oday 23 October 11:30 AM, HDFC Bank shares are trading at ₹ 1745.2, up 1.81% from its previous close. Sensex is trading at ₹ 80549.98, up 0.41%. The stock has touched a high of ₹ 1746.45 and a low of ₹ 1702.3 during the day. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 days as well as long term moving averages of 50, 100 and 300 days. The SMA values for the stock are given below:
Day Simple Moving Average
5 1693.53
10 1675.37
20 1700.61
50 1667.52
100 1641.32
300 1569.16
Classic pivot level analysis shows that on the daily time frame, the stock has key resistances at ₹ 1731.13, ₹ 1750.07, and ₹ 1760.13, while it has key support levels at ₹ 1702.13, ₹ 1692.07, and ₹ 1673.13.
hdfc bank share price today
From a fundamental analysis perspective, the company’s ROE is 17.18%. The stock’s current P/E is at 19.07 and P/B at 2.74.
The average 1-year forecasted upside for this stock is 10.99%, with a target price of ₹1937.00. The company has 0.00% promoter holding, 8.27% MF holding and 48.00% FII holding, as per September quarter filings. MF holding increased from 8.21% in June to 8.27% in the September quarter. FII holding increased from 47.15% in June to 48.00% in the September quarter. HDFC Bank share price rose 1.81% to ₹ 1745.2 today, while its peers’ share prices were mixed. Its peers like ICICI Bank, State Bank of India, Axis Bank declined today, but its peer Kotak Mahindra Bank was up. Overall, benchmark indices Nifty and Sensex were up 0.34% and 0.41% respectively.
