Buy HDFC Bank, target price Rs 1950: Motilal Oswal (2024)

Synopsis

HDFC Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 1158908.72 Crore).

Buy HDFC Bank, target price Rs 1950: Motilal Oswal (1)

Motilal Oswal has buy call on HDFC Bank with a target price of Rs 1950. The current market price of HDFC Bank Ltd. is Rs 1514.55.

HDFC Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 1158908.72 Crore).


HDFC Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2023.

Financials
For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 124391.35 Crore, up 8.15 % from last quarter Total Income of Rs 115015.51 Crore and up 117.62 % from last year same quarter Total Income of Rs 57158.84 Crore. The bank reported net profit after tax of Rs 17622.38 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 25.52 per cent stake in the company as of 31-Mar-2024, while FIIs owned 47.83 per cent, DIIs 33.32 per cent.

(You can now subscribe to our ETMarkets WhatsApp channel)

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.

(You can now subscribe to our ETMarkets WhatsApp channel)

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

...moreless

Pick the best stocks for yourself

Powered by Buy HDFC Bank, target price Rs 1950: Motilal Oswal (2)

    Buy HDFC Bank, target price Rs 1950:  Motilal Oswal (2024)
    Top Articles
    Latest Posts
    Article information

    Author: Tuan Roob DDS

    Last Updated:

    Views: 5413

    Rating: 4.1 / 5 (62 voted)

    Reviews: 93% of readers found this page helpful

    Author information

    Name: Tuan Roob DDS

    Birthday: 1999-11-20

    Address: Suite 592 642 Pfannerstill Island, South Keila, LA 74970-3076

    Phone: +9617721773649

    Job: Marketing Producer

    Hobby: Skydiving, Flag Football, Knitting, Running, Lego building, Hunting, Juggling

    Introduction: My name is Tuan Roob DDS, I am a friendly, good, energetic, faithful, fantastic, gentle, enchanting person who loves writing and wants to share my knowledge and understanding with you.