customers. HDFC Bank has declared its January-March quarter results on Saturday in which it has shown a net profit of 37%. These results are not on year-over-year basis because HDFC Bank merged with its parent company Housing Development Finance Corporation (HDFC) in July.
Financial Metrices of HDFC Bank Stock
HDFC Bank shares market capitalization stand at Rs 11.63TCr. Its PE ratio stands at 17.19, sector PE ratio stands at Rs 20.55. HDFC Bank are providing the dividend yield at this point of 1.24%, it is also providing the sector dividend yields of 0.84%. PB ratio is 4.01 and sector PB ratio is 2.79. High for the day was Rs 1,534.95 and low for the day was Rs 1,480.25. 52-week high for HDFC Bank stock is 1,757.00 and 52-week low is 1,363.55.
HDFC Bank Shares Comparative Analysis to its peers
In this, HDFC Bank has been compared with other competitive industries in which we can see market condition of the stock and this makes it easier to know its future aspects and its market performance as compared to other companies.
| Industry Name | PE Ratio | 1 Year Return | Buy Recommendation by Experts |
| HDFC Bank Ltd | 17.19 | -8.38% | 90% |
| ICICI Bank Ltd | 22.02 | 19.66% | 92.31% |
| Kotak Mahindra Bank Ltd | 23.88 | 4.89 | 52.78% |
| Axis Bank Ltd | 29.36 | 17.83% | 92.31% |
| Indusind Bank Ltd | 15.50 | 32.28% | 87.80% |
Financial history over 5 years of HDFC Bank Stock
In terms of financial metrics, HDFC BankLtd stock has given the return of 34.52% in last 5 years, in last one year it has given the return of -8.38%, in last 6 months it has given the return of 1.87% and it we check HDFC Bank stock’s last month growth return rate so it has given the return rate of 6.12%.
The revenue of HDFC Bank stock has declared an annual growth rate of 15.09% over the 5 years, different from the industry average revenue growth rate of 12.11%, on the other side the market share of HDFC Bank stock has seen an increase from 22.64% to 26.01%, but its net income has seen declaration of yearly growth at a rate of 19.97% as compared to its industry net income growth rate of 24.56%, it’s worth noting the condition of industry changing.
History of HDFC Bank Limited
HDFC Bank is an Indian private sector bank which provide banking services and finance services to their valuable customers. Its headquarters is in Mumbai, Maharashtra, India. Chairman of HDFC Bank is Atanu Chakraborty and CEO is Sashidhar Jagdishan. HDFC Bank was founded in August 1994 almost 29 years ago. It’s a largest Indian bank and world’s sixth largest bank according to its market capitalization of $145 billion as of January 2024. Housing Development Finance Corporation is the parent organisation of HDFC Bank. More than 2,08,066 employees are working in this organisation.
HDFC Bank providing the product services of Consumer banking, Commercial banking, Insurance, Credit cards, Investment Banking, Mortgage loans, private banking, Index finds, Wealth management, Risk management etc.
Share Price Target of HDFC Bank Shares
Share price target for HDFC Bank for 2024, 2025, 2026 and 2030 are as follows down.
Share Price Target of HDFC Bank Shares for 2024
HDFC Bank share price target for 2024 could be predicted as Rs 1750.00. As you can see that HDFC Bank has performed quite well in 2023 or has increased its profits significantly or has also boosted its CASA ratio. So, after looking at all these it can be predicted that it will give very good results in the long term.
Share Price Target of HDFC Bank Shares for 2025
HDFC Bank share price target for 2025 could be predicted as Rs 2150.00. This share price showing the long-term potential and it could exceed this target price.
Share Price Target of HDFC Bank Shares for 2026
HDFC Bank share price target for 2026 could be predicted as Rs 2450.00. If HDFC Bank continues to grow its profits like this, then it is going to make its shareholders rich in the future.
Share Price Target of HDFC Bank Shares for 2030
HDFC Bank share price target for 2030 could be predicted as Rs 4550.00. This is just prediction before investing in share market please take a advice from an expert.
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