NIFTY 22475.85 BANK 48923.55

HDFC Bank Ltd.
Share Price Target & Analysis

NSE:HDFCBANK

1521.12

VWAP

1533.25

Open

1532.25

Close

1540.60

High

1507.20

Low

1757.50

52 Week High

1519.60 ⇩
-12.65 (-0.83%)

HDFCBANK

(FINANCIAL SERVICES)
39.6% Momentum

Turnaround Potential

1363.55

52 Week Low

80.00

EPS

18.55

PE

2.74

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 1519.60, this results in a dividend yield of 1.25 %.

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 80.00. NSE:HDFCBANK book value per share as of today is 554.36. The current price to book ratio for HDFCBANK as of May 04, 2024 is 2.74.

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 1521.12.

Now, the main question is whether to BUY or SELL, NSE:HDFCBANK at current valuation.
As per latest Analysis No. #4820:-

⇑ 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 (May 04, 2024)

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

HDFC Bank Ltd. share price moved Down by -0.83% from its previous close of Rs 1532.25. HDFCBANK stock last traded price is 1519.60. HDFCBANK share price trend is Down with a total of 15932621 stocks traded till now. It has touched an intraday high of Rs 1540.60 and an intraday low of Rs 1507.20. The HDFCBANK trading at 1519.60, Down by Rs. -12.65, or -0.83 percent which suggests that most of the Traders are anticipating that the price of HDFCBANK share should go Down.

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 Down by -0.83%. HDFCBANK share price short term trend is Down. It suggests that HDFCBANK Share Price for Tomorrow remains the same with VWAP at 1521.12 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

 1519.60

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
551.6

*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: @1529.5

HDFCBANK Moving Averages

BUY (13) NEUTRAL (0) SELL (1)
MA Simple Action S1 Expo Action E2
MA_5 1513.87 BUY 1517.17 BUY
MA_12 1516.57 BUY 1511.61 BUY
MA_20 1511 BUY 1504.33 BUY
MA_32 1483.7 BUY 1493.46 BUY
MA_50 1464.09 BUY 1490.64 BUY
MA_100 1507.9 BUY 1500.4 BUY
MA_200 1547.43 SELL 1527.83 BUY

HDFCBANK Trend Oscillators

BUY (2) NEUTRAL (1) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 1511 Uptrend
MACD -1.62 SELL
ADX 21.3 NO or Weak Trend
DMI (+/-) 24.7 / 14.33 Uptrend

HDFCBANK Momentum Oscillators

BUY (3) NEUTRAL (9) SELL (0)
Momentum Oscillators Value Action
RSI 59.56 Neutral
STOCHASTIC_K (Fast) 65.77 Neutral
STOCHASTIC_D (Slow) 41.19 Neutral
CCI 19.78 Neutral
PSAR 1486.24 BUY
TRUE RANGE 27.9 Neutral
ATR 25.66 Neutral
WILLIAMS R -36.16 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 46.68 Neutral
MOMENTUM 104.1 BUY

HDFCBANK Last 1 Year Trend

Duration Value
1 Year -8.09%
3 Months 3.42%
1 Month 7.3%
1 Week 1.14%

HDFCBANK Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 60%
NEUTRAL / HOLD 33%
SELL 7%

Most popular Questions & Answers about HDFCBANK


HDFC Bank Ltd. stock last traded price is 1519.60. HDFCBANK share price moved Down by -0.83% from its previous close of Rs 1532.25.

HDFC Bank Ltd. share price trend is Down with a total of 15932621 stocks traded till now. It has touched an intraday high of Rs 1775.075 and an intraday low of Rs 1507.20. The HDFCBANK trading at 1519.60, Down by Rs. -12.65, or -0.83 percent which suggests that most of the Traders are anticipating that the price of HDFCBANK share should go Down and the Stop Loss will be around 1521.12.

The market cap of HDFC Bank Ltd. is ₹818707 (in Cr) as of May 03, 2024.

The current price to earning ratio for HDFC Bank Ltd. as of May 03, 2024 is 18.55.

The current price to book ratio for HDFC Bank Ltd. as of May 03, 2024 is 2.74.

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 ₹1519.60, Down by Rs. -12.65, or -0.83 percent which suggests that most of the traders are anticipating that the price of HDFCBANK share should go Down.

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 80.00. HDFC Bank Ltd. book value per share as of today is 554.36. The current price to book ratio for HDFCBANK as of May 04, 2024 is 2.74.


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 1519.60 80 554.36
ICICIBANK 1142.05 58.2 280.27
KOTAKBANK 1546.70 66.12 417.62
AXISBANK 1141.50 80.53 406.25
INDUSINDBK 1483.70 114.99 697.38
BANDHANBNK 187.60 18.52 121.57
AUBANK 645.00 20.66 148.82
YESBANK 24.95 0.42 13.33
IDFCFIRSTB 80.90 4.18 39.63
FEDERALBNK 165.95 11.55 107.29
Updated at: 03 May 2024 15:59

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