HDFC Bank Share Price Target - 2023, 2024, 2025, 2026 and 2030

If you are looking for “HDFC Bank share price targets” for upcoming years you are in the right place. Before we dive into HDFC Bank stock price targets, Let’s understand the HDFC Bank company background, technical fundamentals etc.

Contents

1 About HDFC Bank
- 1.1 Fundamentals of HDFC Bank
2 HDFC Bank Price Target Details

About HDFC Bank

HDFC Bank is the largest private sector bank in India, with assets totaling nearly $122.5 billion. It is also the world’s 10th largest bank by market capitalisation, and the third largest company by market capitalisation on the Indian stock exchanges. The bank employs nearly 150,000 people, making it one of the largest employers in India. HDFC Bank was incorporated in 1994 as a subsidiary of the Housing Development Finance Corporation, with its registered office in Mumbai. The bank’s first corporate office and full-service branch were inaugurated by Manmohan Singh, the then Union Finance Minister, at Sandoz House in Worli.

HDFC Bank has since grown to become a leading player in the banking sector, with a strong presence in both retail and corporate Banking. The bank offers a wide range of products and services, including credit cards, loans, and deposits. HDFC Bank has been consistently ranked amongst the top banks in India by various financial magazines and research firms. The bank has also won several awards and accolades for its performance, including the ‘Bank of the Year‘ award from The Banking Times in 2019. HDFC Bank is a key player in the Indian Banking sector and is well-positioned to capitalise on the growth opportunities in the country.

Fundamentals of HDFC Bank

Let’s look at the fundamentals of HDFC Bank, based on which we can get a clear understanding of the expertise in the banking sector.

Current Market Cap: The current market cap of HDFC Bank as of October 6 2022, is ₹8,08,201.05 Cr..
P/E Ratio: The current price to earning ratio of HDFC Bank is 21.03.
Profit Growth: Profit growth is around 18.78 % over the period of time

HDFC Bank Price Target Details

We have done a complete analysis of HDFC Bank and have come up with its share price targets for upcoming years.

Note: These price targets of “HDFC Bank” is only for reference purpose only, this prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition is not covered in this analysis.