HDFCBANK

HDFC BANK

Large Cap BSE: 500180 NSE: HDFCBANK
₹1597.85
-2.4 (-0.15%)
As on 29 November, 2022 | 19:58

Hdfc Bank Performance

Day Range

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52 Week Range

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Hdfc Bank Share Price

Hdfc Bank Share Returns

  • Over 1 Month 9.54%
  • Over 3 Month 11.01%
  • Over 6 Month 14.78%
  • Over 1 Year 6.43%

Hdfc Bank Key Statistics

P/E Ratio 21.3
PEG Ratio 1
Market Cap Cr 890,949
Price to Book Ratio 3.6
EPS 66.3
Dividend 1
Relative Strength Index 61.42
Money Flow Index 74.35
MACD Signal 37.32
Average True Range 25.52

Hdfc Bank Investment Rating

  • Master Rating:
  • Hdfc Bank has an operating revenue of Rs. 180,709.83 Cr. on a trailing 12-month basis. An annual revenue growth of 8% is good, Pre-tax margin of 30% is great, ROE of 15% is good. The stock from a technical standpoint is comfortably placed above its key moving averages, around 6% and 11% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 7% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 90 which is a GREAT score indicating consistency in earnings, a RS Rating of 57 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 40 indicates it belongs to a strong 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 is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

HDFC Bank Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 38,58635,17233,44932,46831,35330,48330,424
Operating Expenses Qtr Cr 11,22510,50210,1539,8519,2788,1609,181
Operating Profit Qtr Cr 9,7978,9808,7208,5928,4078,8497,939
Depreciation Qtr Cr 0000000
Interest Qtr Cr 17,56515,69114,57614,02513,66913,47413,303
Tax Qtr Cr 3,5462,9842,9893,4403,0482,5772,653
Net Profit Qtr Cr 10,6069,19610,05510,3428,8347,7308,187

Hdfc Bank Technicals

EMA & SMA

Current Price
1597.85
-2.4 (-0.15%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 1574.19
  • 50 Day
  • 1522.38
  • 100 Day
  • 1485.76
  • 200 Day
  • 1436.26
  • 20 Day
  • 1575.83
  • 50 Day
  • 1497.34
  • 100 Day
  • 1469.38
  • 200 Day
  • 1435.28

Hdfc Bank Resistance and Support

PIVOT
₹1600.59
Resistance
First Resistance 1607.12
Second Resistance 1613.99
Third Resistance 1620.52
RSI 61.42
MFI 74.35
MACD Single Line 37.32
MACD 34.86
Support
First Resistance 1593.72
Second Resistance 1587.19
Third Resistance 1580.32

Hdfc Bank Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 8,562,579 592,444,841 69.19
Week 6,310,376 434,532,519 68.86
1 Month 7,908,579 495,709,722 62.68
6 Month 6,738,368 426,538,724 63.3

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. 127753.12 Cr. and Equity Capital is Rs. 554.55 Cr. for the Year ended 31/03/2022. 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 891,935
Sales 169,480
Shares in Float 440.50
No of funds 2305
Yield 0.97
Book Value 3.7
U/D Vol ratio 0.9
LTDebt / Equity 77
Alpha
Beta 1.01

HDFC Bank

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 25.64%25.73%25.78%
Mutual Funds 18%18.03%16.28%
Insurance Companies 7.87%0.73%0.59%
Foreign Portfolio Investors 32.14%32.31%35.62%
Financial Institutions/ Banks 0.08%0.04%0.04%
Individual Investors 11.74%12.33%11.49%
Others 4.53%10.83%10.2%

HDFC Bank Management

Name Designation
Mr. Atanu Chakraborty Part Time Chairman & Independent Director
Mr. Sashidhar Jagdishan Managing Director & CEO
Mr. Kaizad Bharucha Executive Director
Mrs. Renu Karnad Non Executive Director
Mrs. Lily Vadera Independent Director
Mr. Sanjiv Sachar Independent Director
Mr. Malay Patel Independent Director
Mr. M D Ranganath Independent Director
Mr. Umesh Chandra Sarangi Independent Director
Mr. Sandeep Parekh Independent Director
Ms. Sunita Maheshwari 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
2022-10-15 Quarterly Results
2022-07-16 Quarterly Results
2022-04-23 Final Dividend
2022-04-16 Audited Results & Others Inter alia, to consider and approve raising of funds by issuing Perpetual Debt Instruments (part of Additional Tier I capital), Tier II Capital Bonds and Long Term Bonds. per share(650%)Dividend
2022-01-15 Quarterly Results
Date Purpose Remarks
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/- .

HDFC Bank MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 151468
SBI S&P BSE Sensex ETF 83302
SBI Equity Hybrid Fund Regular Payout Inc Dist cum Cap Wdrl 56730
HDFC Balanced Advantage Fund Growth 49709
ICICI Prudential Balanced Advantage Fund Growth 44002

About Company

HDFC Bank or Housing Development Finance Corporation Bank is a leading banking and financial services company in India. Founded in August 1994, the company's current headquarters is in Mumbai. With a history spanning almost three decades, HDFC bank ranks first in the private bank sector by assets in India. This bank is touted as the new generation private sector bank that provides its customers with a range of banking services. HDFC bank offers commercial and investment banking and transactional and branch banking. In short, HDFC bank encompasses both the wholesale and retail trajectories. The company has various branches within and outside India. Two wholesale banking branches are located in Bahrain and Hong Kong, and three representative offices are in Abu Dhabi, Kenya and UAE. As of June 2019, the distribution network of HDFC bank was about 5000+ branches across 2,764 cities.

Besides its achievements in terms of services it renders, HDFC Bank is also listed as the 15th largest employer in India. As of 2020, the bank is home to nearly 1,20,000 employees. Some of the common services rendered by HDFC bank include:


1. Wholesale and corporate banking

2. Retail banking

3. Treasury

4. Consumer loans (durable loans, lifestyle loans, etc.)

5. Credit cards

6. Digital product services (Payzapp and SmartBuy)

Company History

The history of HDFC bank can be traced back to August 1994. This bank was incorporated as a subsidiary of the Housing Development Finance corporation, which was involved in providing house loan facilities. The headquarters is currently operational from its full-service branch in Mumbai, Maharashtra.
 

Major Timelines

1995 - HDFC bank commenced operations from the Ramon House Churchgate branch as a scheduled commercial bank.

1995-96 - Listing of HDFC bank in the Bombay Stock Exchange and the National Stock Exchange. The next year HDFC was listed as the clearing bank by the NSCCL.

1999 - Launch of online real-time net banking services.

2000 - Merger of HDFC bank with the Times Bank. This merger was the first of its kind between two private banks in the category of New Generation private sector banks.

2001- Launch of credit card business and listing on the New York Stock Exchange. HDFC also became the first private sector bank to be authorized by the Central Board of Direct Taxes (CBDT) and the first bank for RBI to accept direct taxes.

2008- Acquisition of Centurion Bank of Punjab at around USD 95.1 billion. 2015- Launched 10-seconds personal loan approval service. This service made HDFC the first retail bank that fully automated the loan approval procedures.
2021 - 9.99% stake in FERBINE (a pan-India entity for retail payment promoted by Tata Group).

September 2021- HDFC bank partnership with Paytm for launching a range of credit cards powered by VISA.

Board of Directors

The Board of Directors at the HDFC bank is responsible for making critical decisions related to bank requirements and service facilities. This board of directors is governed and functions according to the provision of the 2013 Companies Act, 1949 Banking Regulation Act, and other Stock Exchanges where the bank is presently listed. The number of directors is subject to the approval of the shareholders.

There are 11 directors with five different designations, including, Chairman, Independent Director, Non-Executive Director, Additional Independent Director, Managing Director & Chief Executive officer, and Executive Director. While the managing director is Shri. Shashidhar Jagdishan.

Milestones

HDFC bank has won numerous accolades both at national and international levels. Some of the significant achievements of this bank (in the past five years) are

2016 - Best Banking Performer from the 2016 Global Brands Magazines.; J.P Morgan Quality Recognition Awards; Listed as the best managed public company as per the FinanceAsia Poll.

2018 - Company of the Year Award from the Economic Times; Aadhar Excellence Awards, National Payment Excellence Awards.

2019 - FE Best Bank Awards, First ranked in 2019 BrandZ top 75, Euromoney Awards for excellence, Dun & Bradstreet BFSI Awards, Listed as the best bank in India as per the Global Magazine FinanceAsia poll, CNBC TV18 Financial Advisor Awards.

2020 - Euromoney Awards for Best Bank in India, Finance Asia Country Awards.

2021 - Ranked 1 in Mass Affluent company at Euromoney Awards, Finance Asia Country Awards, Asiamoney Best bank award.

HDFC Bank FAQs

What is Share Price of HDFC Bank ?

HDFC Bank share price is ₹1597 As on 29 November, 2022 | 19:44

What is the Market Cap of HDFC Bank ?

The Market Cap of HDFC Bank is ₹890948.6 Cr As on 29 November, 2022 | 19:44

What is the P/E ratio of HDFC Bank ?

The P/E ratio of HDFC Bank is 21.3 As on 29 November, 2022 | 19:44

What is the PB ratio of HDFC Bank ?

The PB ratio of HDFC Bank is 3.6 As on 29 November, 2022 | 19:44

How to Buy HDFC Bank Share?

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 the CEO of HDFC Bank 2021?

Sashidhar Jagdishan has been the CEO of HDFC Bank since 27 Oct 2020.

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.

Q2FY23