On 19th April 2024, HDFC Bank s shares closed at Rs 1,534.20 apiece, up 2.64 per cent. Let us check what will be share price target for HDFC Bank after it reported Q4 results.
"We will have our day when the proportion of borings comes down. We will have enough momentum in terms of funding, which we can then unleash in terms of growth," said the CEO.
HDFC Bank reported its Q4 results for the quarter ended in March for FY 23-24. Earnings per share for the quarter ended March 31, 2024 was ₹ 23.2 and book value per share as of March 31, 2024 was ₹ 600.8.
HDFC Bank Q4 earnings: Sharekhan sees profit for the bank rising 59.2 percent YoY to Rs 19,185 crore. It sees NII growing 25 percent to Rs 29,213 crore. Non-interest income is expected to be higher led by stake sale in HDFC Credila.