HDFC share price target
About HDFC :
HDFC Bank Limited is an Indian banking and financial services company, headquartered in Mumbai, Maharashtra. HDFC Bank is India’s largest private sector bank by assets and by market capitalisation as of April 2021. It is the third largest company by market capitalisation on the Indian stock exchanges.
About HDFC Share :
- Housing Development Finance Corporation Ltd., incorporated in the year 1977, is a Large Cap company (having a market cap of Rs 524,389.89 Crore).
- Housing Development Finance Corporation Ltd. key Products/Revenue Segments include Interest, Income From Sale Of Share & Securities, Other Services, Dividend, Fees & Commission Income and Rental Income for the year ending 31-Mar-2021.
- For the quarter ended 30-09-2021, the company has reported a Consolidated Total Income of Rs 38,603.51 Crore, up 24.54 % from last quarter Total Income of Rs 30,997.13 Crore and up 13.24 % from last year same quarter Total Income of Rs 34,090.45 Crore.
- The company’s top management includes Mr.Deepak S Parekh, Mrs.Ireena Vittal, Dr.Bhaskar Ghosh, Mr.U K Sinha, Mr.Jalaj Dani, Dr.J J Irani, Mr.V Srinivasa Rangan, Ms.Renu Sud Karnad, Mr.Keki M Mistry, Mr.Nasser Munjee.
HDFC Share Price Target 2021 Q4
- November 2021 – 1610.20 Rs
- December 2021 – 1650.50 Rs
HDFC share price target 2022
- 2022 Jan – 1690.00 Rs
- 2022 Feb – 1698.10 Rs
- 2022 Mar – 1810.50 Rs
- 2022 Apr – 1719.10 Rs
- 2022 May – 1750.65 Rs
- 2022 Jun – 1780.35 Rs
- 2022 Jul – 1890.15 Rs
- 2022 Aug – 1810.05 Rs
- 2022 Sep – 1750.89 Rs
- 2022 Oct – 1970.35 Rs
- 2022 Nov – 1985.95 Rs
- 2022 Dec – 1810.26 Rs
HDFC share price target 2023 – 2350.25 Rs
HDFC share price target 2024 – 2950.15 Rs
HDFC share price target 2025 – 3030.50 Rs
HDFC share price target 2026 – 3228.30 Rs
HDFC share price target 2027 – 3535.35 Rs
HDFC share price target 2028 – 3926.20 Rs
HDFC share price target 2029 – 4865. 80 Rs
HDFC share price target 2030 – 5500.00 Rs
HDFC bank share price target 2022
For most of the banks, their CASA Ratio (Current Account Savings Account) is the most important. Because banks earn maximum profit from interest by giving loan to others from the money deposited in it. The higher the CASA, the more profit one can expect to earn.
If we look at the CASA of HDFC Bank, it has always maintained more than 40%. Which is considered very good and this increases the profit margin of the bank very much. Due to which the bank is consistently seeing good performance in the results.
If the bank is seen placing the trust of such customers, then by 2022 its share price is likely to show the first target of Rs 1950. As soon as this target becomes interested, another target of Rs 2100 is going to be seen.
HDFC bank share price target 2023
HDFC bank is spreading its business rapidly. Being the largest bank in the country, people seem to trust it a lot. Due to which it is also being successful in connecting customers faster.
Taking advantage of this, the bank has started providing many services to its customers. Among them, services like credit card, insurance are seen capturing the entire market. Due to which its growth will be seen increasing more rapidly in the coming days.
In view of this, if we talk about HDFC bank share price target in 2023, then we can fully expect to show the first target of Rs 2620. Then hit the second target to hold for Rs 2700.
HDFC bank share price target 2025
For the development of any country, it is very important to have strong banking system of that country. Keeping this in mind, the management has been seen taking many good decisions for the coming days.
HDFC Bank does not give much loan at all to the company, drowning in the interest of high interest to grow its business. It gives maximum loan to the same company which has good performance. Due to which its NPAs are rarely seen.
If banks are able to handle NPAs like this, then in 2025 the first target of Rs 3500 is going to be seen. After that 3700 rupees hit for the second target to hold.
HDFC bank share price target 2030
HDFC bank always gets to see changes in its service according to the customer. Whether it is in digital payment or offline facility. He seems to be able to keep himself updated from everywhere.
HDFC bank keeps trying to provide advanced service to its customer by connecting with new technology. Due to which its growth will be seen increasing very fast in the coming years.
Talking about the share price target of HDFC bank till 2030 in the long run, the first target shows around 6800. As soon as you touch this target, you are going to see 7500 other targets as well.
HDFC bank Future
The banking sector is going to play an important role in the development of the country’s economy. Because if any country has to walk on the path of development, then it is very important to move forward in the banking sector.
In future, due to HDFC bank being the largest bank of the country, there is going to be a lot of responsibility and trust on it. Due to which the customer’s trust will be the only reason for this bank to move forward.
Also the management of HDFC bank is very good. You are seen working very hard to increase your business by taking the right decisions at the right time. Because of which it can be said that the shares of HDFC Bank will definitely give tremendous returns by earning tremendous returns in the future.