HDFC Bank is one of the largest private sector banks in India, with a market capitalization of over INR 10 trillion. The bank is known for its strong financial performance, consistent dividend payouts, and focus on customer service.
HDFC Bank shares are listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The stock is one of the most actively traded stocks on the Indian exchanges, and is often included in benchmark indices such as the Nifty 50 and the Sensex.
HDFC Bank Share Price NSE
HDFC Bank shares are listed on the NSE under the symbol HDFCBANK. The stock has a base price of INR 10.
HDFC Bank Share Price Target
HDFC Bank share price targets vary from analyst to analyst. However, most analysts have a bullish outlook on the stock, with targets ranging from INR 1800 to INR 2200 in the next 12 months.
HDFC Bank Share Price Today
As on September 21, 2023, the HDFC Bank share price on the NSE is INR 1568.95.
HDFC Bank Share Price BSE
HDFC Bank shares are also listed on the BSE under the symbol HDFCBANK. The stock has a base price of INR 10.
HDFC Bank Share Price History
HDFC Bank shares have been on a steady uptrend over the past few years. The stock has outperformed the broader market, and has delivered significant returns to investors.
In 2022, the HDFC Bank share price rose by over 20%. The stock has continued to perform well in 2023, and has gained over 10% so far this year.
HDFC Bank Share Price Target 2025
Most analysts have a bullish outlook on the HDFC Bank share price target for 2025. The stock is expected to reach levels of INR 2500-3000 in the next three years.
HDFC Bank Share Price Target Tomorrow
The HDFC Bank share price target for tomorrow is difficult to predict, as it depends on a number of factors, including the overall market sentiment, news flow, and technical factors. However, most analysts believe that the stock is likely to remain bullish in the short term.
HDFC Bank Share Price Screener
HDFC Bank shares are often included in screeners used by investors to identify stocks that meet certain criteria. For example, some investors may use a screener to identify stocks with a high return on equity (ROE) or a high dividend yield.
Why HDFC Bank Share Price is Falling Today
The HDFC Bank share price may be falling today due to a number of factors, including:
- Negative news flow about the bank or the banking sector as a whole.
- A general decline in the stock market.
- Technical factors, such as a sell-off in the stock by large investors.
Will HDFC Bank Share Price Increase After Merger
HDFC Bank is currently in the process of merging with HDFC Ltd. The merger is expected to be completed in the second half of 2023.
Analysts believe that the merger will be positive for the HDFC Bank share price in the long term. The merged entity will be the largest bank in India, with a strong balance sheet and a wide customer base.
HDFC First Bank Share Price
HDFC First Bank is a new bank that was created as part of the merger between HDFC Bank and HDFC Ltd. The bank is expected to start operations in the second half of 2023.
The HDFC First Bank share price is not yet known, as the bank is not yet listed on the stock exchanges. However, analysts expect the stock to be listed at a premium to the HDFC Bank share price.
HDFC Ltd Bank Share Price
HDFC Ltd is a housing finance company that is merging with HDFC Bank. HDFC Ltd is also listed on the stock exchanges, under the symbol HDFCLTD.
The HDFC Ltd bank share price is expected to decline after the merger is completed, as the company will cease to exist as a separate entity. However, some investors may still choose to hold on to the HDFC Ltd bank share price, as they believe that the stock will benefit from the merger in the long term.
Conclusion
HDFC Bank is a well-managed bank with a strong track record. The bank has a large and diversified customer base. However, the bank’s share price has been on a downward trend in recent months due to a number of factors.
Analysts believe that HDFC Bank’s share price is likely to increase after the merger with HDFC. The merger is expected to create a larger and more diversified financial institution.