Manas Jaiswal of manasjaiswal.com has a buy call on HDFC Bank Ltd. with a target price of Rs 2210. The current market price of HDFC Bank Ltd. is Rs 2147.45. The time period given by the analyst is Intra Day when HDFC Bank Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss at Rs 2120. HDFC Bank, incorporated in 1994, has a market cap of Rs 583999.32 crore.
HDFC Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 62661.79 Crore to Sales Value (78.09 % of Total Sales), Income From Investment which contributed Rs 16222.37 Crore to Sales Value (20.21 % of Total Sales), Interest which contributed Rs 833.31 Crore to Sales Value (1.03 % of Total Sales) and Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 523.88 Crore to Sales Value (0.65 % of Total Sales)for the year ending 31-Mar-2018.
The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 10097.73 Crore (1.33 % of total assets) and Net Non Performing Assets (Net NPAs) of Rs 3028.24 Crore (.40% of total assets). For the quarter ended 30-09-2018, the company has reported a Standalone Interest Income of Rs 18827.68 Crore, up 8.26 % from last quarter Interest Income of Rs 17390.73 Crore and up 22.61 % from last year same quarter Interest Income of Rs 15355.75 Crore. The bank has reported net profit after tax of Rs 5005.73 Crore in latest quarter.
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