HDFC Bank Share Price Target 2023, 2024, 2025, 2026, 2030

HDFC Bank Share Price Target 2023, 2024, 2025, 2026, 2030: Whenever we talk about private banks in India, the name of HDFC Bank comes first in our mind because HDFC Bank comes first in the list of private banks in India.

This bank rules the hearts of its customers due to its excellent service. People like the service of HDFC Bank very much because this bank keeps on taking new steps from time to time to easily provide the best service to its customers.

Through today’s post, we will discuss with you the target of HDFC Bank stock for the next few years on the basis of fundamental and technical analysis.

If you are thinking of investing in HDFC Bank stock, then you must read this post completely.

HDFC Bank company Information

HDFC Bank was started in the year 1994 as a subsidiary company of HDFC (Housing Development Finance Corporation).

At present, this company employs about 150,000 people and its business network is increasing day by day, due to which it has been able to become the largest private bank in India.

At present, this company has total assets of $ 122.5 billion and this bank also won the title of Bank of the Year in the year 2019.

The headquarters of this bank is located in Mumbai and it is very famous for providing good services.

HDFC Bank Share Price Target 2023

As we all know, the more savings account a bank has, the more it earns, because the bank earns better profits by loaning the savings account money.

If we talk about the CASA Ratio (Current account Savings account) of HDFC Bank, then at present it is very good, due to which the bank is able to grow rapidly.

If we look at the CASA of HDFC Bank in the last few years, then this bank has been able to maintain its CASA more than 40%, due to which the bank gets a good profit margin and its investors also get the benefit.

If we talk about the target of HDFC Bank stock for the year 2023, then this stock can be seen trading around 1950 to 2100 in the year 2023.

HDFC Bank Share Price Target 2024

If we look at the business model of HDFC Bank, then this bank is taking new steps to make its business bigger day by day, the benefit of which is also visible in its growth.

Also, this bank gives loan but the number of its NPA is very less compared to other banks, due to which we see its business growing day by day.

This bank offers both corporate loans and retail loans, due to which the number of its customers is increasing day by day.

By the year 2024, HDFC Bank stock may be seen trading in the range of Rs 2600 to 2700.

HDFC Bank Share Price Target 2025

HDFC bank is the biggest company of HDFC group and this bank is getting popular day by day because of people’s lot of trust on HDFC group.

HDFC Bank’s branch used to be only in big cities earlier and to open an account in it, at least 25 thousand rupees had to be deposited, due to which many customers could not open an account in this bank.

But now HDFC Bank is opening its branches in small towns and rural areas as well and for opening an account only 2500 rupees have to be deposited, due to which there is a huge increase in the number of its customers.

By the year 2025, HDFC Bank’s share can trade between 2900 to 3050 rupees.

HDFC Bank Share Price Target 2026

The way this bank is reducing the number of its NPAs by managing its loans, we can infer that the management of the company is very good.

Also, the number of savings accounts in this company is continuously increasing, it means that the bank has more money to lend and the bank can earn good profit by lending that money.

Looking at the growing business of HDFC Bank, we can estimate that by the year 2026, its stock can trade between 3300 to 3500.

HDFC Bank Share Price Target 2030

The trend of the company is being seen in small towns and rural areas, that is, now we will get to see the branch of HDFC Bank in even the smallest cities of India.

If this bank is successful in increasing its business in small towns, then the number of its customers will increase very fast and its investors will also benefit from it.

And also, the credit card of that bank is very popular among the people, due to which its business is getting a boost, hence investing in the stock of HDFC Bank can be very beneficial in the future.

By the year 2030, we can see the stock of HDFC Bank trading between Rs 4500 to Rs 5000 in the Indian stock market.

Future of HDFC Bank Share

HDFC Bank is a very reputed bank whose name is very popular because this bank is known for its good service.

And the way its management is managing the business of this bank very well, it will not be wrong for us to say that this bank will maintain its rule in private banks in future also.

That is why if you decide to invest in the shares of this bank, the decision is not at all wrong because you can get a lot of profit in it.

If you want to invest in private sector, you must also go through ICICI Bank Share Price Target 2023, 2024, 2025, 2026, 2030 post.

Shareholding Pattern of HDFC Bank Stock

HDFC Bank Share Price Target: FAQ

Conclusion

Through this post, we have shared HDFC Bank Share Price Target 2023, 2024, 2025, 2026, 2030 with you. Hope this information will help you a lot to take a decision for investing in HDFC Bank share.

But before doing any investment you should do analysis or you should take advise from your financial advisor.

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