|
13 Sep 2025 |
HDFC Bank
|
Consensus Share Price Target
|
967.30 |
1138.23 |
- |
17.67 |
buy
|
|
|
|
|
17 Oct 2023
|
HDFC Bank
|
Axis Direct
|
967.30
|
1925.00
|
1541.20
(-37.24%)
|
Pre-Bonus/ Split |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
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|
17 Oct 2023
|
HDFC Bank
|
Prabhudas Lilladhar
|
967.30
|
2025.00
|
1541.20
(-37.24%)
|
Pre-Bonus/ Split |
Buy
|
|
|
|
|
17 Oct 2023
|
HDFC Bank
|
ICICI Securities Limited
|
967.30
|
1750.00
|
1529.60
(-36.76%)
|
Target met |
Accumulate
|
|
|
Despite higher-than-estimated PAT at INR 159.8bn (4% beat), HDFCB’s Q2FY24 results were a tad softer, as NIM (at 3.4% of total assets) was weaker-than-expected (NII miss at ~6%). While NIMs are likely to have bottomed out in Q2, we are building in only a gradual rise due to heightened competitive intensity and calibrated absorption of liquidity.
|
|
17 Oct 2023
|
HDFC Bank
|
IDBI Capital
|
967.30
|
1970.00
|
1541.20
(-37.24%)
|
Pre-Bonus/ Split |
Buy
|
|
|
|
|
16 Oct 2023
|
HDFC Bank
|
Sharekhan
|
967.30
|
1900.00
|
1541.20
(-37.24%)
|
Pre-Bonus/ Split |
Buy
|
|
|
|
|
16 Oct 2023
|
HDFC Bank
|
Motilal Oswal
|
967.30
|
1950.00
|
1529.60
(-36.76%)
|
Pre-Bonus/ Split |
Buy
|
|
|
|
|
25 Sep 2023
|
HDFC Bank
|
Motilal Oswal
|
967.30
|
1950.00
|
1531.00
(-36.82%)
|
Pre-Bonus/ Split |
Buy
|
|
|
|
|
21 Sep 2023
|
HDFC Bank
|
Prabhudas Lilladhar
|
967.30
|
2025.00
|
1553.35
(-37.73%)
|
Pre-Bonus/ Split |
Buy
|
|
|
|
|
19 Sep 2023
|
HDFC Bank
|
ICICI Securities Limited
|
967.30
|
2000.00
|
1629.05
(-40.62%)
|
Pre-Bonus/ Split |
Buy
|
|
|
HDFC Bank hosted an analyst meet on Sep 18, ’23 to update on the opening net worth of the merged entity and related matters. The hit on opening net-worth is slightly higher than our initial estimates and the pressure on near term NIM also appears higher than initially envisaged.
|
|
04 Aug 2023
|
HDFC Bank
|
ICICI Direct
|
967.30
|
2050.00
|
1652.20
(-41.45%)
|
Pre-Bonus/ Split |
Buy
|
|
|
|