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23 Sep 2025 |
HDFC Bank
|
Consensus Share Price Target
|
957.20 |
1137.26 |
- |
18.81 |
buy
|
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12 Apr 2023
|
HDFC Bank
|
BOB Capital Markets Ltd.
|
957.20
|
1943.00
|
1684.90
(-43.19%)
|
Pre-Bonus/ Split |
Buy
|
|
|
Expect a healthy March quarter with deposits outpacing loan growth (196bps QoQ decline in CD ratio)
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05 Apr 2023
|
HDFC Bank
|
Sharekhan
|
957.20
|
1920.00
|
1666.35
(-42.56%)
|
Pre-Bonus/ Split |
Buy
|
|
|
|
|
23 Jan 2023
|
HDFC Bank
|
Axis Direct
|
957.20
|
1827.00
|
1673.10
(-42.79%)
|
Pre-Bonus/ Split |
Buy
|
|
|
We recommend a BUY rating on the stock with a TP of Rs 1,827, implying an upside of 10% from CMP.
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19 Jan 2023
|
HDFC Bank
|
Geojit BNP Paribas
|
957.20
|
1890.00
|
1644.10
(-41.78%)
|
Pre-Bonus/ Split |
Buy
|
|
|
|
|
17 Jan 2023
|
HDFC Bank
|
SMC online
|
957.20
|
|
1608.90
(-40.51%)
|
Pre-Bonus/ Split |
Results Update
|
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16 Jan 2023
|
HDFC Bank
|
IDBI Capital
|
957.20
|
2070.00
|
1585.30
(-39.62%)
|
Pre-Bonus/ Split |
Buy
|
|
|
|
|
16 Jan 2023
|
HDFC Bank
|
ICICI Securities Limited
|
957.20
|
1874.00
|
1600.65
(-40.20%)
|
Pre-Bonus/ Split |
Buy
|
|
|
HDFC Bank’s Q3FY23 earnings were broadly in line with I-Sec estimates. Advance growth of <20% (due to QoQ corporate advance decline) and Rs670bn of retail deposit accretion momentum needs further push. NII growth retraced better than expected to 24.6% YoY / 9.4% QoQ, partly supported by interest on income tax refund.
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|
16 Jan 2023
|
HDFC Bank
|
LKP Securities
|
957.20
|
1869.00
|
1585.30
(-39.62%)
|
Pre-Bonus/ Split |
Buy
|
|
|
|
|
16 Jan 2023
|
HDFC Bank
|
Axis Direct
|
957.20
|
1860.00
|
1585.30
(-39.62%)
|
Pre-Bonus/ Split |
Buy
|
|
|
The stock currently trades at 2.7x Sep'24E ABV. We value the core book at 3x Sep'24E ABV and assign a value of Rs 65 to the subsidiaries, thereby arriving at a target price of Rs 1,860/share, implying an upside of 16% from CMP.
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15 Jan 2023
|
HDFC Bank
|
ICICI Direct
|
957.20
|
1920.00
|
1600.65
(-40.20%)
|
Pre-Bonus/ Split |
Buy
|
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