HDFC Bank Ltd is India’s largest private sector bank by assets and the 4th largest in the world by market capitalisation. It offers banking and financial services in the country. Founded in 1994, HDFC Bank provides retail and wholesale banking services, loans, credit card services, insurance, asset management, and more. Based in Mumbai, this private sector bank has expanded its total number of branches to over 8,300 branches across India, with over 77,000 employees. Over the past 6 months, HDFC Bank (NSE) shares have gone through a rollercoaster ride, with a decline of 14.74% from 52-week highs and lows of Rs 1757.50 to Rs 1425,00.
In this blog post, we will discuss the various factors that will influence the share price target of HDFC Bank in the coming years.
HDFC Recent News Headlines
- HDFC Bank share price plunges 12% on Saturday’s trade after the company announced a Rs 99 lakh donation for the United Nations Sustainable Development Goals in Goa through the support of startups. The bank’s share price is down by Rs.1476.65, or 12%, from Rs.1460.65 on October 26, 2023, which is higher than its 52 week low of Rs1460.55.
- The bank also announced a plan to open 1,000 new branches in 2024, taking its total branch count to 13,00,000 by the end of 2027.
- After releasing its Q3 results, HDFC Bank’s ADR plunges over 9%, bringing the total drop to 15% in two days.
HDFC Bank Share Price Target 2024
| Month (2024) | Maximum Target | MinimumTarget |
| January | Rs – | Rs – |
| February | Rs 1,843.09 | Rs 1,602.57 |
| March | Rs 1,882.20 | Rs 1,661.95 |
| April | Rs 2,029.27 | Rs 1,945.59 |
| May | Rs 2,107.72 | Rs 1,621.33 |
| June | Rs 2,229.27 | Rs 1,945.59 |
| July | Rs 2,149.88 | Rs 1,666.57 |
| August | Rs 2,364.87 | Rs 1,876.88 |
| September | Rs 2,483.11 | Rs 1,910.08 |
| October | Rs 2,721.31 | Rs 2,247.16 |
| November | Rs 2,967.37 | Rs 2,359.52 |
| December | Rs 3,128.72 | Rs 2,406.71 |
HDFC Bank Share Price Target 2025
| Month (2025) | Maximum Target | MinimumTarget |
| January | Rs 3,191.29 | Rs 2,454.84 |
| February | Rs 3,359.26 | Rs 2,584.04 |
| March | Rs 3,527.22 | Rs 2,713.24 |
| April | Rs 3,149.30 | Rs 2,422.54 |
| May | Rs 2,863.00 | Rs 2,202.31 |
| June | Rs 3,149.30 | Rs 2,422.54 |
| July | Rs 2,999.34 | Rs 2,307.18 |
| August | Rs 3,124.31 | Rs 2,403.31 |
| September | Rs 3,280.52 | Rs 2,523.48 |
| October | Rs 3,477.35 | Rs 2674.89 |
| November | Rs 3,720.77 | Rs 2,862.13 |
| December | Rs 3,795.18 | Rs 2,919.37 |
HDFC Bank Share Price Target 2026 to HDFC Bank Share Price Target 2030
| Year | Maximum target | Minimum Target |
| 2026 | Rs 2,656.63 | Rs 1,859.64 |
| 2027 | Rs 2,258.13 | Rs 1,580.69 |
| 2028 | Rs 4,064.64 | Rs 2,845.25 |
| 2029 | Rs 8,349.41 | Rs 5,844.58 |
| 2030 | Rs 9,298.20 | Rs 6,508.74 |
HDFC Financials 2023
| Revenue | 1.13 Trillion INR |  23.96% YOY |
| Operating expense | 515.34 Billion INR | 27.84% YOY |
| Net Income | 459.97 Billion INR | 20.88% YOY |
| Net Profit Margin | 40.69 Billion INR |  -2.49% YOY |
| Earnings Per Share | 2.89 | -95.77% |
| EBITDA | ||
| Effective Tax Rate | 24.96% | |
| Total Assets | 25.30 Trillion INR | 19.20% YOY |
| Total Liabilities | 22.40 Trillion INR | 19.48% YOY |
| Total Equity | 2.90 Trillion INR | |
| Return on assets | 1.98% | |
| Return on Capital | ||
| P/E Ratio | 16.03 | |
| Dividend Yield | 1.33% |
HDFC Bank Share Price Prediction by Industry Experts
- KR Choksey – Rs 2060
- Motilal Oswal – Rs 2070
- JM Financials – Rs 1725 – Rs 2000
- Prabhudas Liladher – Rs 1925
Points to consider before investing in HDFC Bank NSE
There is always a risk of borrowers not repaying the loan on time. As an investor, I cannot ignore the restrictions and penalties faced by HDFC Bank. For instance, in 2020, the Reserve Bank of India (RBI) imposed a fine of Rs 10 crore on HDFC Bank for issues related to car loans.
The integration of HDFC Ltd into a single financial corporation in 2023 brought challenges to the Bank. Property business also faced difficulties.
In the market, HDFC Bank faces fierce competition from the heavy-weight banks in the banking sector like ICICI bank, Kotak mahindra bank, Axis bank, IndusInd bank, etc.
HDFC Bank’s brand value in the Indian banking sector is not credible and solid among the consumers.
The product portfolio of HDFC bank covers all the requirements of its customers.
Today, HDFC Bank has a customer base of over 120 million (post-merger) and a network of over 8300 branches with over 177.000 employees.
Conclusion
In the last five years, HDFC Share Price 2025 has performed well on the NSE. However, since the year 2023, the stock of HDFC Bank has been on the ropes and forced many investors to re-evaluate their strategy. With the announcement of 1000 new branches to be opened in 2024, investors in HDFC Bank Stock can have some peace of mind for the future. Share Market Experts Motilal oswal, JR financials, KR choksey have predicted HDFC Bank Share price Prediction between Rs 1925 and Rs 2070. India Property Dekho would advise investors of India’s largest Private Sector Bank to seek the advice of an expert before committing to any investment in the share market.
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