On Monday, shares of HDFC Bank reached a new high of Rs 1950, the highest level in the previous 52 weeks. Many analysts and professionals think that the shares could increase even more in light of this new peak. According to certain brokerage houses, the shares could increase by 35%, which could present investors with a favorable chance.
Positive ratings of brokerage houses on HDFC Bank shares
Brokerage companies are consistently giving HDFC Bank shares high ratings. The bank’s shares have received higher ratings from major brokerage firms like BNP Paribas, UBS, Jefferies, and Nuvama. For HDFC Bank shares, BNP Paribas has set a target price of Rs 2660, which is 35% higher than the present price. UBS, Jefferies, and Nuvama have all set target prices of Rs 2250, Rs 2340, and Rs 2190, respectively. In addition, brokerage firms such as Macquarie and CLSA have rated HDFC shares favorably.
Dividend announcement: A good sign for shareholders
Investors may be encouraged by HDFC Bank’s announcement of a Rs 22 dividend for the fiscal year 2025. Since June 27, 2025, has been set as the dividend record date, you will receive this benefit if you keep onto your shares until then. For investors who are prepared to make long-term investments, this is a favorable chance.
Future prospects of HDFC Bank shares
Right now, HDFC Bank shares have a lot of room to expand, and the company’s future is bright. Investor trust has increased when considering the present state of the economy and the HDFC position in the market. Further increase in the bank’s shares is possible in the future, particularly when the bank’s dividend and brokerage house ratings make it evident that this is a real possibility.
Disclaimer: This information is based on reports from financial experts and brokerage houses. Please take professional advice based on your financial situation and risk appetite before investing.
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