HDFC Bank Ltd. Share Price Today

Techno Funda Ratings

RS Rating
50
Moderate
EPS Rating
50
Moderate
A/D Rating
E
Poor

Key Metrics

Current Price

₹742.8

Market Cap

₹ 11,44,294 Cr.

Stock P/E

14.5

ROE

13.6 %

RSI

40.19

Trend

Bearish

Share Price Chart

Technical Commentary

HDFC Bank Ltd currently shows Bearish momentum based on moving averages, RSI behavior, earnings strength and institutional accumulation activity. The stock currently has an Accumulation Distribution Rating of E, a Relative Strength Rating of 50 and an EPS Rating of 50. TI65 trend indicator currently remains Neutral.

Buy or Sell Analysis

Chronic Downtrend / Potential Value Trap (Neutral / Avoid). HDFC Bank Ltd continues to trade in a weak macro layout below its 50 DMA (779.22). While a trailing Stock P/E of 14.5 might look cheap on the surface, a low baseline efficiency score (ROE: 13.6%) and a poor TI65 trend signature (Neutral) suggest the stock may be a structural value trap. The price is drifting downward without clear directional momentum, and the neutral RSI of 40.19 indicates a lack of urgent buying or selling pressure. Do not average down into this declining chart. Keep a neutral stance and preserve cash until the asset breaks above its overhead resistance ceilings (R1/R2 lines) with high institutional volume.

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 Bearish trend based on moving averages and RSI momentum analysis.

Technical Analysis

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IndicatorValue
Current Price742.8
RSI (14)40.19
50 DMA779.22
200 DMA878.09
TrendBearish
A/D RatingE
RS Rating50
EPS Rating50
TI650.99
TI65 TrendNeutral

Pivot Points Analysis

Daily pivot points for HDFC Bank Ltd. 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₹759.29
R2₹753.77
R1₹748.29
PP₹742.77
S1₹737.29
S2₹731.77
S3₹726.29

Financial Ratios

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MetricValue
Market Cap₹ 11,44,294 Cr.
Current Price₹ 743
High / Low₹ 1,020 / 727
Stock P/E14.5
Book Value₹ 390
Dividend Yield1.75 %
ROCE7.02 %
ROE13.6 %
Face Value₹ 1.00

Quarterly Results

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QuarterSalesProfitOPM
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
Jun 202620,383

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

    Cons

    • Primary trend direction remains weak, stuck underneath major defensive supply barriers.

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    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 Bearish. The stock is exhibiting an RSI (14) of 40.19, 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 (779.22) 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 ₹742.77. Upside resistance challenges are calculated at R1: ₹748.29, R2: ₹753.77, and R3: ₹759.29. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹737.29, S2: ₹731.77, and S3: ₹726.29.

    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 14.5, 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 50, 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: Chronic Downtrend / Potential Value Trap (Neutral / Avoid). HDFC Bank Ltd contin... 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 E, a Relative Strength (RS) ranking of 50, and long-term trend backing from the TI65 indicator (Neutral pattern).

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