HDFC Bank is a leading private sector bank in India and it has a good track record over the years. The bank stock is highly liquid and we can easily buy and sell its shares in the stock market. The share price has declined since the earnings report for the quarter ending December 2023.
However, the bank is showing an uptrend in the last few months and it is expected to grow further in the next few years. Top market experts say by the end of 2024, the share price can be in the range of Rs 1750.50 to Rs 1850.30.
It has a wide range of financial products and services such as personal banking, corporate banking, loans, credit cards, investments, etc. It is one of the top private banks in India which is showing steady growth and gaining profit in this sector.
The financial industry always involves risk as there is intense competition in the financial market, which can affect its revenues and profits. So, considering all these aspects we will predict the HDFC Bank’s share price for the years 2024, 2025, 2028, 2030 and 2035.
Fundamentals of HDFC Bank
The reported revenue for the quarter of FY 2023-24 is Rs 1,15,016 crore and net profit is Rs 17,718 crore. The net profit margin is 22.11 percent, which is as per the previous report.
HDFC Bank Share Price Target 2024, 2025, 2026, 2028, 2030, 2035
Note: HDFC Bank’s share price target is based on our research and forecasting systems. This is not the exact price, it is the estimated price of HDFC Bank.
| Year | Low | High |
|---|---|---|
| 2024 | ₹1650.20 | ₹2060.00 |
| 2025 | ₹2140.00 | ₹2660.00 |
| 2026 | ₹2535.00 | ₹2850.00 |
| 2027 | ₹2865.00 | ₹3190.00 |
| 2028 | ₹3355.00 | ₹3685.00 |
| 2029 | ₹3695.00 | ₹4025.00 |
| 2030 | ₹4290.00 | ₹4565.00 |
| 2035 | ₹5952.20 | ₹7952.20 |
Note: The target share price is based on its financial results, debt, profitability and other factors. It is only an estimated value that may differ from the actual price. You are advised to do your research and consult with your financial advisor.
2024
As per the expert opinion, the minimum predicted share price of HDFC Bank in 2024 is Rs 1650.20 and the maximum future value is Rs 2060.00.
- Low: ₹1650.20
- High: ₹2060.00
2025
As per current data, records and forecast systems, the minimum target price for HDFC Bank shares is Rs 2140.00, while the maximum target price is Rs 2660.00 by 2025.
- Low: ₹2150.20
- High: ₹2660.00
2026
As per our expert team and forecasting system, the lowest predicted price for HDFC Bank shares in 2026 is Rs 2535.00. At the same time, the maximum target price of HDFC Bank shares can reach Rs 2850.00 by 2026.
- Low: ₹2535.00
- High: ₹2850.00
2027
According to data and market trends, the highest target price of HDFC Bank shares in 2027 is Rs 2865.00 to Rs 3190.00.
- Low: ₹2865.00
- High: ₹3190.00
2028
The minimum target price for HDFC Bank stock in 2028 is Rs 3355.00. At the same time, the maximum future price of HDFC Bank shares by 2028 is Rs 3685.00.
- Low: ₹3355.00
- High: ₹3685.00
2029
According to our research and technical analysis, the highest target price of HDFC Bank shares in 2029 is Rs 3695.00 to Rs 4025.00.
- Low: ₹3695.20
- High: ₹4025.00
2030
In 2030, the minimum target price for HDFC Bank shares is Rs 4290.00. At the end of the year, the maximum target price for HDFC Bank shares by 2030 is Rs 4565.00.
- Low: ₹4290.20
- High: ₹4565.00
2035
The target price of HDFC Bank shares is Rs 5952.20 to Rs 7952.20 by 2035.
- Low: ₹5952.00
- High: ₹7952.00
Overview of HDFC Bank Ltd
HDFC Bank was established in 1994 and its headquarters is in Mumbai. In recent times HDFC Bank has opened many branches and ATMs to provide better services to its customers. If we look based on market capitalization, it is a blue-chip banking company that is considered the most reliable for investors.
Financial Results
HDFC Bank is expected to post good results in the March -24 quarter. The company has registered a healthy profit growth of 19.9% CAGR in the last 5 years. It maintains a healthy dividend payout of 19.0%.
Risk Factors
There are a few risk factors that we can consider regarding the HDFC Banks’ as well as other banking share prices:
- Financial crisis: The bank is close to financial products such as Loans, Insurance, credit cards, etc. If there is an economic downturn could lead to a decrease in the bank’s revenue and profits, which impacts its share price.
- Competition: It is a highly competitive market that can affect the bank and its market share and profitability.
- Changes in Financial Laws: Changes in financial laws in the country can affect the banking market share, and as a result, the share price may fall.
- Geopolitical risks: HDFC Bank operates its business in India as well as in other countries, therefore geopolitical risk persists and may affect operations and performance.
How to buy HDFC Bank shares?
There are several online websites where you can open your trading account. But, the HDFC Bank Demat and Trading Account are one of the best accounts and it allow you to engage in the share market. Also, you can get trading guidance from HDFC Bank, as they provide end-to-end solutions.
Other Websites:
- Upstox
- Zerodha
- 5 paise
- Angelone
- Motilal Oswal Trader
HDFC Bank Stock Growth Prospects and Benefits
HDFC Bank is an established bank and has been growing in India as well as in other countries over the years. The following are the best key features of HDFC Bank stocks:
- Blue-Chip Stock: These types of stocks typically have a strong track record of financial performance and are less likely to be affected by market downturns.
- Strong Financial Performance: It has a strong track record of financial performance, which should lead to steady growth in its share price over time.
- Diversification: It operates in the banking and financial services sectors, which are generally less affected by market volatility than other sectors.
- High Liquidity: HDFC Bank stock is highly liquid, which means you can buy and sell easily in the stock market.
Related:
FAQs
A: The blue-chip types of stocks typically have a strong track record of financial performance and are less likely to be affected by market downturns, so it is a good stock.
A: The estimated share price target of HDFC Bank in 2025 is Rs 2150.20 to Rs 2660.00.
A: In 2030, the maximum target price for HDFC Bank shares is Rs 4565.00.
A: The maximum target price for HDFC Bank shares in 2027 is Rs 2865.00 to Rs 3190.00.
A: There are several online websites present where you can open your trading account. But, HDFC Bank Demat and Trading Account are one of the best accounts
A: The maximum target price for HDFC Bank shares for the years 2024 to 2030 are Rs 2037.00, Rs 2460.00, Rs 2660.00, Rs 2850.00, Rs 3685.00, and Rs 4565.00 respectively.
Conclusion
HDFC Bank is a leading Indian private sector bank and its financial performance depends on various factors such as the Indian stock market, global economic conditions, financial rules & regulations, etc. However, it is a blue-chip stock that is safe and considered reliable. But, Sometimes past performance does not guarantee future results, so do your research and consult a financial advisor.
Disclaimer: The target price is for general information only. No part of the website content should be construed as financial advice for your investments.
