When did HDFC Bank split?
HDFC Bank Ltd.
HDFC Bank Stock Split History: HDFC Bank Ltd. has split the face value 2 times since July 14, 2011. HDFC Bank Ltd. had last split the face value of its shares from ₹2 to ₹1 in 2019.The share has been quoting on an ex-split basis from Sept. 19, 2019.
HDFC Bank has not announced any Bonus Issue since 2018.
HDFC Bank's margin came largely flat, which was slightly below its expectations, even as the Bank deployed excess liquidity and significantly drew down the LCR ratio, said the brokerage. "Loan growth was healthy driven by growth in retail and continued traction in Commercial and Rural Banking.
- Promoter group (HDFC) 0%
- Foreign institutional investor (FII) 52.13%
- Individual shareholders. 13.66%
- Domestic Institutional Investors. Mutual funds. Insurance companies (Including LIC) 30.6% 19.71% 8.74%
- NPS (HDFC Pension Management Scheme E) 1.50.
HDFC Bank stock (symbol: HDB) underwent a total of 2 stock splits.
Despite much skepticism, the market lapped up the issue and we recorded 55 times oversubscription. Within two months of this IPO issue, the Bank's shares were quoted at 300 per cent premium. After a long and arduous listing process, HDFC Bank was listed on the Bombay Stock Exchange in May 1 995 at `39.95.
HDFC Bank share price outlook
Stock is trading at only 15x FY25E earnings and 2.3x FY25E book value of ₹700 per share. In the last five years, earnings have grown at 17% CAGR, while market cap growth is only 9%.
There are 21 analysts who have given it a strong buy rating & 14 analysts have given it a buy rating. 0 analysts have given the stock a sell rating.
HDFC Bank is very good stock to invest always for long term. Now it is trading at about 1415 INR levels approx. And after the merger of HDFC AMC in the bank, its price fall quite aggressively. However there is no effect on its price and it's profit margins.
Is HDFC Bank in debt?
HDFC Bank long term debt for the quarter ending December 31, 2023 was $95.959B, a 273.19% increase year-over-year. HDFC Bank long term debt for 2023 was $24.996B, a 22.01% increase from 2022. HDFC Bank long term debt for 2022 was $20.487B, a 27.55% increase from 2021.
HDFC Bank Market Cap
HDFC Bank has a market cap or net worth of $140.82 billion as of March 21, 2024. Its market cap has increased by 18.47% in one year.
Renowned for its robust performance and innovative solutions, HDFC Bank is a key player in retail, corporate, and institutional banking. On July 1, 2023, HDFC Bank merged with HDFC Ltd., its sister housing finance company. The merger took place to provide better and more comprehensive financial services to the users.
Founded in 1977 by Hasmukhbhai Parekh, the entrepreneur who would also develop the institution that became ICICI Bank, HDFC by now had a strong brand name as a trusted provider of housing finance.
The SBI, or the State Bank of India, is the largest bank in India by total assets, while HDFC Bank tops the list in terms of market capitalisation. 2. What is a bank's market capitalisation, and why is it important? A bank's market capitalisation is the total value of all its shares of stock.
HDFC Bank vs RIL
At a market capitalisation of around Rs 18.5 lakh crore on Monday's closing price, RIL is India's largest company by market capitalisation while HDFC Bank is at No. 3 slot with a market value of Rs 9.26 lakh crore.
HDFC Bank is headquartered in Mumbai. As of December 31, 2023, the Bank's distribution network was at 8,086 branches across 3,836 cities. Customers across India are serviced through multiple delivery channels such as Phone Banking, Net Banking, Mobile Banking, and SMS based banking.
The merger of Centurion Bank of Punjab Ltd (CBoP) with HDFC Bank Limited became effective on May 23, 2008 as per the order of Reserve Bank of India (RBI) with April 1, 2008 as the appointed date.
You can easily buy HDFC Bank shares in Groww by creating a demat account and getting the KYC documents verified online.
| Name | 10 Year Price Total Return |
|---|---|
| HDFC Bank Limited ADR | 195.1% |
| City Union Bank Ltd | 240.5% |
| Federal Bank Ltd. | 258.9% |
| Karur Vysya Bank Ltd | 292.1% |
What is the 10 year return of HDFC Bank share?
| YTD | 10 Years | |
|---|---|---|
| HDFC Bank | -15.59 | 14.67 |
| S&P BSE Sensex | 0.82 | 12.84 |
| S&P BSE Bankex | -2.34 | 14.42 |
| 1 Day | -0.14% |
|---|---|
| 3 Months | -13.63% |
| 1 Year | -8.4% |
| 3 Years | -1.79% |
| 5 Years | 26.86% |
| Name | Equities | % |
|---|---|---|
| Life Insurance Corporation of India (Investment Portfolio) 4.322 % | 328,257,683 | 4.322 % |
| HDFC Asset Management Co. Ltd. (Invt Mgmt) 2.493 % | 189,387,227 | 2.493 % |
| Government of Singapore 1.964 % | 149,179,486 | 1.964 % |
| UTI Asset Management Co. Ltd. (Investment Management) 1.944 % | 147,698,964 | 1.944 % |
HDFC Bank Share Price Target 2024
Global broking firm Bernstein has a 'Outperform' rating on the company recommending a target price of Rs 2100.
HDFC Bank is very good stock to invest always for long term. Now it is trading at about 1415 INR levels approx. And after the merger of HDFC AMC in the bank, its price fall quite aggressively. However there is no effect on its price and it's profit margins.
References
- https://www.hdfcbank.com/content/bbp/repositories/723fb80a-2dde-42a3-9793-7ae1be57c87f/?path=/Footer/About%20Us/News%20Room/Milestone_20200511_All-years.pdf
- https://m.economictimes.com/markets/stocks/news/hdfc-bank-dethrones-reliance-industries-as-new-baahubali-of-nifty/articleshow/101655220.cms
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- https://finbox.com/NYSE:HDB/explorer/asset_price_return_10y/
- https://www.hdfcbank.com/personal/about-us/overview/who-we-are
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- https://companiesmarketcap.com/hdfc-bank/stock-splits/
- https://www.livemint.com/hdfc-bank/bonus/companyid-s0003020
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- https://www.hdfcbank.com/content/bbp/repositories/723fb80a-2dde-42a3-9793-7ae1be57c87f/?path=/Footer/About%20Us/News%20Room/Press%20Release/Archives%20pdf/Fr_April_June_2008.pdf
- https://www.quora.com/Should-I-buy-HDFC-stocks-now-or-wait-for-a-further-dip-in-prices
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- https://www.hdfcbank.com/content/bbp/repositories/723fb80a-2dde-42a3-9793-7ae1be57c87f/?path=/Footer/About%20Us/News%20Room/Press%20Coverage/PDF-Press%20Coverage/Euromoney%20Interview%20of%20Mr%20Puri%20-%20Cover%20Story.pdf
- https://en.wikipedia.org/wiki/HDFC_Bank
- https://www.forbesindia.com/article/explainers/top-10-banks-india-by-market-cap/87913/1
- https://groww.in/stocks/hdfc-bank-ltd
- https://www.marketscreener.com/quote/stock/HDFC-BANK-LIMITED-9058969/company/
- https://stockanalysis.com/stocks/hdb/market-cap/
