Hdfc Bank Limited Stock Today

HDB Stock  USD 56.01  0.78  1.41%   

Performance

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Odds Of Distress

Over 57

 
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HDFC Bank is trading at 56.01 as of the 19th of March 2024, a 1.41 percent increase since the beginning of the trading day. The stock's open price was 55.23. HDFC Bank has over 57 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for HDFC Bank Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of January 2023 and ending today, the 19th of March 2024. Click here to learn more.
Business Domain
Banks
IPO Date
20th of July 2001
Category
Financial Services
Classification
Financials
HDFC Bank Limited provides banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company was incorporated in 1994 and is based in Mumbai, India. Hdfc Bank operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. The company has 2.53 B outstanding shares of which 8.8 M shares are currently shorted by investors with about 2.37 days to cover. More on HDFC Bank Limited

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Moving against HDFC Stock

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  0.7KEY-PI KeyCorpPairCorr

HDFC Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. HDFC Bank's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding HDFC Bank or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOSashidhar Jagdishan
Old NameAZIMUT HOLDING
Business ConcentrationDiversified Banks, Banks - Regional, Financial Services, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering HDFC Bank report their recommendations after researching HDFC Bank's financial statements, talking to executives and customers, or listening in on HDFC Bank's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering HDFC Bank Limited. The HDFC consensus assessment is calculated by taking the average forecast from all of the analysts covering HDFC Bank.
Financial Strength
Based on the analysis of HDFC Bank's profitability, liquidity, and operating efficiency, HDFC Bank Limited may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of HDFC Bank Limited is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.0110.0173
Way Down
Slightly volatile
Asset Turnover0.03740.0421
Fairly Down
Pretty Stable
Total Current Liabilities1.8 T1.8 T
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.6 T2.5 T
Sufficiently Up
Slightly volatile
Total Assets31.1 T29.6 T
Sufficiently Up
Slightly volatile
Total Current Assets9.1 T8.7 T
Sufficiently Up
Slightly volatile
HDFC Bank's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to HDFC Bank's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand HDFC Bank's financial leverage. It provides some insight into what part of HDFC Bank's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on HDFC Bank's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how HDFC Bank deploys its capital and how much of that capital is borrowed.
Liquidity
HDFC Bank cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 3.24 T in debt with debt to equity (D/E) ratio of 7.89, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Debt can assist HDFC Bank until it has trouble settling it off, either with new capital or with free cash flow. So, HDFC Bank's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like HDFC Bank Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for HDFC to invest in growth at high rates of return. When we think about HDFC Bank's use of debt, we should always consider it together with cash and equity.

Capital Expenditures

52.67 Billion
HDFC Bank Limited (HDB) is traded on New York Stock Exchange in USA. It is located in HDFC Bank House, Mumbai, India, 400013 and employs 173,222 people. HDFC Bank is listed under Diversified Banks category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a total capitalization of 142.06 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate HDFC Bank's market, we take the total number of its shares issued and multiply it by HDFC Bank's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. HDFC Bank Limited runs under Banks sector within Financials industry. The entity has 2.53 B outstanding shares of which 8.8 M shares are currently shorted by investors with about 2.37 days to cover. HDFC Bank Limited has about 1.05 T in cash with 477.2 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 94.18.
Check HDFC Bank Probability Of Bankruptcy
Ownership Allocation
HDFC Bank secures a total of 2.53 Billion outstanding shares. Roughly 86.0 (percent) of HDFC Bank outstanding shares are held by general public with 13.85 pct. by outside corporations. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check HDFC Ownership Details

HDFC Stock Price Odds Analysis

What are HDFC Bank's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of HDFC Bank jumping above the current price in 90 days from now is about 69.73%. The HDFC Bank Limited probability density function shows the probability of HDFC Bank stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.5563. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, HDFC Bank will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. HDFC Bank Limited is significantly underperforming NYSE Composite.
  Odds Below 56.01HorizonTargetOdds Above 56.01
30.13%90 days
 56.01 
69.73%
Based on a normal probability distribution, the odds of HDFC Bank to move above the current price in 90 days from now is about 69.73 (This HDFC Bank Limited probability density function shows the probability of HDFC Stock to fall within a particular range of prices over 90 days) .

HDFC Stock Institutional Holders

Institutional Holdings refers to the ownership stake in HDFC Bank that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of HDFC Bank's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing HDFC Bank's value.
InstituionRecorded OnShares
Fmr Inc2023-12-31
M
Impax Asset Management Group Plc2023-12-31
5.8 M
Lazard Asset Management Llc2023-12-31
M
Amvescap Plc.2023-12-31
M
Lone Pine Capital Llc2023-12-31
4.6 M
Brown Advisory Holdings Inc2023-12-31
4.6 M
D1 Capital Partners L.p.2023-12-31
4.3 M
Fisher Asset Management, Llc2023-12-31
4.2 M
Wellington Management Company Llp2023-12-31
4.2 M
Jpmorgan Chase & Co2023-12-31
19.6 M
Fidelity International Ltd2023-12-31
13.6 M
View HDFC Bank Diagnostics

HDFC Bank Historical Income Statement

HDFC Bank Limited Income Statement is one of the three primary financial statements used for reporting HDFC's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of HDFC Bank Limited revenue and expense. HDFC Bank Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, HDFC Bank's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 483.3 B, whereas Other Operating Expenses is projected to grow to (465 B). View More Fundamentals

HDFC Stock Against Markets

Picking the right benchmark for HDFC Bank stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in HDFC Bank stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for HDFC Bank is critical whether you are bullish or bearish towards HDFC Bank Limited at a given time. Please also check how HDFC Bank's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in HDFC Bank without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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HDFC Bank Corporate Directors

HDFC Bank corporate directors refer to members of a HDFC Bank board of directors. The board of directors generally takes responsibility for the HDFC Bank's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of HDFC Bank's board members must vote for the resolution. The HDFC Bank board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Renu KarnadNon-Executive Non-Independent DirectorProfile
Bhavesh ZaveriAdditional Executive Director, Group Head - Operations & TechnologyProfile
Srikanth NadhamuniNon-Executive Non Independent DirectorProfile
Kaizad BharuchaHead of Corporate Banking, Executive Director and Member of Credit Approval CommitteeProfile

How to buy HDFC Stock?

Before investing in HDFC Bank, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in HDFC Bank. To buy HDFC Bank stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of HDFC Bank. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase HDFC Bank stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located HDFC Bank Limited stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased HDFC Bank Limited stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as HDFC Bank Limited, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy HDFC Stock please use our How to Invest in HDFC Bank guide.

Already Invested in HDFC Bank Limited?

The danger of trading HDFC Bank Limited is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of HDFC Bank is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than HDFC Bank. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile HDFC Bank Limited is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether HDFC Bank Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HDFC Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hdfc Bank Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hdfc Bank Limited Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HDFC Bank Limited. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the HDFC Bank Limited information on this page should be used as a complementary analysis to other HDFC Bank's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running HDFC Bank's price analysis, check to measure HDFC Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HDFC Bank is operating at the current time. Most of HDFC Bank's value examination focuses on studying past and present price action to predict the probability of HDFC Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HDFC Bank's price. Additionally, you may evaluate how the addition of HDFC Bank to your portfolios can decrease your overall portfolio volatility.
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Is HDFC Bank's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HDFC Bank. If investors know HDFC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HDFC Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0)
Earnings Share
3.21
Revenue Per Share
176.244
Quarterly Revenue Growth
1.211
Return On Assets
0.0207
The market value of HDFC Bank Limited is measured differently than its book value, which is the value of HDFC that is recorded on the company's balance sheet. Investors also form their own opinion of HDFC Bank's value that differs from its market value or its book value, called intrinsic value, which is HDFC Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HDFC Bank's market value can be influenced by many factors that don't directly affect HDFC Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HDFC Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if HDFC Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HDFC Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.