Hdfc Bank Share Price Today on 05-11-2024: At 05 Nov 16:01 today, Hdfc Bank shares are trading at price ₹1757.95, 2.56% up from the previous closing price. Sensex is trading at ₹79476.63, up by 0.88%. The stock has hit a high of ₹1762.5 and a low of ₹1698 during the day.
On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days.
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 1738.61 |
10 | 1736.44 |
20 | 1700.45 |
50 | 1686.43 |
100 | 1661.65 |
300 | 1571.69 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹1780.83, ₹1804.17, & ₹1845.63, whereas it has key support levels at ₹1716.03, ₹1674.57, & ₹1651.23.
Till 4 PM today, the volume traded on NSE & BSE for Hdfc Bank was 36.01% higher than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.
Overall, as per Mint technical analysis, The stock is showing initial signs of a trend reversal after a robust uptrend.
From a fundamental analysis perspective, the company has a ROE of 17.18% & ROA of 2.00% respectively.The current P/E of the stock is at 18.91 & P/B is at 2.71.
The median 1-year forecasted upside in this share is at 10.41% with a target price of ₹1941.00.
The company has a 0.00% promoter holding, 8.27% MF holding, & 48.00% FII holding as per filings in the september quarter.
The MF holding has increased from 8.21% in june to 8.27% in the september quarter.
The FII holding has increased from 47.15% in june to 48.00% in the september quarter.
Hdfc Bank share price has gained 2.56% today to trade at ₹1757.95 in resonance with its peers. Its peers such as
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