Hdfc Bank Limited Stock Price on August 23, 2023

HDB Stock  USD 76.48  0.50  0.65%   
If you're considering investing in HDFC Stock, it is important to understand the factors that can impact its price. As of today, the current price of HDFC Bank stands at 76.48, as last reported on the 5th of August, with the highest price reaching 77.43 and the lowest price hitting 76.24 during the day. At this point, HDFC Bank is very steady. HDFC Bank Limited holds Efficiency (Sharpe) Ratio of 0.0809, which attests that the entity had a 0.0809 % return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for HDFC Bank Limited, which you can use to evaluate the volatility of the firm. Please check out HDFC Bank's Market Risk Adjusted Performance of 0.1939, risk adjusted performance of 0.0754, and Semi Deviation of 1.16 to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
At present, HDFC Bank's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 46.1 T, whereas Common Stock is forecasted to decline to about 4.9 B. . The current year's Price Earnings To Growth Ratio is expected to grow to 6.46, whereas Price To Sales Ratio is forecasted to decline to 2.73. HDFC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Price Book
3.1811
Price Sales
0.072
Shares Float
7.6 B
Wall Street Target Price
88
Earnings Share
2.99

HDFC Bank Main Headline on 23rd of August 2023

HDFC Bank Limited dividend paid on 23rd of August 2023

HDFC Bank Valuation on August 23, 2023

It is possible to determine the worth of HDFC Bank on a given historical date. On August 23, 2023 HDFC was worth 62.19 at the beginning of the trading date compared to the closed value of 62.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HDFC Bank stock. Still, in general, we apply an absolute valuation method to find HDFC Bank's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of HDFC Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HDFC Bank's related companies.
 Open High Low Close Volume
  62.11    62.55    61.48    61.66    2,132,200  
08/23/2023
  62.19    62.56    61.75    62.52    1,791,600  
  62.07    62.24    61.75    61.75    1,176,400  
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Open Value
62.19
62.52
Closing Value
66.15
Upside

HDFC Bank Trading Date Momentum on August 23, 2023

On August 24 2023 HDFC Bank Limited was traded for  61.75  at the closing time. Highest HDFC Bank's price during the trading hours was 62.24  and the lowest price during the day was  61.75 . The net volume was 1.2 M. The overall trading history on the 24th of August contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.23% . The trading delta at closing time to current price is 1.41% .

HDFC Bank Limited Fundamentals Correlations and Trends

By evaluating HDFC Bank's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among HDFC Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HDFC financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About HDFC Bank Stock history

HDFC Bank investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for HDFC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HDFC Bank Limited will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing HDFC Bank stock prices may prove useful in developing a viable investing in HDFC Bank
Last ReportedProjected for Next Year
Common Stock Shares Outstanding2.6 B1.3 B
Net Income Applicable To Common Shares707.9 B743.3 B

HDFC Bank Stock Technical Analysis

HDFC Bank technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of HDFC Bank technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of HDFC Bank trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

HDFC Bank Period Price Range

Low
August 5, 2025
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High

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HDFC Bank Limited cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

HDFC Bank August 5, 2025 Market Strength

Market strength indicators help investors to evaluate how HDFC Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HDFC Bank shares will generate the highest return on investment. By undertsting and applying HDFC Bank stock market strength indicators, traders can identify HDFC Bank Limited entry and exit signals to maximize returns

HDFC Bank Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for HDFC Bank's price direction in advance. Along with the technical and fundamental analysis of HDFC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HDFC to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for HDFC Stock analysis

When running HDFC Bank's price analysis, check to measure HDFC Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HDFC Bank is operating at the current time. Most of HDFC Bank's value examination focuses on studying past and present price action to predict the probability of HDFC Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HDFC Bank's price. Additionally, you may evaluate how the addition of HDFC Bank to your portfolios can decrease your overall portfolio volatility.
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