HDFC Bank Limited Share Price Today

Techno Funda Ratings

RS Rating
27
Weak
EPS Rating
36
Moderate
A/D Rating
D
Weak

Key Metrics

Current Price

₹819.6

Market Cap

₹ 12,62,293 Cr.

Stock P/E

16.7

ROE

13.6 %

RSI

66.02

Trend

Bullish

Share Price Chart

Technical Commentary

HDFC Bank Ltd currently shows Bullish momentum based on moving averages, RSI behavior, earnings strength and institutional accumulation activity. The stock currently has an Accumulation Distribution Rating of D, a Relative Strength Rating of 21 and an EPS Rating of 36. TI65 trend indicator currently remains Neutral.

Buy or Sell Analysis

Speculative Momentum Phase (Neutral / Hold). HDFC Bank Ltd is trading above its 50 DMA (779.59), but it lacks the powerful fundamental support typically required to sustain an extended bull run, as evidenced by a trailing Stock P/E of 16.7 and an ROE of 13.6%. Market relative strength is mediocre (RS Rating: 21), indicating that current price discovery is driven by short-term speculative indexing rather than aggressive institutional backing (A/D Grade: D). While short-term long positions remain valid as long as the price stays above key support floors, conservative market participants should avoid sizing up heavily here. Maintain a neutral profile, trail defensive stops tightly below the 50 DMA, and watch for a decisive high-volume catalyst.

Company Overview

HDFC Bank Limited (also known as HDFC) is an Indian banking and financial services company headquartered in Mumbai. It is India's largest private sector bank by assets and the world's tenth-largest bank by market capitalization as of May 2024. As of April 2024, HDFC Bank has a market capitalization of $145 billion, making it the third-largest company on the Indian stock exchanges. [1]

HDFC Bank Ltd share price remains one of the actively tracked stocks on NSE among traders and long term investors.

The latest HDFC Bank Ltd share price NSE movement reflects ongoing investor interest driven by company fundamentals, sector performance and broader market sentiment.

From a technical analysis perspective, the HDFC Bank Ltd share price chart currently indicates a Bullish trend based on moving averages and RSI momentum analysis.

Technical Analysis

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IndicatorValue
Current Price819.6
RSI (14)66.02
50 DMA779.59
200 DMA883.2
TrendBullish
A/D RatingD
RS Rating27
EPS Rating36
TI651.04
TI65 TrendNeutral

Pivot Points Analysis

Daily pivot points for HDFC Bank Limited calculated using previous trading session data. These levels help traders identify intraday support, resistance and breakout zones using Classic Pivot Point methodology.

Classic Pivot Points

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LevelValue
R3₹841.24
R2₹832.47
R1₹826.04
PP₹817.27
S1₹810.84
S2₹802.07
S3₹795.64

Financial Ratios

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MetricValue
Market Cap₹ 12,62,293 Cr.
Current Price₹ 820
High / Low₹ 1,020 / 727
Stock P/E16.7
Book Value₹ 381
Dividend Yield1.59 %
ROCE7.02 %
ROE13.6 %
Face Value₹ 1.00

Quarterly Results

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QuarterSalesProfitOPM
Mar 202312,634
Jun 202312,403
Sep 202317,312
Dec 202317,718
Mar 202418,013
Jun 202417,188
Sep 202418,627
Dec 202418,340
Mar 202519,285
Jun 202517,090
Sep 202520,364
Dec 202520,691
Mar 202621,074

Shareholding Pattern

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HolderHolding
FIIs 42.13%
DIIs 12.94%
Government 0.13%
Public 18.80%
No. of Shareholders4,63,568
Promoters 26.00%

Pros and Cons

Pros

  • Strong technical momentum with price holding comfortably above the 50 DMA (779.59).

Cons

    Related NSE Stocks

    Frequently Asked Questions

    What is the current technical trend and RSI for HDFC Bank Ltd share?

    Based on the latest closing data, the technical momentum for HDFC Bank Ltd is currently evaluated as Bullish. The stock is exhibiting an RSI (14) of 66.02, indicating it is trading in a neutral balanced zone. Key tracking supports are currently located near the daily pivots, with price relative to the 50 DMA (779.59) defining immediate multi-day trend patterns.

    What are the key resistance and support pivot points for HDFC Bank Ltd?

    According to Classic Pivot Point methodologies, the core trading floor for HDFC Bank Ltd today centers at a Pivot Point (PP) of ₹817.27. Upside resistance challenges are calculated at R1: ₹826.04, R2: ₹832.47, and R3: ₹841.24. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹810.84, S2: ₹802.07, and S3: ₹795.64.

    How does the fundamental ROE and P/E ratio look for HDFC Bank Ltd?

    HDFC Bank Ltd is currently trading with a valuation metrics context of a Stock P/E of 16.7, against a core structural efficiency Return on Equity (ROE) standing at 13.6 %. This fundamental operational efficiency baseline is coupled with an EPS Rating of 36, allowing investors to track how corporate profitability trends align with current price discovery cycles on the National Stock Exchange (NSE).

    Should I buy or sell HDFC Bank Ltd shares based on corporate rankings?

    Our dynamic trade matrix suggests a status of: Speculative Momentum Phase (Neutral / Hold). HDFC Bank Ltd is trading above its ... For long-term portfolios, decision-making should match the stock's market performance profile, which currently displays an institutional Accumulation/Distribution (A/D) grade of D, a Relative Strength (RS) ranking of 21, and long-term trend backing from the TI65 indicator (Neutral pattern).

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