HDFCBANK Share Price, Analysis & Fundamentals

HDFC Bank shows strong year-over-year profit growth of 9.28% and analyst buy ratings despite a bearish technical trend and recent price weakness.

The stock is experiencing a bearish trend, with its price trading below key moving averages (9, 21, and 50-day EMAs) and a negative trend alignment score of -3. This suggests a downward price movement is currently dominant, with momentum further weakened by an RSI of 40.98 and a bearish MACD signal, indicating a lack of buying pressure.
Despite the bearish technicals, fundamental analysis reveals positive growth. The company reported revenue of ₹87,182 Cr in March 2026, with year-over-year growth of 0.464% and a more substantial net profit increase of 9.277%. This indicates underlying business strength despite short-term market sentiment.
Analysts maintain a strong positive outlook, with 97.37% of ratings being either 'Strong Buy' or 'Buy', a sentiment that has remained consistent over the past month. This suggests that institutional and expert opinion remains optimistic about the company's future prospects.
Institutional investors, including FIIs and DIIs, hold a significant 84.19% of the company's stake. While FIIs reduced their holdings by 3.62% quarter-over-quarter, DIIs increased theirs by 3.14%, indicating a shift in institutional strategy but a continued strong belief in the stock.
A recent announcement from HDFC Bank Limited on June 2, 2026, concerns a special window for the transfer and dematerialisation of physical shares. Additionally, on May 29, 2026, the bank allotted 1,316,960 equity shares following the exercise of ESOP/RSU, which could slightly impact share count but is a routine event.

Short-term returns show a slight decline over the past month (-6.29%) and quarter (-15.92%).
The trend is bearish, with the price below the 9, 21, and 50-day EMAs, and a negative trend alignment score of -3.
Momentum is weak, indicated by an RSI of 40.98 and a bearish MACD signal.
Volatility is present, with the price positioned at 24.97% of the Bollinger Band width.
The stock is trading 26.1% below its 52-week high and 2.32% above its 52-week low, with a current drawdown of -26.1%.

The market exhibits a bearish trend, characterized by prices trading below key EMAs and a negative trend alignment score. Momentum indicators such as RSI and MACD also signal weakness. The stock is positioned significantly below its 52-week high, indicating substantial downside from its peak, although it remains above its 52-week low. Volatility is a factor, with the price occupying a position within the Bollinger Bands.

The company reported a revenue of ₹87,182 Cr in Mar 2026.
Quarter-over-quarter, revenue increased by 0.132%, net profit by 1.851%, and EPS by 2.72%.
Year-over-year, revenue grew by 0.464%, net profit by 9.277%, and EPS by 7.392%.
Profitability shows an upward trend with net profit increasing both quarter-over-quarter and year-over-year.

HDFC Bank Limited announced a special window for transfer and dematerialisation of physical shares via newspaper publication on June 2, 2026. Additionally, on May 29, 2026, the bank allotted 1,316,960 equity shares following the exercise of ESOP/RSU.