In this article, we will explore the HDFC Bank Share Price Target for 2024, 2025, 2026 to 2030. But before diving into the predictions, let’s take a look at the company and its core values.
By Pradeep Saran, September 23, 2024
About HDFC Bank
HDFC Bank is one of India’s leading private sector banks by assets. It was established as a subsidiary of the Housing Development Finance Corporation (HDFC), a prominent housing finance provider in India. The bank was incorporated in 1994 and was founded by Hansmukhbhai Parekh.
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Vision, Mission, and Values
HDFC Bank aims to be a world-class Indian bank with two main objectives:
- To be the preferred provider of banking services for target retail and wholesale customer segments.
- To achieve healthy growth in profitability, consistent with the bank’s risk appetite.
The bank emphasizes five core values:
- Operational Excellence
- Customer Focus
- Product Leadership
- People
- Sustainability
Company Profile
- Traded As: NSE: HDFCBANK | BSE: 500180 | NYSE: HDB (ADS)
- ISIN: INE040A01034
- Founded: August 1994
- Headquarters: Mumbai, Maharashtra, India
- CEO: Sashidhar Jagdishan
- Subsidiaries: HDFC Life, HDFC ERGO, HDFC Securities, HDFC Mutual Fund, HDB Financial Services, HDFC Asset Management Company, HDFC Credila Financial Services
- Website: hdfcbank.com
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HDFC Bank Ltd. Fundamentals
Fundamental Analysis Source: Groww.comHDFC Bank is renowned for its innovative banking solutions, being the first in India to introduce an International Debit Card, Mobile Banking, and 24×7 Phone Banking.
Key Points of the Article
- Steady Growth: HDFC Bank has shown consistent growth in profitability and market value, making it a reliable investment option.
- Share Price Targets: Predictions for HDFC Bank share prices from 2024 to 2030, with expected fluctuations based on market conditions.
- Comprehensive Analysis: In-depth analysis of HDFC Bank’s financial performance, market position, and future prospects.
- Risk Factors: Potential risks include market volatility, changes in banking regulations, and economic downturns.
- Investment Advice: Investors should consider long-term growth prospects and consult financial advisors before making investment decisions.
HDFC Bank Share Price Target 2024
| Month (2024) | Maximum Target | Minimum Target |
|---|
| January | ₹1,840 | ₹1,600 |
| February | ₹1,880 | ₹1,660 |
| March | ₹2,025 | ₹1,940 |
| April | ₹2,105 | ₹1,620 |
| May | ₹2,225 | ₹1,940 |
| June | ₹2,145 | ₹1,665 |
| July | ₹2,360 | ₹1,875 |
| August | ₹2,480 | ₹1,910 |
| September | ₹2,720 | ₹2,245 |
| October | ₹2,965 | ₹2,355 |
| November | ₹3,125 | ₹2,400 |
| December | ₹3,285 | ₹2,470 |
Summary: The HDFC Bank share price target for 2024 is expected to be between ₹1,600 to ₹3,285.
One Year HDFC Bank Stock Chart
HDFC Bank Share Price Target 2025
| Month (2025) | Maximum Target | Minimum Target |
|---|
| January | ₹3,300 | ₹2,450 |
| February | ₹3,470 | ₹2,580 |
| March | ₹3,640 | ₹2,710 |
| April | ₹3,160 | ₹2,420 |
| May | ₹2,875 | ₹2,200 |
| June | ₹3,160 | ₹2,420 |
| July | ₹3,010 | ₹2,310 |
| August | ₹3,135 | ₹2,405 |
| September | ₹3,290 | ₹2,525 |
| October | ₹3,485 | ₹2,675 |
| November | ₹3,730 | ₹2,860 |
| December | ₹3,805 | ₹2,920 |
Summary: Analysts predict HDFC Bank share price target for 2025 to be between ₹2,450 to ₹3,805, considering current growth trends.
HDFC Bank Share Price Target 2026 to 2030
| Year | Maximum Target | Minimum Target |
|---|
| 2026 | ₹2,660 | ₹1,860 |
| 2027 | ₹2,260 | ₹1,580 |
| 2028 | ₹4,065 | ₹2,845 |
| 2029 | ₹8,350 | ₹5,845 |
| 2030 | ₹9,300 | ₹6,510 |
Summary: Predictions for HDFC Bank’s share price target from 2026 to 2030 range from ₹1,860 to ₹9,300, indicating potential for significant growth.
HDFC Bank Financial Performance
| Fiscal Period | 2024 | 2023 |
|---|
| Interest Income Bank | ₹2,83,649.02 | ₹1,70,754.05 |
| Total Interest Expense | ₹1,54,138.55 | ₹77,779.94 |
| Net Interest Income | ₹1,29,510.47 | ₹92,974.11 |
| Loan Loss Provision | ₹25,018.28 | ₹13,558.03 |
| Net Interest Income After Loan Loss Prov | ₹1,04,492.19 | ₹79,416.08 |
| Non-Interest Income Bank | ₹1,24,345.75 | ₹33,912.05 |
| Non-Interest Expense Bank | ₹1,52,269.34 | ₹51,829.74 |
| Net Income Before Taxes | ₹76,568.60 | ₹61,498.39 |
| Provision for Income Taxes | ₹11,122.10 | ₹15,349.69 |
| Net Income After Taxes | ₹65,446.50 | ₹46,148.70 |
Key Financial Highlights
- Total assets increased from ₹21,22,934 crore in 2022 to ₹25,30,432 crore in 2023.
- Revenue grew to ₹2,04,666 crore in 2023, indicating a positive growth trend.
- Expenses rose to ₹1,43,167 crore in 2023, up from ₹1,16,822 crore in 2022.
- Net profit for 2023 stood at ₹46,148 crore, showing strong profitability.
HDFC Bank Shareholding Pattern
- Promoters: 0%
- Public: 74.52%
- Institutions: 21.93%
- Others: 3.55%
Advantages of Investing in HDFC Bank
- Strong Financials: Consistent growth in revenue and profit.
- Innovative Solutions: First to launch International Debit Card, Mobile Banking.
- Global Presence: Operations in several countries including Bahrain, Hong Kong, Dubai, and the U.S.
Disadvantages of Investing in HDFC Bank
- High Debt: Significant amount of liabilities.
- Market Dependency: Sensitive to economic downturns and market conditions.
Conclusion
HDFC Bank is a reliable investment option with strong financial performance and a solid market presence. However, investors should be mindful of market conditions and consult with financial advisors before making investment decisions.
FAQs
Who is the CEO of HDFC Bank?
Mr. Sashidhar Jagdishan is the CEO of HDFC Bank.
What is the full form of HDFC Bank?
Housing Development Finance Corporation is the full form of HDFC Bank.
What is the HDFC Bank Share Price Target for 2024?
The share price target for 2024 is expected to be between ₹1,600 to ₹3,285.
What is the HDFC Bank Share Price Target for 2025?
The share price target for 2025 is expected to be between ₹2,450 to ₹3,805.
What is the HDFC Bank Share Price Target for 2030?
The share price target for 2030 is expected to be between ₹6,510 to ₹9,300.
For more detailed information, please visit HDFC Bank Official Website.
Note: This forecast is based on available information and analysis. Actual stock prices can be influenced by various factors, including geopolitical events, unforeseen circumstances, and changes in market sentiment. It is essential to conduct thorough research and consider multiple factors before making any investment decisions.
Note: This is just an estimate that the share target of HDFC Bank can be this much. If you want to invest then talk to an advisor and then invest. www.Homedecore24.com will not take any responsibility if your money is lost. Please invest money at your own risk.
