Key Insights Before Investing in HDB Stock

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
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.