HDFC Bank’s stock has soared to new heights, reaching an impressive ₹1,882.05 during intraday trading on the BSE on April 16, 2025. This marks the bank’s third consecutive day of gains, with shares opening at ₹1,882, up from the previous close of ₹1,864.90. By 10:05 AM, the banking giant’s stock had gained 0.60%, trading at ₹1,876.10. Notably, this record price reflects adjustments made after a stock split in September 2019.

HDFC Bank’s Share Price Performance

Despite fluctuations in the market, HDFC Bank has demonstrated solid growth in its share price this year. By the closing session on April 15, the stock had risen 5% since the start of 2025, contrasting sharply with the Sensex, which had fallen nearly 2%. Last year, the stock hit a 52-week low of ₹1,430.15 on May 13, but it has since rebounded significantly.

• Monthly Gains:
  • March: 6% increase
  • February: 2% increase
  • Current month: 2% increase (up until the previous session)

Upcoming Q4 Results for HDFC Bank

HDFC Bank is set to release its Q4FY25 results on April 19. Financial analysts anticipate a positive report, highlighting improved asset quality and a notable rise in net interest income (NII). Predictions from Motilal Oswal Financial Services suggest that HDFC Bank may see a 5.5% year-on-year increase in NII, alongside a 3% rise in net profit. Conversely, Nuvama expects a 2% quarter-on-quarter growth in NII, although it anticipates a slight dip in margins.

• Expectations Include:
  • Loan growth: 1.2%
  • Deposit growth: 4.2%

Investment Outlook: Is HDFC Bank a Buy?

Long-term perspectives on HDFC Bank remain optimistic, thanks to its robust fundamentals and growth potential. Goldman Sachs recently reaffirmed its ‘buy’ rating with a target price of ₹2,087, following a reduction in savings deposit interest rates. The bank cut rates by 25 basis points, marking its first adjustment since June 2020.

• Additional Insights:
  • Ventura Securities initiated coverage with a ‘buy’ rating and a target price of ₹2,350 over the next two years, citing a recovery in financial metrics post-merger.

Technical Analysis and Expert Opinions

Market analysts express confidence in HDFC Bank’s stock for short to medium-term investments. Mandar Bhojane, an equity research analyst at Choice Broking, notes that the stock’s recent peak indicates strong bullish momentum, although it faces resistance around ₹1,880.

• Key Technical Levels:
  • Support levels: ₹1,820 and ₹1,800
  • Potential upside targets: ₹1,920 and ₹1,960

Investors are advised to consider accumulating shares during dips in the ₹1,835–₹1,800 range, while maintaining a stop loss below ₹1,780 for risk management. However, Jigar S. Patel, Senior Manager of Equity Research at Anand Rathi, warns that the stock is nearing a crucial resistance zone, with a weekly close above ₹1,900 necessary to signal a new uptrend.

Conclusion

Given the current market dynamics and HDFC Bank’s financial health, investors should keep a close eye on upcoming results and stock performance. The bank’s ability to navigate resistance levels will greatly influence its trajectory moving forward. For further insights and updates on market trends, stay connected with our financial news platform.