HDFCBANK - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.6
| Stock Code | HDFCBANK | Market Cap | 12,28,734 Cr. | Current Price | 798 ₹ | High / Low | 1,020 ₹ |
| Stock P/E | 16.8 | Book Value | 350 ₹ | Dividend Yield | 1.38 % | ROCE | 7.35 % |
| ROE | 14.3 % | Face Value | 1.00 ₹ | DMA 50 | 899 ₹ | DMA 200 | 939 ₹ |
| Chg in FII Hold | -0.71 % | Chg in DII Hold | 0.93 % | PAT Qtr | 18,654 Cr. | PAT Prev Qtr | 18,641 Cr. |
| RSI | 26.7 | MACD | -26.9 | Volume | 17,88,51,762 | Avg Vol 1Wk | 6,79,69,758 |
| Low price | 770 ₹ | High price | 1,020 ₹ | PEG Ratio | 0.76 | Debt to equity | 6.28 |
| 52w Index | 11.3 % | Qtr Profit Var | 11.5 % | EPS | 47.6 ₹ | Industry PE | 14.3 |
📊 HDFCBANK shows weak technical momentum but strong fundamentals. The RSI at 26.7 indicates oversold conditions, suggesting a possible rebound. However, the MACD (-26.9) and price trading below both 50 DMA (₹899) and 200 DMA (₹939) reflect bearish sentiment. Fundamentals like consistent PAT (₹18,654 Cr.) and EPS (₹47.6) provide stability, but high debt-to-equity (6.28) and low ROCE (7.35%) are concerns.
💡 Optimal Entry Price: ₹770–₹790, near the recent low of ₹770.
📈 Exit Strategy (if already holding): Consider exiting around ₹890–₹910 (near 50 DMA resistance) unless momentum improves.
✅ Positive
- Strong quarterly PAT stability (₹18,654 Cr. vs ₹18,641 Cr.).
- EPS of ₹47.6 supports earnings consistency.
- PEG ratio of 0.76 indicates undervaluation relative to growth.
- DII holdings increased (+0.93%), showing domestic institutional support.
⚠️ Limitation
- ROCE (7.35%) is relatively weak compared to peers.
- Debt-to-equity ratio of 6.28 is high for a bank.
- Stock trading below both 50 DMA and 200 DMA reflects bearish trend.
📉 Company Negative News
- FII holdings declined (-0.71%), showing reduced foreign investor confidence.
- Weak technical indicators (RSI, MACD) suggest limited short-term upside.
📈 Company Positive News
- Quarterly profit variation of 11.5% shows steady growth.
- Strong market cap (₹12,28,734 Cr.) ensures stability.
- Dividend yield of 1.38% adds shareholder value.
🏭 Industry
- Banking sector remains critical to India’s economy with steady demand.
- Industry P/E at 14.3 makes HDFCBANK slightly overvalued (P/E 16.8).
🔎 Conclusion
HDFCBANK is fundamentally stable but technically weak in the short term. It may be suitable for swing trading if entered near ₹770–₹790, with a target around ₹890–₹910. Traders should exercise caution due to bearish momentum and monitor RSI recovery before committing heavily.