HDFC Bank Share Price History from 1995 to 2023

In this article, you will find the details of HDFC Bank Share Price History. Additionally, we will provide important fundamental details about HDFC Bank Shares.

HDFC Bank Share Price History

Since its inception, HDFC Bank has seen a dynamic trajectory in its stock prices, echoing its internal milestones and the broader economic environment. Starting in 1995 with a humble share price of ₹5.90, the bank showed great promise, as evidenced by consecutive significant rises over the next couple of years, peaking at ₹15.60 in 1997.

However, the bank was not immune to the market’s ebbs and flowed like any financial entity. 1998 saw a decline of nearly 30% in its stock value, but HDFC Bank bounced back phenomenally in 1999 with an impressive 194.9% surge. The early 2000s were marked by steady growth, with occasional dips. The period between 2003 and 2007 was particularly prosperous, with the bank’s stock price leaping from ₹73.33 to a commendable ₹345.56.

However, the global financial crisis of 2008 left its mark, causing the stock to plummet by 42.3%, settling at ₹199.52. Yet, HDFC Bank’s robust fundamentals and trusted brand name allowed it to recover relatively quickly. By 2010, the stock price had climbed to ₹234.13. The ensuing decade saw a mixture of growth spurts and minor setbacks.

Notably, 2017 was a banner year, with a significant jump of 55.5% to ₹934.70. Despite facing challenges, by 2022, the bank’s share price had reached a striking ₹1627.30. However, 2023 presented a downturn, as the stock dropped by 8.1%, adjusting to ₹1496.50. Through its journey, HDFC Bank’s resilience and adaptability have been demonstrated, highlighting its strength in navigating the intricate world of finance.

Also Read: SBI Share Price History from 1995

About HDFC BANK

HDFC Bank, synonymous with trust and reliability in India’s banking sector, stands tall as one of the nation’s leading private-sector banks. Established in 1994, the bank has consistently showcased a solid commitment to providing a wide range of financial services to its vast customer base.

Its headquarters in Mumbai, HDFC Bank, has efficiently expanded its reach nationwide, boasting many branches and ATMs catering to millions. Not just limited to traditional banking, HDFC Bank has innovatively integrated digital solutions, offering customers state-of-the-art online and mobile banking experiences. Their tech-forward approach ensures that urban and rural customers can access their services seamlessly.

Beyond just banking, HDFC Bank plays a pivotal role in empowering individuals and businesses through various financial products like insurance, credit cards, and loans. Their customer-centric approach and robust financial health have garnered them numerous accolades and a reputation for excellence.

Moreover, their dedication extends beyond business, as HDFC Bank frequently undertakes community service initiatives, reflecting their commitment to the broader society. Whether it’s about setting industry standards, pioneering digital banking, or contributing to community welfare, HDFC Bank remains a stalwart in India’s financial landscape.

Fundamentals of HDFC BANK

Here are some primary fundamental data about HDFC BANK (until 2023):

Market Capitalization and Stock Price:

HDFC Bank’s substantial market capitalization of ₹ 11,34,619 Cr. showcases its dominance and vast footprint in the financial sector. Currently, the stock is priced at ₹ 1,496. Over recent times, it has seen a high of ₹ 1,758 and a low of ₹ 1,447, indicating its trading range and the market’s valuation of the bank.

Valuation and Earnings:

The Price-to-earnings (Stock P/E) ratio for HDFC Bank stands at 16.8, which gives an insight into how the market values the bank relative to its earnings. Each share, as denoted by the Earnings Per Share (EPS), earns ₹ 89.6. With a Book Value of ₹ 519 per share, the Price to Book Value ratio is calculated at 2.88. This metric provides another angle on how the stock is valued concerning its intrinsic worth.

Dividend and Profitability:

HDFC Bank offers its shareholders a dividend yield of 1.27%, which is a testament to its commitment to sharing profits with its investors. Regarding profitability metrics, the bank’s Return on Capital Employed (ROCE) stands at 6.24%, and its Return on Equity (ROE) is a healthy 17.1%. These figures show the bank’s efficiency in using its capital and equity to generate returns.

Debt and Ownership Structure:

A significant figure to note is the bank’s total debt, which amounts to a staggering ₹ 21,39,212 Cr. This results in a Debt to Equity ratio of 7.39, suggesting a high leverage. Interestingly, the Promoter holding is stated as 0.00%, which is uncommon for such a large entity and denotes its broad shareholder base and ownership structure.

(Disclaimer: The information is presented ‘as is’ and is intended solely for educational and informational purposes, not for trading decisions or professional advice. We strongly advise conducting your own thorough research before making any investment.)

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