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Business / Sun, 14 Apr 2024 ET Now

HDFC share price target 2024: Dividend, Q4 2024 result date and time ANNOUNCED, Time to buy?

Authored by : ET Now Digital Updated Apr 14, 2024 | 05:04 PM IST Photo : ET Now Digital HDFC Bank Dividend & Q4 2024 ResultHDFC Bank dividend, Q4 FY24 result date and time: The Board meeting of HDFC bank will take place on Saturday, April 20, 2024 to consider and approve audited financial results for the year ended March 31, 2024. HDFC Bank share price target 2024 JM Financials in its April 12 report has given 'buy' rating to HDFC Bank stocks at the current market price of Rs 1,536 apiece. HDFC Bank share price HDFC Bank Ltd is a prominent player in the Indian banking sector, known for its strong financial performance and extensive customer base. As of April 12, 2024, HDFC Bank's stock closed at ₹1518.90, showing a decline of ₹16.90 or 1.10% from the previous close on BSE. In terms of market capitalization, HDFC Bank boasts a substantial full market cap of ₹11,53,894.76 croreHDFC bank dividend history In the past few years, the company has consistently rewarded its shareholders with dividends.

Authored by : ET Now Digital Updated Apr 14, 2024 | 05:04 PM IST Photo : ET Now Digital HDFC Bank Dividend & Q4 2024 Result

HDFC Bank dividend, Q4 FY24 result date and time: The Board meeting of HDFC bank will take place on Saturday, April 20, 2024 to consider and approve audited financial results for the year ended March 31, 2024. Moreover, the board may announce the dividend on the equity shares for the financial year 2023-24.

HDFC Bank share price target 2024 JM Financials in its April 12 report has given 'buy' rating to HDFC Bank stocks at the current market price of Rs 1,536 apiece. It has given the target price of the stock at Rs 2,010 apiece with an upside of 30.8 per cent.

HDFC Bank share price HDFC Bank Ltd is a prominent player in the Indian banking sector, known for its strong financial performance and extensive customer base. As of April 12, 2024, HDFC Bank's stock closed at ₹1518.90, showing a decline of ₹16.90 or 1.10% from the previous close on BSE.

Over the past 52 weeks, HDFC Bank's stock has ranged from a high of ₹1,757.80 to a low of ₹1,363.45, with upper and lower price bands set at ₹1,670.75 and ₹1,367.05, respectively. In terms of market capitalization, HDFC Bank boasts a substantial full market cap of ₹11,53,894.76 crore

HDFC bank dividend history In the past few years, the company has consistently rewarded its shareholders with dividends. On June 29, 2021, a dividend of Rs. 6.5000 per share was announced with a record date of June 30, 2021. This was followed by another dividend of Rs. 15.5000 per share declared on May 12, 2022, with a record date of May 13, 2022. Most recently, on May 16, 2023, the company declared a final dividend of Rs. 19.0000 per share, and the record date for this dividend was set as May 16, 2023. These dividends reflect the company's commitment to rewarding its shareholders and sharing its profits with them regularly.

HDFC Q3 2024 result The company's financial results for the fiscal year 2022-23 demonstrate robust performance, with significant growth in revenue and net profit. In December 2023, the revenue stood at Rs. 70,582.61 crore, showing a steady upward trend from Rs. 67,698.39 crore in September 2023 and Rs. 1,61,585.55 crore for the full fiscal year. Similarly, the net profit also witnessed a positive trajectory, reaching Rs. 16,372.54 crore in December 2023, compared to Rs. 15,976.11 crore in September 2023 and a total of Rs. 44,108.71 crore for the fiscal year.

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(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)

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