In this article, we are going to see HDFC Bank share price and target. HDFC Bank is one of the largest and most prominent banks in India, headquartered in Mumbai. It offers a range of financial products and services for individuals and businesses, including personal finance, banking, wealth management, loans and credit cards. From last three years (from jan-2021), HDFC Bank is in range of 1300 to 1800. I believe its healthy time correction, once this stock breaks its resistence you can see some good movement in this stock, so that’s why I choose this stock to invest for long term. Not only this but major reason is fundamentally hdfc bank is really strong and it is dominant in financial and in banking sector.
HDFC Bank Share Price and Targets
As of today, HDFC Bank’s share price is around ₹1,708.50, reflecting a 0.81% increase. The stock opened at ₹1,699.20, reached a high of ₹1,719.00, and had a low of ₹1,699.15 during the trading session. We are going to see what are the upcoming targets for hdfc bank share. In this article I am going to consider long term horizon and will calculate 10 year, 20 years and 25 years ahead targets. Predicting the exact share price target for HDFC Bank is challenging due to the various factors influencing stock prices, including market conditions, economic policies, government policies, and global events. However, analysts often provide a range of potential price targets based on current trends, financial performance, and future growth prospects.
HDFC Bank Share Price Target for Next 10 Years
The hdfc bank is one of the largest companies in India by valuation. It holds a major place in both institutional and retail portfolios. As we discussed from last three years it has not given good returns but if you know the concept of sector rotation cycle of market then their is high chances that banking sector will perform good as compared to other and in next 10 years stock will be multifold. As per analyst, HDFC Bank share price target for 2025 will be fall in range of 2450 to 2500. By 2030, It will lie in between 3000 to 3100. From todays date to next 10 years HDFC Bank share price target will be in a range of 3500 to 3580.
HDFC Bank Share Price Target for 2050
As we know HDFC Bank goals are focused on growth, innovation, and maintaining its leadership in the Indian banking sector. If it shows the continuous growth in future then the stock has more potential to go up. Analyst says that stock has more potential and once it breaks the resistence level it will grow massively and on ground level HDFC bank is doing good so fundamentally also its strong. Hdfc bank share price target for 2050 will be in a range of 5000 to 5200.
HDFC Bank Shareholding
As of the most recent filings, HDFC Bank’s shareholding structure is divided among different categories, including promoters, institutional investors, retail investors, and others. In this FII owns 47.2%, DII holds 35.5% and Public holds 17.4% as of Jun-2024.
HDFC Bank Financial Details
|
Parameters |
Details |
|
Market Cap |
Rs 13.433 trillion As of Sept-2024 |
|
P/E Ratio |
21.4 |
|
Price-to-book (P/B) ratio |
2.70 |
|
Earnings per share |
89.38 |
|
Face value |
1.00 |
|
Dividend Yield |
1.16% |
|
52 Week High |
1794.00 |
|
52 Week Low |
1363.55 |
FAQ’s
- What is the current price of HDFC Bank shares?
- Current price of HDFC Bank is 1708.50 in NSE and 1708.15 in BSE.
- Is HDFC Bank a good stock to invest in for the long term?
- Yes, HDFC Bank is generally considered a good long-term investment due to its strong fundamentals, consistent growth, and leadership position in the Indian banking sector.
- What are the future growth prospects of HDFC Bank?
- HDFC Bank is well-positioned for future growth due to its strong market presence, robust financial performance, and strategic focus on digital banking and technology adoption. With a growing middle class and increasing financial inclusion in India, the bank is likely to benefit from higher demand for banking services. Additionally, its commitment to expanding its branch network and digital capabilities will further support its growth trajectory.
- Who is the owner of HDFC bank?
- HDFC Bank founded in 1977 by Hasmukhbhai Parekh.
- Who is the CEO of HDFC bank?
- Currently Sashidhar Jagdishan is the CEO of HDFC Bank.
- What is the official website of HDFC Bank?
- The official website is https://www.hdfcbank.com/
Disclaimer
The information provided in this article is for educational purpose only and does not constitute financial advice. Investors should research and consult with a financial advisor before making investment decisions. In this article we are just providing the expected result on the basis of past returns, so don’t consider it as a advise just learn from this article. To know more about investment and finances, Click here.