HDFC Bank Ltd's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 178 out of 394 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 34.42.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of HDFC Bank Ltd is 6.58, ranking 248 out of 394 in the Banking Services industry. Its financial status is stable, and its operating efficiency is low. Its latest quarterly revenue reached 7.61B, representing a year-over-year increase of 65.38%, while its net profit experienced a year-over-year increase of 2.24%.
Key Metrics
The current valuation score of HDFC Bank Ltd is 6.84, ranking 310 out of 394 in the Banking Services industry. Its current P/E ratio is 14.88, which is 225.54% below the recent high of 48.44 and 1.85% above the recent low of 14.61.
The current earnings forecast score of HDFC Bank Ltd is 8.40, ranking 36 out of 394 in the Banking Services industry. The average price target is 44.75, with a high of 47.00 and a low of 39.20.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of HDFC Bank Ltd is 6.39, ranking 371 out of 394 in the Banking Services industry. Currently, the stock price is trading between the resistance level at 27.07 and the support level at 23.89, making it suitable for range-bound swing trading.
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The current institutional shareholding score of HDFC Bank Ltd is 3.00, ranking 240 out of 394 in the Banking Services industry. The latest institutional shareholding proportion is 13.90%, representing a quarter-over-quarter increase of 0.16%. The largest institutional shareholder is Ken Fisher, holding a total of 12.23M shares, representing 0.24% of shares outstanding, with 87.64% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Banking Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. No risk assessment score is currently available for HDFC Bank Ltd. The Banking Services industry's average is 6.73. The company's beta value is 0.67. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
