Shares of HDFC Bank have moved 2.9% today, and are now trading at a price of $59.05. In contrast, the S&P 500 index saw a -1.0% change. Today's trading volume is 3,189,108 compared to the stock's average volume of 3,434,100.
HDFC Bank Limited provides banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. Based in Mumbai, India the company has 173,222 full time employees and a market cap of $149,532,311,552.
The company is now trading -13.44% away from its average analyst target price of $68.22 per share. The 4 analysts following the stock have set target prices ranging from $62.9 to $76.0, and on average give HDFC Bank a rating of buy.
Over the last 12 months HDB shares have declined by -16.3%, which represents a difference of -36.3% when compared to the S&P 500. The stock's 52 week high is $71.39 per share and its 52 week low is $52.16. Based on HDFC Bank's average net margin growth of 3.8% over the last 6 years, its core business remains strong and the stock price may recover in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 13,762,600 | 6,027,900 | 44 | 2.33 |
| 2022 | 11,762,600 | 5,087,500 | 43 | 2.38 |
| 2021 | 10,697,800 | 4,457,000 | 42 | 7.69 |
| 2020 | 8,942,000 | 3,452,500 | 39 | 5.41 |
| 2019 | 8,608,200 | 3,182,500 | 37 | 5.71 |
| 2018 | 7,807,800 | 2,741,700 | 35 |
