HDFCBANK

HDFC Bank Share Price

₹1,668.8
-2.15 (-0.13%)
18 September, 2024 02:43 BSE: 500180 NSE: HDFCBANK ISIN: INE040A01034

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HDFC Bank Performance

Day Range

  • Low 1,664
  • High 1,678
₹ 1,668

52 Week Range

  • Low 1,364
  • High 1,794
₹ 1,668
  • Open Price1,678
  • Previous Close1,671
  • Volume10063561

HDFC Bank Chart

  • Over 1 Month + 2.25%
  • Over 3 Month + 4.5%
  • Over 6 Month + 14.88%
  • Over 1 Year + 0.42%

HDFC Bank Key Statistics

P/E Ratio 18.7
PEG Ratio 0.5
Market Cap Cr
Price to Book Ratio 2.8
EPS 79.7
Dividend 1.2
Relative Strength Index 60.77
Money Flow Index 87.24
MACD Signal 6.17
Average True Range 19.68

Hdfc Bank Investment Rating

  • Master Rating:
  • Hdfc Bank has an operating revenue of Rs. 463,969.97 Cr. on a trailing 12-month basis. An annual revenue growth of 99% is outstanding, Pre-tax margin of 19% is great, ROE of 14% is good. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 8% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 6% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 60 which is a FAIR score but needs to improve its earnings, a RS Rating of 28 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 158 indicates it belongs to a poor industry group of Banks-Money Center and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

HDFC Bank Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 73,03371,47370,58367,69848,58745,119
Operating Expenses Qtr Cr 16,62117,96915,96115,39914,05713,462
Operating Profit Qtr Cr 23,88529,27423,64722,69418,77218,621
Depreciation Qtr Cr 000000
Interest Qtr Cr 43,19642,39642,11140,31324,98821,768
Tax Qtr Cr 5,108-7493,0583,8143,9603,888
Net Profit Qtr Cr 16,17516,51216,37315,97611,95212,047
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 307,582192,800
Operating Expenses Annual Cr 63,38647,652
Operating Profit Annual in Cr 94,38770,405
Depreciation Cr 2,8102,242
Interest Annual Cr 149,80874,743
Tax Annual Cr 10,08314,377
Net Profit Annual Cr 64,38244,109
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 35,01527,313
Cash from Investing Activity Annual Cr 7,094-2,429
Cash from Financing Annual Activity Cr -22,23716,122
Net Cash Flow Annual Cr 19,87241,006
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 440,246280,199
Fixed Assets Annual Cr 11,3998,017
Total Non Current Assets Annual Cr 00
Total Current Assets Annual Cr 2,903,8091,941,063
Total Assets Annual Cr 3,617,6232,466,081
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 580502
ROE Annual % 1516
ROCE Annual % 76
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 00
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 81,54679,43478,00875,03951,16847,548
Operating Expenses Qtr Cr 46,54749,12845,92642,03815,17814,591
Operating Profit Qtr Cr 25,87031,57225,84724,27919,88919,962
Depreciation Qtr Cr 000000
Interest Qtr Cr 44,58043,69243,24241,25025,95522,606
Tax Qtr Cr 5,539-2513,5253,6554,1934,149
Net Profit Qtr Cr 16,47517,62217,25816,81112,37012,594
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 407,995204,666
Operating Expenses Annual Cr 152,26951,534
Operating Profit Annual in Cr 101,58775,352
Depreciation Cr 3,0922,345
Interest Annual Cr 154,13977,780
Tax Annual Cr 11,12215,350
Net Profit Annual Cr 64,06245,997
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 19,06920,814
Cash from Investing Activity Annual Cr 5,314-3,424
Cash from Financing Annual Activity Cr -3,98323,941
Net Cash Flow Annual Cr 20,40041,330
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 456,395289,438
Fixed Assets Annual Cr 12,6048,431
Total Non Current Assets Annual Cr 00
Total Current Assets Annual Cr 3,011,9092,010,419
Total Assets Annual Cr 4,030,1942,530,432
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 601519
ROE Annual % 1416
ROCE Annual % 76
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 00

HDFC Bank Technicals

EMA & SMA

Current Price
₹1,668.8
-2.15 (-0.13%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹1,647.83
  • 50 Day
  • ₹1,632.55
  • 100 Day
  • ₹1,605.83
  • 200 Day
  • ₹1,581.38
  • 20 Day
  • ₹1,643.70
  • 50 Day
  • ₹1,632.41
  • 100 Day
  • ₹1,596.89
  • 200 Day
  • ₹1,560.19

HDFC Bank Resistance and Support

PIVOT
₹1,670.32
Resistance
First Resistance 1,676.48
Second Resistance 1,684.17
Third Resistance 1,690.33
RSI 60.77
MFI 87.24
MACD Single Line 6.17
MACD 9.40
Support
First Support 1,662.63
Second Support 1,656.47
Third Supoort 1,648.78

HDFC Bank Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 10,404,766 590,054,280 56.71
Week 11,782,726 655,355,231 55.62
1 Month 23,897,924 1,554,559,983 65.05
6 Month 21,989,524 1,290,565,143 58.69

HDFC Bank Result Highlights

HDFC Bank Synopsis

NSE-Banks-Money Center

Hdfc Bank is involved in the business activities of Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses. Company’s Total Operating Revenue is Rs. 258340.58 Cr. and Equity Capital is Rs. 759.69 Cr. for the Year ended 31/03/2024. HDFC Bank Ltd. is a Public Limited Listed company incorporated on 30/08/1994 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L65920MH1994PLC080618 and registration number is 080618.
Market Cap 1,274,306
Sales 333,466
Shares in Float 762.62
No of funds 3838
Yield 1.17
Book Value 2.88
U/D Vol ratio 0.7
LTDebt / Equity 150
Alpha -0.08
Beta 0.85

HDFC Bank Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters
Mutual Funds 24.83%23.17%19.45%19.71%
Insurance Companies 8.21%8.11%9.07%8.74%
Foreign Portfolio Investors 47.17%47.83%52.29%52.11%
Financial Institutions/ Banks 0.01%0.1%
Individual Investors 13.56%14.55%13.06%13.38%
Others 6.23%6.33%6.13%5.96%

HDFC Bank Management

Name Designation
Mr. Atanu Chakraborty Part Time Chairman & Independent Director
Mr. Sashidhar Jagdishan Managing Director & CEO
Mr. Kaizad Bharucha Deputy Managing Director
Mr. Keki Mistry Non Exe.Non Ind.Director
Mrs. Renu Karnad Non Exe.Non Ind.Director
Mr. M D Ranganath Independent Director
Mr. V Srinivasa Rangan Executive Director
Mr. Sandeep Parekh Independent Director
Dr.(Mrs.) Sunita Maheshwari Independent Director
Mrs. Lily Vadera Independent Director
Mr. Bhavesh Zaveri Executive Director
Dr. Harsh Kumar Bhanwala Independent Director

HDFC Bank Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

HDFC Bank Corporate Action

Date Purpose Remarks
2024-10-19 Quarterly Results
2024-07-20 Quarterly Results
2024-04-20 Audited Results, Final Dividend & Others Inter alia, may consider annual renewal of issuance of Long-Term Bonds (Financing of Infrastructure & Affordable Housing), Perpetual Debt Instruments (part of Additional Tier I & Tier II capital bonds alia, proposes to raise funds by issuing Perpetual Debt Instruments (part of Additional Tier I capital), Tier II Capital Bonds and Long-Term Bonds up to total amount of Rs. 50,000 crores.
2024-01-16 Quarterly Results
2023-10-15 Quarterly Results
Date Purpose Remarks
2024-05-10 FINAL Rs.19.50 per share(1950%)Final Dividend
2023-05-16 FINAL Rs.19.00 per share(1900%)Final Dividend
2022-05-13 FINAL Rs.15.50 per share(1550%)Dividend
2021-06-30 FINAL Rs.6.50 per share(650%)Dividend
Date Purpose Remarks
2019-09-20 Split Rs.0.00 split from Rs. 2/- to Re. 1/- .

About HDFC Bank

One of the first organizations to obtain "in principle" approval from the Reserve Bank of India (RBI) to establish a private sector bank was Housing Development Finance Corporation Limited (HDFC). Founded in August 1994 under name "HDFC Bank Limited," HDFC Bank is a publicly traded financial institution with its main office located in Mumbai, India. Its activities encompass a variety of banking & financial services, such as wholesale, retail, & treasury operations banking. HDFC Ltd., which held 19.32% ownership as of September 30, 2020, is one promoting it. At the moment, India's biggest private sector bank is HDFC Bank Ltd. (HBL).

HDFC bank offers NRI clients offshore deposits, bonds, equity, mutual funds, treasury, & structured products offered by third parties from its Bahrain branch. the bank also maintains offices & branches in Hong Kong, United Arab Emirates, & Kenya. International business balance sheet has value of US$7.66 bn as of March 31, 2022. As of FY22, bank's network has 21,683 banking locations throughout India, including Branches (6342), Business Correspondents (15,431), ATMs/cash deposits, & Withdrawal Machines (18,130). HDFC is major participant in nation's payments ecosystem. HDFC Bank-issued card is used for every third dollar spent on cards in India. They have over 3.21 crore debit cards & 1.45 crore credit cards issued. In terms of acquisition, they now have over 17 lakh merchant acceptance locations throughout country.

They account for around half of all electronic card volumes, giving them commanding market dominance.
 

HDFC Bank FAQs

What is Share Price of HDFC Bank ?

HDFC Bank share price is ₹1,668 As on 18 September, 2024 | 02:29

What is the Market Cap of HDFC Bank ?

The Market Cap of HDFC Bank is ₹1272666.8 Cr As on 18 September, 2024 | 02:29

What is the P/E ratio of HDFC Bank ?

The P/E ratio of HDFC Bank is 18.7 As on 18 September, 2024 | 02:29

What is the PB ratio of HDFC Bank ?

The PB ratio of HDFC Bank is 2.8 As on 18 September, 2024 | 02:29

How to buy HDFC Bank shares?

You can buy the HDFC bank share at 5Paisa Stock by simply creating a demat account. Once you create the account, ensure that your KYC is done to proceed further.

What is the HDFC Bank share price target for the long term?

The share price of HDFC bank seems to be only strengthening. Around 93% of the expert analysts recommend buying the HDFC share.

If I sell my HDFC share, how much time will it take me to withdraw my funds?

When you sell your equities on a Demat account, you need to wait for 2-3 days of the settlement period before you can withdraw your funds. 

What is the CAGR of HDFC Bank?

HDFC Bank's CAGR for 10 Years is at 22%, 5 Years at 21%, 3 Years at 15%, and 1 Year at 9%.

Who is HDFC Bank’s chairman?

Atanu Chakraborty is HDFC Bank’s chairman.

Is investing in HDFC Bank Safe?

On a trailing 12-month basis, HDFC Bank has an operating revenue of INR 161,118.21 Cr. Annual revenue growth of 6% is not impressive, but the pre-tax margin of 27% is impressive, and the ROE of 15% is satisfactory.

What are most important metrics that can help to analyse share price of HDFC?

Considering banking sector, Capital Adequacy Ratio, Net Interest Margin, Gross NPA, Net NPA, CAS Ratio, Cost to Income ratio. These provide insight into company valuation, profitability, debt levels, & historical returns.

How can you buy shares from HDFC Bank?

To buy HDFC shares, open 5paisa account, fund it, search for HDFC, place buy order, & confirm.

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