HDFC Bank Ltd share price logo

HDFC Bank Ltd Share Price (HDFCBANK)

₹1536.350.79%

bell
Get free price alerts. Set up your Free investment account to get Live Prices. >
Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Overview of HDFC Bank Ltd

Key events for HDFC Bank Ltd

  • HDFC Bank Reports Robust Deposit Growth Despite Stock Fall - 11 Apr, 2024

    HDFC Bank reports strong Q4FY24 deposit growth and a balanced approach in managing assets and liabilities. Analysts maintain positive outlook with an unchanged price target of Rs. 1,900. The bank opens its first private sector branch in Lakshadweep.

  • HDFC Bank's Interest Rates Increase Following Merger; Reports Q4 Results Soon - 10 Apr, 2024

    HDFC Bank increased its home loan interest rates and will report Q4 FY23-24 results soon. Experts recommend HDFC Bank as the top pick in the large-cap banking space due to reasonable valuations and early signs of synergies from the merger with HDFC. The bank also opened a new branch in Lakshadweep and offered higher interest rates on its Senior Citizen Care FD.

  • HDFC Bank: Education Loan Market Upbeat with HDFC Credila Deal - 09 Apr, 2024

    HDFC Bank sells 90% stake in HDFC Credila. Private equity funds optimistic about education-loan market. HDFC Credila raises $100m via external commercial borrowing. Price targets suggest 10-25% upside potential for private lenders. Credit and deposit growth in FY24 impacted by HDFC and HDFC Bank merger.

  • HDFC Bank Sees Positive Momentum Amidst Interest Rate Cut Expectations - 08 Apr, 2024

    HDFC Bank is seeing positive momentum amidst expectations of an interest rate cut by the RBI. Sharekhan recommends a BUY call with a target price of Rs. 1,900 per stock. The bank's strong deposit growth in Q4FY24 has helped it climb above key technical levels. Analysts expect steady net interest margin (NIM) and strong asset quality.

  • HDFC Bank Could See Inflows of $4.8 Billion - 07 Apr, 2024

    Foreign investment in HDFC Bank has fallen just 5 basis points short of the threshold set by MSCI to fully include the stock in its indices, which could result in inflows of $4.8 billion into the bank.

  • HDFC Bank Shares Rise 6% in a Week on Better-Than-Expected Q4FY24 Update - 06 Apr, 2024

    HDFC Bank shares saw strong buying interest, rising 6% in one week after the private lender reported better-than-expected Q4FY24 business update. Experts predict strong upside movement if resistance at ₹1,730 is breached.

  • HDFC Bank's Loan Book Crosses Rs 25 Lakh Crore in Q4 FY24 - 05 Apr, 2024

    HDFC Bank's gross advances aggregated to Rs 25.08 lakh crore in Q4 FY24 with a YoY growth of 55.4%. Analysts are bullish on the bank despite downside risks to loan CAGR over FY24-26F. The stock has risen for seven consecutive sessions.

  • HDFC Bank Reports Strong Q4 Results; FII Ownership Falls - 04 Apr, 2024

    HDFC Bank's Q4 FY24 results show a 55.4% YoY growth in gross advances and 26.4% increase in deposits. The bank's shares rose by 3%. However, foreign institutional investors' ownership fell by 4.5%, resulting in an inflow of $2 billion.

  • HDFC Bank Sees Potential Upside According to Brokerage Report - 03 Apr, 2024

    HDFC Bank Ltd has risen for five consecutive sessions and added around 4.23% in the last month. A recent report by brokerage firm Prabhudas Lilladher suggests that there is potential upside for the stock with levels of Rs 1,700-1,800.

  • HDFC Bank Appoints New Group Head; NSDL Awaits Onboarding - 02 Apr, 2024

    HDFC Bank has appointed Suketu Kapadia as the new Group Head of Internal Audit. Meanwhile, NSDL is waiting for onboarding from HDFC Bank and other banks regarding a new platform presentation.

  • HDFC Bank Plans Stake Sale in HDFC Education; Stock Gains Third Straight Session - 01 Apr, 2024

    HDFC Bank is set to sell its entire stake in HDFC Education and Development Services using Swiss challenge method. The bank has signed a binding term sheet with an interested party, which will serve as the anchor bid to seek counter offers. Meanwhile, the bank advised customers to avoid NEFT transactions due to financial year-end procedural measures. Despite this, the bank's stock gained for a third straight session, rising 1.23% with increasing volume and PE ratio.

  • HDFC Bank to Sell Stake in HDFC Education - 31 Mar, 2024

    India's largest private sector lender, HDFC Bank, is seeking to divest its entire stake of 100% in HDFC Education and Development Services through the Swiss challenge method. The bank is yet to finalize the purchaser.

  • HDFC Bank Announces Stake Sale & New Appointment - 30 Mar, 2024

    HDFC Bank plans to sell its entire stake in HDFC Education and Development Services, while Sumant Rampal has been appointed as the new Group Head of Mortgages. The bank will use the Swiss challenge method to find a buyer for HDFC Edu. Shares of HDFC Bank closed 0.52% higher on Thursday.

  • HDFC Bank Appoints New Group Head; Analyst Predicts Long-Term Growth Opportunities - 29 Mar, 2024

    HDFC Bank has appointed a new Group Head of Mortgage Business, while an analyst predicts significant long-term growth opportunities due to the bank's branch network and subsidiaries.

  • HDFC Bank Adds Branches, Leads Credit Card Issuances - 28 Mar, 2024

    HDFC Bank has added 908 branches in the past year, led credit card issuances in February, and received authorization from RBI to import gold and silver. The bank also made changes to its leadership team, appointing Sumant Rampal as Group Head-Mortgage Business and replacing Arvind Kapil as head of the mortgage business.

  • HDFC Bank Ltd Stock Rises Amid Positive Ratings and Designation as Agency Bank - 27 Mar, 2024

    HDFC Bank Ltd's stock rises amid positive ratings from HSBC and Nomura, designation as an agency bank by RBI, and technical analysis showing support at Rs 1,400 and resistance at Rs 1,465-1,470 zone.

  • HDFC Bank Rated Outperform by CLSA - 26 Mar, 2024

    CLSA has maintained an outperform rating on HDFC Bank with a target price of Rs 1650. Retailers have tie-ups with the bank to offer loans, discounts, cashbacks and rewards.

  • HDFC Bank Wins Bank of the Year Award - 23 Mar, 2024

    HDFC Bank was joint winner of the Bank of the Year category at the BT Best Banks Awards for weathering storms in FY23, innovating in products and services, nurturing talent, and leveraging fintech or technology partners to prepare for the future.

  • Bernstein Maintains Outperform Rating on HDFC Bank - 22 Mar, 2024

    Bernstein has maintained an outperform rating on HDFC Bank with a target price of Rs 2100. The bank's valuation is attractive, and it stands to gain 25% of its annual earnings through the sales of stakes in subsidiaries. Zero value assigned for acquired mortgage business.

  • HDFC Bank Faces Regulatory Hurdle, Completes Sale of Majority Stake in HDFC Credila - 21 Mar, 2024

    HDFC Bank faces regulatory hurdle as RBI rejects its request to classify securities worth over Rs 1 trillion issued by the erstwhile HDFC Ltd as infrastructure bonds. The bank has completed the sale of its majority stake in education finance arm HDFC Credila for Rs 9,553 crore to private equity firms. It also plans to reward shareholders with a dividend on equity shares for FY23-24. Additionally, HDFC Bank and TD Bank Group have announced a referral program supporting Indian students planning to study in Canada.

Analyst Rating for HDFC Bank Ltd stock

based on 39 analysts

BUY
89.74%
Buy
10.26%
Hold
0.00%
Sell

Based on 39 analysts offering long term price targets for HDFC Bank Ltd. An average target of ₹1907.97

Source: S&P Global Market Intelligence

HDFC Bank Ltd share Performance

  • ₹1532.95
    ₹1549.9
    ₹1536.35
    downward going graph

    0.22%

    Downside

    Day's Volatility:1.10%

    Upside

    0.88%

    downward going graph
  • ₹1363.55
    ₹1757.5
    ₹1536.35
    downward going graph

    11.25%

    Downside

    52 Weeks Volatility:25.64%

    Upside

    14.39%

    downward going graph
1 Month Return7.6 %
3 Month Return-6.83 %
1 Year Return-7.63 %
Previous Close₹1,548.55
Open₹1,549.90
Volume1.39Cr
Upper Circuit-
Lower Circuit-
Market Cap₹11,67,151.37Cr

HDFC Bank Ltd Company Information

HDFC Bank Ltd. is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It was incorporated in August 1994, and is among one of India's largest private sector banks. The bank operates in four main lines of business: Retail Banking, Wholesale Banking, Treasury and Other Banking Operations.

HDFC Bank offers a range of banking products and services to its customers including deposits, loans, credit cards, debit cards, prepaid cards, NRI banking, insurance, investments and other services. The bank's popular products include savings accounts, current accounts, fixed deposits, home loans, personal loans, car loans, credit cards, debit cards, prepaid cards, NRI banking and insurance.

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.

Share Price: ₹1536.35 per share as on 10 Apr, 2024 04:01 PM
Market Capitalisation: ₹11,67,151.37Cr as of today
Revenue: ₹1,15,015.51Cr as on December 2023 (Q4 23)
Net Profit: ₹17,257.87Cr as on December 2023 (Q4 23)
Listing date: 14 Jun, 1995
Chairperson Name: Atanu Chakraborty
OrganisationHDFC Bank Ltd
HeadquartersMumbai
IndustryBanks
E-voting on sharesClick here to vote

Fundamentals of HDFC Bank Ltd

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.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 14.60% to 16.06% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 12.37K Cr → 17.25K Cr (in ₹), with an average increase of 14.5% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 11 quarters, 38.93K Cr → 1.15L Cr (in ₹), with an average increase of 9.3% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 16.81% to 20.03% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, State Bank of India has given 136.9% return, outperforming this stock by 124.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, State Bank of India has given 46.4% return, outperforming this stock by 54.0%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 45.22% to 41.36% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, HDFCBANK stock has moved down by -7.6%

HDFC Bank Ltd Valuation

HDFC Bank Ltd in the last 5 years

  • Overview

  • Trends

Lowest (15.43x)

February 14, 2024

Today (17.13x)

April 10, 2024

Industry (21.05x)

April 10, 2024

Highest (33.49x)

September 23, 2019

LowHigh

HDFC Bank Ltd Mutual Fund Holdings

Funds Holdings
Parag Parikh Flexi Cap Direct GrowthParag Parikh Flexi Cap Direct Growth7.93%
HDFC Flexi Cap Fund -Direct Plan - Growth OptionHDFC Flexi Cap Fund -Direct Plan - Growth Option9.24%
HDFC Balanced Advantage Fund Direct Plan Growth OptionHDFC Balanced Advantage Fund Direct Plan Growth Option5.67%
SBI Bluechip Fund Direct GrowthSBI Bluechip Fund Direct Growth8.09%
Mirae Asset Large Cap Fund Direct Plan GrowthMirae Asset Large Cap Fund Direct Plan Growth9.13%

HDFC Bank Ltd Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M 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

Jubilant Food shares rise 0.41 per cent in Wednesday's trading session

The Relative Strength Index of the stock stood at 49.71 on Wednesday.

03 Apr, 2024 12:48 PM

Jubilant Food shares decline 2.21% as Sensex climbs

A total of 87,159 shares changed hands on the counter till 01:44PM (IST)

08 Apr, 2024 01:44 PM

Jubilant Food shares rise 0.78% as Sensex climbs

A total of 66,806 shares changed hands on the counter till 01:23PM (IST)

10 Apr, 2024 01:24 PM
View More

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy HDFC Bank Ltd shares.

HDFC Bank Ltd (HDFCBANK) share price today is ₹1536.35

HDFC Bank Ltd is listed on NSE

HDFC Bank Ltd is listed on BSE

  • Today’s highest price of HDFC Bank Ltd is ₹1549.9.
  • Today’s lowest price of HDFC Bank Ltd is ₹1532.95.

PE Ratio of HDFC Bank Ltd is 17.13

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 1.39Cr.

Today’s market capitalisation of HDFC Bank Ltd(HDFCBANK) is ₹1167151.37Cr.

HDFC Bank Ltd(HDFCBANKPrice
52 Week High
₹1757.5
52 Week Low
₹1363.55

HDFC Bank Ltd(HDFCBANK) share price is ₹1536.35. It is down -12.58% from its 52 Week High price of ₹1757.5

HDFC Bank Ltd(HDFCBANK) share price is ₹1536.35. It is up 12.67% from its 52 Week Low price of ₹1363.55

HDFC Bank Ltd(HDFCBANKReturns
1 Day Returns
-12.2%
1 Month Returns
7.6%
3 Month Returns
-6.83%
1 Year Returns
-7.63%