NIFTY 22643.40 BANK 49424.05

HDFC Bank Ltd.
Share Price Target & Analysis

NSE:HDFCBANK

1521.14

VWAP

1515.00

Open

1509.8

Close

1534.45

High

1506.55

Low

1757.50

52 Week High

1529.50 ⇧
19.70 (1.30%)

HDFCBANK

(FINANCIAL SERVICES)
42.1% Momentum

Turnaround Potential

1363.55

52 Week Low

80.05

EPS

19.48

PE

2.76

PB

Standard
Quality

Silver
Valuation

#Analysis

NSE: HDFCBANK Share Price Financial Analysis & Valuation

HDFC Bank Ltd. (HDFCBANK) is broadly categorized in FINANCIAL SERVICES segment industry which deals in Banks - Private Sector vertical. It is one of Large Cap company with Market Capitalization of Rs 818707 (in Cr). Total number of free float shares are 271.8 (in Lacs). HDFC Bank Ltd. is listed on NSE with Exchange ID - INE040A01034 and trading code is NSE:HDFCBANK with short name HDFC Bank.

HDFC Bank Ltd. is a Good Quality Stock as it is listed in as TOP 50 Quality Picks by NSE. HDFCBANK is having very good return on equity (ROE), financial leverage (Debt/Equity Ratio) and earning (EPS) growth variability analysed during the previous 5 years.

HDFC Bank Ltd. is also traded in Future & Options (Derivative segment of NSE).

In the past 1 year, HDFC Bank Ltd. has declared an equity dividend of Rs 19 per share. At the current share price of HDFCBANK at Rs 1529.50, this results in a dividend yield of 1.24 %.

As per the Fundamental Analysis of NSE:HDFCBANK, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine HDFCBANK underlying value and future prospects. All of this data is available in HDFCBANK financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:HDFCBANK, it is clearly understood that HDFCBANK is Standard performer in terms of earnings and profit margins with an EPS of 80.05. NSE:HDFCBANK book value per share as of today is 554.70. The current price to book ratio for HDFCBANK as of Apr 29, 2024 is 2.76.

Valuation of the Stock: The current valuation of HDFCBANK stock is like Silver which means currently the stock is at Premium. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of HDFCBANK whether to BUY this stock at current valuation. The delivery percentage of HDFCBANK is 43.14% is very crucial parameter which shows that 43.14% investors are anticipating that the price of HDFCBANK share should go up with VWAP at 1521.14.

Now, the main question is whether to BUY or SELL, NSE:HDFCBANK at current valuation.
As per latest Analysis No. #4774:-

⇑ STRONG BUY HDFCBANK if All Greens

⇗ BUY HDFCBANK (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD HDFCBANK (With Stop Loss) if only 1 Green

⇘ SELL HDFCBANK if NO Green Indicator

NSE: HDFCBANK Share Price Today (Apr 29, 2024)

(HDFC Bank Ltd. Daily Analysis on the basis of HDFCBANK Intraday Graph & Trend)

HDFC Bank Ltd. share price moved Up by 1.30% from its previous close of Rs 1509.8. HDFCBANK stock last traded price is 1529.50. HDFCBANK share price trend is Up with a total of 18046675 stocks traded till now. It has touched an intraday high of Rs 1534.45 and an intraday low of Rs 1506.55. The HDFCBANK trading at 1529.50, Up by Rs. 19.70, or 1.30 percent which suggests that most of the Traders are anticipating that the price of HDFCBANK share should go Up.

NSE: HDFCBANK Share Price Tomorrow Prediction

(HDFC Bank Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of HDFCBANK)

HDFC Bank Ltd. share price moved Up by 1.30%. HDFCBANK share price short term trend is Up. It suggests that HDFCBANK Share Price for Tomorrow remains the same with VWAP at 1521.14 will be treated as stop loss for intraday traders. HDFC Bank Ltd. Long term investors can follow the HDFCBANK long term trend as mentiond in future forecast table.

NSE Code

NSE: HDFCBANK

HDFCBANK Share Price Today

 1529.50

HDFCBANK Share Price Target Prediction for 2024 ^

 1429.6 - 1654.7

HDFCBANK Share Price Target Prediction for 2025*^

 1654.7 - 1881.6

HDFCBANK Share Price Target Prediction for 2026*^

 1881.6 - 2013.3

HDFCBANK Share Price Target Prediction for 2027*^

 2114

HDFCBANK Share Price Target Prediction for 2028*^

 2174

HDFCBANK Share Price Target Prediction for 2030*^

 2370
HDFCBANK Current Book Value 2023
551.9

*HDFC Bank Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^HDFCBANK share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

HDFCBANK Technical Analysis

Candlestick Pattern: @1494.7

HDFCBANK Moving Averages

BUY (6) NEUTRAL (0) SELL (8)
MA Simple Action S1 Expo Action E2
MA_5 1529.03 SELL 1516.81 SELL
MA_12 1497.63 SELL 1502.9 SELL
MA_20 1479.62 BUY 1490.26 BUY
MA_32 1459.99 BUY 1479.44 BUY
MA_50 1448.21 BUY 1480.8 BUY
MA_100 1521.08 SELL 1497.54 SELL
MA_200 1554.99 SELL 1529.48 SELL

HDFCBANK Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 1479.62 Uptrend
MACD 4.34 BUY
ADX 24.35 NO or Weak Trend
DMI (+/-) 26.95 / 23.77 Uptrend

HDFCBANK Momentum Oscillators

BUY (1) NEUTRAL (5) SELL (6)
Momentum Oscillators Value Action
RSI 53.4 Neutral
STOCHASTIC_K (Fast) 4.45 Oversold
STOCHASTIC_D (Slow) 32.56 Neutral
CCI 9.5 Neutral
PSAR 1557.25 SELL
TRUE RANGE 26.9 SELL
ATR 23.36 SELL
WILLIAMS R -45.99 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM 35.15 BUY

HDFCBANK Last 1 Year Trend

Duration Value
1 Year -10.14%
3 Months -9.44%
1 Month 2.41%
1 Week -3.54%

HDFCBANK Technical Analysis Summary

Updated on 2024-04-15
Action Overall (%)
BUY 33%
NEUTRAL / HOLD 20%
SELL 47%

Most popular Questions & Answers about HDFCBANK


HDFC Bank Ltd. stock last traded price is 1529.50. HDFCBANK share price moved Up by 1.30% from its previous close of Rs 1509.8.

HDFC Bank Ltd. share price trend is Up with a total of 18046675 stocks traded till now. It has touched an intraday high of Rs 1775.075 and an intraday low of Rs 1506.55. The HDFCBANK trading at 1529.50, Up by Rs. 19.70, or 1.30 percent which suggests that most of the Traders are anticipating that the price of HDFCBANK share should go Up and the Stop Loss will be around 1521.14.

The market cap of HDFC Bank Ltd. is ₹818707 (in Cr) as of Apr 28, 2024.

The current price to earning ratio for HDFC Bank Ltd. as of Apr 28, 2024 is 19.48.

The current price to book ratio for HDFC Bank Ltd. as of Apr 28, 2024 is 2.76.

The highest price of HDFC Bank Ltd. stock is ₹1757.50 in the last 52-week.

The lowest price of HDFC Bank Ltd. stock is ₹1363.55 in the last 52-week.

HDFC Bank Ltd. share trading at ₹1529.50, Up by Rs. 19.70, or 1.30 percent which suggests that most of the traders are anticipating that the price of HDFCBANK share should go Up.

In 2023, Stock price target for HDFC Bank Ltd. (HDFCBANK) are ₹1429.6 on downside and ₹1654.7 on upside. HDFC Bank Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for HDFC Bank Ltd. (HDFCBANK) are ₹1654.7 on downside and ₹1881.6 on upside. HDFC Bank Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for HDFC Bank Ltd. (HDFCBANK) are ₹1881.6 on downside and ₹2013.3 on upside. HDFC Bank Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for HDFC Bank Ltd. (HDFCBANK) will be around ₹2174 HDFC Bank Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of HDFCBANK.

As per the fundamental analysis of HDFC Bank Ltd. (HDFCBANK), it is of Standard quality in terms of earnings and profit margins with an EPS of 80.05. HDFC Bank Ltd. book value per share as of today is 554.70. The current price to book ratio for HDFCBANK as of Apr 29, 2024 is 2.76.


NSE:HDFCBANK News & Other Useful Information about HDFCBANK Share Price


Peer Comparison of NSE: HDFCBANK

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Banks - Private Sector

Company Price EPS BV
HDFCBANK 1529.50 80.05 554.7
ICICIBANK 1160.15 55.95 280.29
KOTAKBANK 1640.40 66.12 417.63
AXISBANK 1159.25 80.53 406.25
INDUSINDBK 1487.25 114.99 697.38
BANDHANBNK 184.00 18.52 121.57
AUBANK 645.00 20.66 148.83
YESBANK 27.10 0.33 13.33
IDFCFIRSTB 81.50 4.29 39.63
FEDERALBNK 160.45 11.55 107.29
Updated at: 29 Apr 2024 16:03

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SITEMAP 4652
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