The Critical Facts About HDFC Bank Today

Shares of HDFC Bank have moved -7.2% today, and are now trading at a price of $61.85. In contrast, the S&P 500 index saw a 1.0% change. Today's trading volume is 2,819,566 compared to the stock's average volume of 2,665,793.

HDFC Bank Limited provides banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company is now trading -13.34% away from its average analyst target price of $71.38 per share. The 4 analysts following the stock have set target prices ranging from $66.5 to $76.0, and on average give HDFC Bank a rating of buy.

Over the last 52 weeks, HDB stock has risen 0.5%, which amounts to a -25.4% difference compared to the S&P 500. The stock's 52 week high is $71.39 whereas its 52 week low is $52.16 per share. Based on HDFC Bank's average net margin growth of 3.8% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2022 13,762,600 6,027,900 44 2.33
2021 11,762,600 5,087,500 43 2.38
2020 10,697,800 4,457,000 42 7.69
2019 8,942,000 3,452,500 39 5.41
2018 8,608,200 3,182,500 37 5.71
2017 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.