Overview of HDFC Bank :

HDFC Bank Limited, established in 1994, is one of India’s premier private sector banks. Headquartered in Mumbai, it offers a wide range of banking and financial services, including retail banking, wholesale banking, treasury operations, and digital banking solutions. The bank has a vast network of branches and ATMs across the country, catering to millions of customers.Current Share Price on NSE & BSE

As of June 6, 2025:

• NSE: ₹1,989.40
• BSE: ₹1,990.00

These figures represent a 2.05% increase from the previous closing price of ₹1,941.20. The stock has shown resilience, with a notable upward trend in recent trading sessions.Performance Metrics

• 52-Week High: ₹1,996.30
• 52-Week Low: ₹1,454.00
• Market Capitalization: ₹15.24 lakh crore
• P/E Ratio (TTM): 21.11
• EPS (TTM): ₹92.41
• Dividend Yield: 1.13%

The stock’s performance indicates strong investor confidence and consistent financial health.Recent Developments Influencing Stock Price

1. RBI’s Monetary Policy Adjustment

On June 6, 2025, the Reserve Bank of India (RBI) announced a higher-than-expected reduction in the benchmark repo rate, coupled with a 100 basis points cut in the Cash Reserve Ratio (CRR). This move is expected to increase liquidity in the banking system, benefiting banks like HDFC Bank. Following the announcement, HDFC Bank’s share price surged to a record high of ₹1,996.30.

2. SEBI Approval for HDB Financial Services IPO

HDFC Bank’s subsidiary, HDB Financial Services, received approval from the Securities and Exchange Board of India (SEBI) for its ₹12,500 crore Initial Public Offering (IPO). This development is anticipated to unlock significant value for HDFC Bank, which holds a 94.36% stake in HDB Financial Services. Analyst Forecasts and Price Targets

Analysts have provided the following price targets for HDFC Bank:

• Average Target: ₹2,193.26
• High Estimate: ₹2,793.00
• Low Estimate: ₹1,643.27

These projections suggest a potential upside of approximately 10% from the current trading levels.Financial Highlights

• Q4 FY25 Net Profit: ₹18,834.88 crore
• Total Income (FY25): ₹4,70,915.93 crore
• Return on Equity (ROE): 13.67%
• Return on Assets (ROA): 1.96%

The bank’s strong financial performance underscores its robust operational efficiency and profitability.Technical Analysis

• Relative Strength Index (RSI): 65.78 (indicates bullish momentum)
• Trading Volume: 1.8 times the 30-day average.

The technical indicators reflect strong investor interest and positive market sentiment towards HDFC Bank’s stock.Conclusion

HDFC Bank‘s stock has demonstrated strong performance, driven by favorable macroeconomic factors, strategic initiatives, and robust financial metrics. With positive analyst forecasts and recent developments like the HDB Financial Services IPO, the stock presents a compelling opportunity for investors seeking exposure to India’s banking sector.