1. HDFC Bank
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92% Buy

HDFC Bank Share Price

HDFCBANK

₹1,512.20-₹19.10 (-1.25%) Past YearLast updated on 22 Apr, 2024 | 03:59 PM IST
₹1,508.30₹1,557.40
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Company overview

About

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Market cap

Market Cap Switch₹11,63,313 Cr

Open

₹1,557.40

Close

₹1,531.30

Circuit range

₹1,684.40 - ₹1,378.20

Day range

₹1,508.30 - ₹1,557.40

Year range

₹1,363.55 - ₹1,757.50

Volume

2,11,49,219

Avg. traded

₹1,519.66

Revenue (12m)

₹2,51,764 Cr

HDFC Bank

Incorporated in 1994, HDFC Bank is the largest commercial bank in India and it has become one among the top five banks in the world by market capitalisation after its acquisition of parent company in April 2022. It has been identified as a domestic systemically important bank (D-SIB) by the Reserve Bank of India (RBI).

HDFC Bank Ltd had a market capitalisation of more than ₹12.53 lakh crore as of December 12, 2023. The HDFC Bank stock price has appreciated more than 19% in the last three years.

Under the RBI’s policy for liberalisation of the banking sector, the Housing Development Finance Corporation Ltd received an “in principle” approval for setting up a bank. Following RBI nod, HDFC Bank came into existence in August 1994, with its registered office in Mumbai, and commenced operations as a scheduled commercial bank from January 1995.

On April 4, 2022, the merger of India’s largest housing finance firm HDFC Ltd and HDFC Bank led to the creation of a financial sector giant.

HDFC Bank’s distribution network included 7,945 branches and 18,183 ATMs in 2,488 cities and towns, as of September 30, 2023.

The bank’s international presence includes branches in 4 countries and 3 representative offices in Dubai, London and Singapore which offer home loan products to Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs).

Over the years HDFC Bank has also diversified into various financial sectors like insurance, mutual funds, asset management and capital market instruments, through its subsidiaries. Its major subsidiaries include HDB Financial Services Limited, HDFC Life Insurance Company Ltd, HDFC ERGO General Insurance Company Ltd, HDFC Asset Management Company Ltd and HDFC Securities Ltd.

Business segments of HDFC Bank

Wholesale banking:

HDFC Bank offers services to large corporations, financial institutions and government entities. Its wholesale banking unit comprises corporate loans, investment banking, treasury services and cash management solutions.

Government and institutional business:

The bank offers services to government entities, public sector undertakings and other institutions. The offerings include payroll services, cash management, tax collection and payments and social security payments.

Retail banking:

The bank serves millions through its products such as savings accounts, current accounts, fixed deposits, loans, credit cards and payment solutions.

Private banking:

High-net-worth individuals are provided help in portfolio management, investment advisory and estate planning through this division.

Payment solutions:

HDFC offers services like online banking, mobile banking, debit/credit cards, prepaid cards and payment gateway solutions.

NRI services:

Under NRI services, the bank offers a host of NRI accounts like savings, current, salary and fixed deposit accounts.

Financial highlights

•The income for FY2022-23 stood at ₹1,92,800.4 crore as against ₹1,57,263 crore in FY22. •Net profit for FY23 stood at ₹44,108.7 crore, up 19.3% year-on-year. •The balance sheet size as of March 31, 2023, was at ₹2,466,081 crore compared to ₹2,068,535 crore in FY22, a growth of 19.2%. •Total deposits stood at ₹1,883,395 crore in FY23, up 20.8%.

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HDFC Bank Key indicators

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52 week high

₹1,757.50

52 week low

₹1,363.55

P/E ratio

17.16

P/B ratio

2.66

ROE

17%

ROCE

15.73%

Dividend yield

1.27%

Debt/Equity ratio

0.74

EPS

79.05

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Investment checklist: (3/6)

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Equity returns

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Dividend returns

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

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Buy

92%

Hold

8%

Sell

0%

This analysis is based on the reviews of 39 experts in the last 7 days

Brands by HDFC Bank

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Payzapp

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SmartBuy

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HDFC Bank

Fundamentals

Financial ratios

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  • Profitability

  • Operational

  • Valuation

Net Interest Margin (NIM)

3.76%

ROA

1.95%

Credit Deposit

84.98%

ROE

17%

Net profit margin

27.3%

EPS

79.05

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HDFC Bank Shareholder returns

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1 day

+2.45%

1 week

-0.33%

1 month

+5.65%

3 months

+4.12%

1 year

-8.07%

3 years

+8.42%

5 years

+33.53%

Revenue statement

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Cash flow

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Balance sheet

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

HDFC Bank Share Price history

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DayOpenCloseDay’s change
Fri, Apr 19 2024
₹1,486.55
₹1,531.30
+2.92%
Thu, Apr 18 2024
₹1,509.80
₹1,494.70
-1.01%
Tue, Apr 16 2024
₹1,487.00
₹1,509.25
+1.47%
Mon, Apr 15 2024
₹1,497.55
₹1,494.70
-0.19%
Fri, Apr 12 2024
₹1,521.00
₹1,518.95
-0.13%
Wed, Apr 10 2024
₹1,549.90
₹1,536.35
-0.88%
Tue, Apr 9 2024
₹1,554.85
₹1,548.55
-0.41%
Mon, Apr 8 2024
₹1,554.95
₹1,546.60
-0.54%

Shareholding info

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Promoters (0%)

Mutual Funds (23.17%)

Retail and other (18.65%)

Foreign institutions-FII (47.83%)

Other domestic institutions (10.34%)

Foreign institutions-FII

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Events

Corporate actions

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  • Dividend • ₹19/share

    Ex date 16 May 2023

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  • Dividend • ₹15.5/share

    Ex date 12 May 2022

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Frequently asked questions