Hdfc Bank Share Price Today on 22-11-2024: Hdfc Bank share price are down by -0.25%, Nifty up by 0.92%

Hdfc Bank Share Price Today on 22-11-2024: At 22 Nov 12:01 today, Hdfc Bank shares are trading at price ₹1737.65, -0.25% down from the previous closing price. Sensex is trading at ₹77880.02, up by 0.94%. The stock has hit a high of ₹1753.8 and a low of ₹1729.3 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 :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹1756.6, ₹1770.2, & ₹1781.4, whereas it has key support levels at ₹1731.8, ₹1720.6, & ₹1707.0.

Hdfc Bank Share Price Today

Till 12 AM today, the volume traded on NSE & BSE for Hdfc Bank was -51.74% lower 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 currently experiencing a strong bullish trend.

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 19.20 & P/B is at 2.76.

The median 1-year forecasted upside in this share is at 11.93% with a target price of ₹1945.00.

The company has a 0.00% promoter holding, 24.53% MF holding, & 48.00% FII holding as per filings in the september quarter.

The MF holding has decreased from 24.83% in june to 24.53% 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 down -0.25% today to trade at ₹1737.65 while its peers are mixed. Its peers such as Axis Bank are falling today, but its peers ICICI Bank, State Bank Of India, Kotak Mahindra Bank are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.92% & 0.94% each respectively.