HDFC Bank Ltd is one of India’s largest and most trusted private sector banks. Founded in 1994, the bank provides a wide range of financial services, including retail banking, wholesale banking, and treasury operations. Known for its strong focus on customer service, digital innovation, and consistent financial performance, HDFC Bank has a vast network of branches and ATMs across India. HDFC Bank Share Price on NSE as of 30 October 2024 is 1,737.00 INR. Here will provide you more details on HDFC Bank Share Price Target 2024, 2025, 2026 to 2030.
HDFC Bank Ltd: Market Overview
- Open Price: ₹1,742.00
- High Price: ₹1,754.75
- Low Price: ₹1,724.20
- Previous Close: ₹1,751.85
- Volume: 16.45M
- P/E ratio: 19.16
- Div yield: 1.12%
- 52-wk high: ₹1,794.00
- 52-wk low: ₹1,363.55
- Mkt cap: ₹13.25LCr
HDFC Bank Ltd Competitors
Here are five competitors of HDFC Bank Ltd with their approximate market capitalizations:
- State Bank of India (SBI)
Market Capital: ₹570,000 Crores - ICICI Bank Ltd
Market Capital: ₹620,000 Crores - Axis Bank Ltd
Market Capital: ₹290,000 Crores - Kotak Mahindra Bank Ltd
Market Capital: ₹360,000 Crores - IndusInd Bank Ltd
Market Capital: ₹110,000 Crores
HDFC Bank Share Price Chart
HDFC Bank Share Price Target Tomorrow 2024 To 2030
HDFC Bank Share Price Target Years | SHARE PRICE TARGETÂ |
2024 | ₹1845 |
2025 | ₹2052 |
2026 | ₹2115 |
2027 | ₹2255 |
2028 | ₹2344 |
2029 | ₹2465 |
2030 | ₹2535 |
HDFC Bank Share Price Target 2024
HDFC Bank share price target 2024 Expected target could be ₹1845. Here are three key risks and challenges that could affect HDFC Bank’s share price target in 2024:
- Regulatory Changes: Any unexpected regulatory changes or stricter banking guidelines by the Reserve Bank of India (RBI) could impact the bank’s profitability and operations. Compliance with new rules may require additional costs or operational adjustments, potentially affecting growth.
- Rising Interest Rates: If interest rates rise significantly, it could lead to increased borrowing costs for customers, potentially slowing down loan growth. This may also affect the bank’s net interest margins, a key factor in its profitability.
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Asset Quality Concerns: Economic slowdown or disruptions in key sectors like real estate and infrastructure could lead to an increase in non-performing assets (NPAs). Higher NPAs would impact the bank’s balance sheet, leading to provisions and a potential decline in profitability.
HDFC Bank Share Price Target 2025
HDFC Bank share price target 2025 Expected target could be ₹2052. Here are three potential risks and challenges for HDFC Bank’s share price target in 2025:
- Intensified Competition: With the rise of fintech companies and digital banks, HDFC Bank faces growing competition in the retail and digital banking space. Increased pressure to innovate and retain market share could impact profitability if the bank needs to invest heavily in technology upgrades.
- Economic Slowdown: A prolonged economic slowdown or global recession could affect key sectors like retail lending, corporate loans, and small businesses. This would lead to reduced demand for loans, impacting revenue growth and increasing the risk of defaults.
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Global Economic Risks: Geopolitical tensions, global inflation, or supply chain disruptions could negatively affect businesses in India. These global factors could create instability in the financial markets, influencing investor sentiment and putting downward pressure on HDFC Bank’s stock performance.
HDFC Bank Share Price Target 2030
HDFC Bank share price target 2030 Expected target could be ₹2535. Here are three potential risks and challenges for HDFC Bank’s share price target in 2030:
- Regulatory Changes: Over time, changes in banking regulations or increased regulatory scrutiny in areas like lending practices, capital adequacy, or digital banking could impact HDFC Bank’s growth strategies. New compliance requirements might increase operational costs and limit flexibility.
- Technological Disruptions: The rapid pace of technological advancements in financial services could pose a challenge. If HDFC Bank fails to adapt to future innovations like blockchain, AI-driven financial services, or decentralized finance (DeFi), it might lose competitive ground to more tech-savvy players.
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Global and Domestic Economic Volatility: Long-term economic uncertainties such as inflation, interest rate fluctuations, or geopolitical crises could impact both the Indian and global economy. Economic downturns could reduce lending demand, increase default risks, and affect overall banking sector performance, including HDFC Bank’s stock price.
HDFC Bank Ltd Shareholding Pattern
- Foreign Institutions:Â 47.17%
- Mutual Funds:Â 24.83%
- Retail And Others:Â 17.35%
- Other Domestic Institutions:Â 10.65%
FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://www.hdfcbank.com/
HDFC Bank Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 2.29T | 102.45% |
Operating expense | 1.52T | 195.48% |
Net income | 640.62B | 39.27% |
Net profit margin | 27.99 | -31.21% |
Earnings per share | 90.01 | 14.10% |
EBITDA | — | — |
Effective tax rate | 14.53% | — |
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