HDFC Bank shares jump another 2% after strong Q4 FY25 results; Check brokerages’ targets

HDFC Bank shares climbed nearly 2% on Tuesday, April 22, reaching ₹1,965.10 in intraday trade, continuing their upward momentum after the private sector lender reported strong Q4 FY25 results. The stock touched an intraday high of ₹1,970.60, now approaching its 52-week high, and was last seen trading up ₹38.00 from its previous close of ₹1,927.10.

The standalone net profit for the quarter stood at ₹17,616 crore, up 6.7% year-on-year, exceeding analyst expectations of ₹17,072 crore. Sequentially, profit grew by 5.3%. The bank’s board recommended a dividend of ₹22 per share (face value ₹1), with the record date set as June 27, 2025.

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Asset quality remained stable with Gross NPA at 1.33% (down QoQ from 1.42%) and Net NPA at 0.43%. Provisions fell sharply to ₹3,190 crore from ₹13,510 crore in Q4 FY24. Net interest income (NII) rose 10.3% YoY to ₹32,070 crore, while the net interest margin (NIM) stood at 3.54% on total assets.

Hdfc Bank Share Price history

Day Open Close Change %
Mon, Apr 21 2025
₹1,924.00
₹1,927.10
+1.07%
Thu, Apr 17 2025
₹1,882.00
₹1,906.70
+1.53%
Wed, Apr 16 2025
₹1,883.80
₹1,878.00
+0.70%
Tue, Apr 15 2025
₹1,865.00
₹1,864.90
+3.22%
Fri, Apr 11 2025
₹1,774.75
₹1,806.75
+2.37%
Wed, Apr 9 2025
₹1,765.00
₹1,765.00
-0.23%
Tue, Apr 8 2025
₹1,765.00
₹1,769.15
+0.65%
Mon, Apr 7 2025
₹1,762.80
₹1,757.70
-3.28%

 

Deposits grew 15.8% YoY to ₹25.28 lakh crore, with CASA deposits forming 34.8% of the total. Gross advances reached ₹26.44 lakh crore, led by a 9% growth in retail loans and 12.8% in rural and commercial loans, although corporate loans declined 3.6%.

The capital adequacy ratio (CAR) stood strong at 19.6%, up from 18.8% YoY, reflecting robust capital strength.

Brokerage outlook

Following the strong Q4 performance, brokerages have raised their target prices:

  • Axis Capital: Maintained ‘Buy’, raised target to ₹2,205 from ₹2,000
  • Jefferies: ‘Buy’ maintained, revised target to ₹2,340 from ₹2,120
  • CLSA: Remained ‘Buy’, increased target to ₹2,200 from ₹1,785
  • Macquarie: Continued with ‘Outperform’, lifted target to ₹2,300

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.