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How to buy HDFC Bank (HDFCBANK) shares

Learn how to easily invest in HDFC Bank shares.

HDFC Bank Limited (HDFCBANK) is a leading banks-regional business based in India. It opened the day at INR1512.55 after a previous close of INR1520.45. During the day the price has varied from a low of INR1497.5 to a high of INR1516. The latest price was INR1502 (25 minute delay). HDFC Bank is listed on the NSE and employs 166,890 staff. All prices are listed in Indian Rupee.

How to buy shares in HDFC Bank from India

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for HDFC Bank. Find the stock by name or ticker symbol: HDFCBANK. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until HDFC Bank reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of INRINR1572.65, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of HDFC Bank, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of HDFC Bank. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Compare online trading platforms

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Is it a good time to buy HDFC Bank stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

HDFC Bank shares at a glance

Information last updated 2021-07-09.
OpenINR1,512.55
HighINR1,516.00
LowINR1,497.50
CloseINR1,502.00
Previous closeINR1,520.45
Change INR-18.45
Change % -1.2135%
Volume 5,347,599
Information last updated 2023-03-16.
52-week rangeINR1,271.60 - INR1,702.40
50-day moving average INR1,622.60
200-day moving average INR1,516.16
Wall St. target priceINR1,770.32
PE ratio 23.597
Dividend yield INR0 (0.95%)
Earnings per share (TTM) INR65.68

HDFC Bank stock price (NSE:HDFCBANK)

Use our graph to track the performance of HDFCBANK stocks over time.

HDFC Bank price performance over time

Historical closes compared with the close of INR1502 from 2023-03-17

1 week (2023-03-13) -4.24%
1 month (2023-02-21) -8.78%
3 months (2022-12-21) -7.15%
6 months (2022-09-21) -1.08%
1 year (2022-03-21) 1.04%
2 years (2021-03-19) 0.30%
3 years (2020-03-20) 70.13%
5 years (2018-03-20) 1839.5

Is HDFC Bank stock undervalued or overvalued?

Valuing HDFC Bank stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of HDFC Bank's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

HDFC Bank financials

Revenue TTM INR1,063.6 billion
Operating margin TTM 54.91%
Gross profit TTM INR911.9 billion
Return on assets TTM 2.01%
Return on equity TTM 16.66%
Profit margin 41.22%
Book value INR471.81
Market capitalisation INR8.8 trillion

TTM: trailing 12 months

HDFC Bank's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like HDFC Bank.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

HDFC Bank's total ESG risk score

Total ESG risk: 32.48

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and HDFC Bank's overall score of 32.48 (as at 01/01/2019) is nothing to write home about – landing it in it in the 55th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like HDFC Bank is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

HDFC Bank's environmental score

Environmental score: 7.08/100

HDFC Bank's environmental score of 7.08 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that HDFC Bank is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

HDFC Bank's social score

Social score: 18.65/100

HDFC Bank's social score of 18.65 puts it squarely in the 9th percentile of companies rated in the same sector. This could suggest that HDFC Bank is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

HDFC Bank's governance score

Governance score: 20.24/100

HDFC Bank's governance score puts it squarely in the 9th percentile of companies rated in the same sector. That could suggest that HDFC Bank is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

HDFC Bank's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. HDFC Bank scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that HDFC Bank has, for the most part, managed to keep its nose clean.

HDFC Bank share dividends

20%

Dividend payout ratio: 20.46% of net profits

Recently HDFC Bank has paid out, on average, around 20.46% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.95% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), HDFC Bank shareholders could enjoy a 0.95% return on their shares, in the form of dividend payments. In HDFC Bank's case, that would currently equate to about INR0 per share.

While HDFC Bank's payout ratio might seem low, this can signify that HDFC Bank is investing more in its future growth.

The latest dividend was paid out to all shareholders who bought their shares by 12 May 2022 (the "ex-dividend date").

Have HDFC Bank's shares ever split?

HDFC Bank's shares were split on a 2:1 basis on 19 September 2019. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your HDFC Bank shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for HDFC Bank shares which in turn could have impacted HDFC Bank's share price.

HDFC Bank share price volatility

Over the last 12 months, HDFC Bank's shares have ranged in value from as little as INR1271.6 up to INR1702.4. A popular way to gauge a stock's volatility is its "beta".

HDFCBANK.NSE volatility(beta: 0.71)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NSE average) beta is 1, while HDFC Bank's is 0.7136. This would suggest that HDFC Bank's shares are less volatile than average (for this exchange).

HDFC Bank overview

HDFC Bank Limited provides banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. It operates in Treasury, Retail Banking, Wholesale Banking, Other Banking Business, and Unallocated segments. The company accepts savings, salary, current, rural, public provident fund, pension, and Demat accounts; fixed and recurring deposits; and safe deposit lockers, as well as offshore accounts and deposits, overdrafts against fixed deposits, and sweep-in facilities. It also provides personal, home, car, two wheeler, business, educational, gold, consumer, and rural loans; loans against properties, securities, rental receivables, and assets; loans for professionals; government sponsored programs; and loans on credit card, as well as working capital and commercial/construction equipment finance, healthcare/medical equipment and commercial vehicle finance, dealer finance, and term and professional loans. The company offers credit, debit, prepaid, and forex cards; payment and collection, export, import, remittance, bank guarantee, letter of credit, trade, hedging, and merchant and cash management services; insurance and investment products. It provides short term finance, bill discounting, structured finance, export credit, loan syndication, and documents collection services; online and wholesale, mobile, and phone banking services; unified payment interface, immediate payment, national electronic funds transfer, and real time gross settlement services; and channel financing, vendor financing, reimbursement account, money market, derivatives, employee trusts, cash surplus corporates, tax payment, and bankers to rights/public issue services, as well as financial solutions for supply chain partners and agricultural customers. The company operates 6,378 branches and 18,620 automated teller machines in 3,203 cities/towns.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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