Share of HDFC Bank Ltd is currently trading at around Rs.1690/-Existing as well as Prospective Investors are asking for HDFC Bank Share Price Targets for 2024,2025,2030,2035 & 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you the HDFC Bank Share Price Target from 2024 to 2040.
Discussion & Analysis of Business & Financial performance with future business prospects of HDFC Bank Ltd:
HDFC Bank Ltd. has demonstrated a robust business performance in 2024. For the financial year ending March 31, 2024, the bank’s net profit surged to ₹64,060 crore, marking a significant achievement. The bank’s net revenue for Q4 FY24 stood at ₹47,240 crore, bolstered by gains from the sale of a stake in its subsidiary, HDFC Credila Financial Services. HDFC Bank also saw a notable 24.5% increase in net interest income, reaching ₹290.8 billion.
The bank’s asset quality remained strong, with the gross non-performing asset (NPA) ratio slightly improving to 1.24% and the net NPA ratio at 0.33%. Furthermore, the bank’s total deposits grew by 26.4% year-on-year to ₹23,798 billion, and retail loans saw a remarkable 108.9% growth, driving overall gross advances up by 55.4%
HDFC Bank’s merger with HDFC Ltd., effective from the current financial year, marks a transformative phase. The merger has expanded the bank’s capabilities, particularly in real estate finance, allowing it to offer a comprehensive suite of banking services. However, it also introduced challenges such as increased borrowing costs, with the share of borrowing in total liabilities rising from 8% pre-merger to 21% post-merger
Looking ahead, HDFC Bank is well-positioned to capitalize on emerging opportunities. The bank is focusing on sustainable finance, having raised $300 million through sustainable finance bonds to support sectors like electric vehicles, SMEs, and affordable housing. Additionally, the bank secured a $500 million credit line from the International Finance Corporation to extend microloans to women borrowers.
Overall, HDFC Bank’s strong financial performance, strategic initiatives, and the successful integration of HDFC Ltd. position it for continued growth and resilience in the evolving financial landscape.
Top of Form
Bottom of Form
Share Price Targets:
HDFC Bank Share Price Target 2024
Based on the above discussion and analysis, the share price of HDFC Bank is likely to touch the level of around Rs.1960-2000 in 2024
HDFC Bank Share Price Target 2025
Based on the above discussion and analysis, the share price of HDFC Bank is likely to touch the level of around Rs.2200-2500 in 2025
HDFC Bank Price Target 2030
Based on the above discussion and analysis, the share price of HDFC Bank is likely to touch the level of around Rs.3800-4000 in 2030
HDFC Bank Price Target 2035
Based on the above discussion and analysis, the share price of HDFC Bank is likely to touch the level of around Rs.6800-7000 in 2035
HDFC Bank Price Target 2040
Based on the above discussion and analysis, the share price of HDFC Bank is likely to touch the level of around Rs.11500-12000 in 2040
Disclaimer: Investment in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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