HDFC Bank Share Price Declines 0.10% to Rs. 2,023.70: What Investors Should Know!

Key Takeaways

• HDFC Bank’s stock is currently trading at ₹2023.70, reflecting a minor 0.10% intraday loss despite opening higher at ₹2014.60.

• The 52-week high remains ₹2,037.70, suggesting current prices are hovering just below all-time highs, keeping investor interest steady.

• Analysts continue to remain bullish with 76% issuing a ‘Buy’ rating, citing strong fundamentals, low volatility (Beta 0.91), and consistent performance.

HDFC Bank share price is trading at ₹2023.70 as of 12 PM on July 30, 2025. It is a marginal dip of 0.10% from the previous close of ₹2025.80. Despite the slight fall, market analysts remain confident in the bank's long-term performance. 76% recommend a 'Buy' and another 20% suggest 'Outperform' rating for the shares.

The stock opened at ₹2014.60 and moved within a tight range during the trading session, hitting a high of ₹2025.00 and a low of ₹2008.00. The intraday movement reflects market hesitation, even as volume stood at 3,489,367 shares, totaling a value of ₹70,624.79 lakhs. The volume-weighted average price (VWAP) was recorded at ₹2016.59, indicating that most trades took place near current price levels.
HDFC Bank share price chart on TradingView shows a loss of 0.11% as of 12.30 PM:

Stable Price Action Near All-Time Highs

HDFC Bank shares have shown resilience near its all-time high of ₹2037.70, which is also its 52-week high. The current share price of ₹2023.70 remains just shy of this mark, reflecting continued investor confidence. On the downside, the 52-week low is significantly lower at ₹1593.30, suggesting solid upward momentum in the past year.

The upper circuit (UC) and lower circuit (LC) limits for the day are set at ₹2228.30 and ₹1823.30, respectively. These limits provide a broad cushion for volatility, yet the stock has largely remained within a stable band throughout the day.

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Strong Fundamentals Continue to Support Valuation

HDFC Bank commands a massive market capitalization of ₹1,553,041 crore, solidifying its position as one of India's largest financial institutions. The stock has a face value of ₹1 and a beta of 0.91, implying relatively low volatility compared to the broader market.

From a valuation standpoint, the trailing twelve-month (TTM) earnings per share (EPS) is ₹91.98, showing a 2.66% year-over-year increase. With a TTM price-to-earnings (PE) ratio of 22.00, the bank is slightly above its sector PE of 20.31 but remains within a reasonable valuation range given its growth trajectory. The stock's price-to-book (P/B) ratio stands at 3.00, and the book value per share is ₹675.07.

Market Outlook

Based on classic pivot point analysis, the immediate resistance levels for investors to watch are at ₹2033.27 (R1), ₹2040.73 (R2), and ₹2048.87 (R3). On the support side, ₹2017.67 (S1), ₹2009.53 (S2), and ₹2002.07 (S3) provide downside protection.

Given its strong financials, stable price action, and positive analyst ratings, HDFC Bank remains a stock to watch closely. Investors should monitor volumes and price action closely as the stock consolidates near its all-time highs, potentially gearing up for a breakout in the sessions ahead.

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FAQs

1. What is the current share price of HDFC Bank?

As of the latest market session, HDFC Bank’s share price stands at ₹2023.70. The stock opened at ₹2014.60 and reached an intraday low of ₹2008.00. Compared to the previous close of ₹2025.80, it has fallen slightly by 0.10%. The price movement shows stability in investor sentiment, especially considering broader market volatility.

2. How has HDFC Bank stock performed in recent sessions?

HDFC Bank has shown a mixed performance recently. The current session shows a minor 0.10% decline, but the stock remains resilient above ₹2000. Over the past month, the bank has benefited from strong earnings reports, a stable interest rate environment, and consistent institutional support. Its 52-week high of ₹2037.70 remains within reach. Many are interpreting the recent price movement as a healthy consolidation phase rather than a trend reversal.

3. Is HDFC Bank a good stock to buy now?

Yes, HDFC Bank continues to be favored by most analysts. Of the 41 analysts tracking the stock, 76% have issued a ‘Buy’ rating, while 17% say ‘Hold.’ The bank maintains strong fundamentals, robust NII (Net Interest Income), and a high return on equity. Additionally, recent strategic expansions in retail and rural banking provide long-term growth potential. However, short-term investors may want to watch for a breakout above ₹2040 for momentum entry.

4. What is the 52-week range for HDFC Bank share price?

HDFC Bank’s 52-week price range lies between ₹1593.30 (the lowest) and ₹2037.70 (the highest). This range reflects steady appreciation driven by the bank’s consistent financial results and strong balance sheet. Historically, HDFC Bank has shown a pattern of bouncing off its lower range and testing its upper resistance during strong quarters. The stock’s ability to stay close to its 52-week high suggests that long-term investors continue to see value in its core operations.

5. What key technical indicators should investors watch?

Technical analysis shows that HDFC Bank’s pivot point is at ₹2025.13. If the stock sustains above this level, it may aim for resistance levels at ₹2033.27 and ₹2040.73. On the downside, key support levels are ₹2017.67 and ₹2009.53. A break below these could trigger short-term weakness, while strength above ₹2040 may lead to a fresh rally. The stock’s RSI remains neutral, and MACD shows consolidation.