Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessMarketsCash Market | A reversal due in HDFC Bank

    Cash Market | A reversal due in HDFC Bank

    HDFC Bank has consolidated well and may be creating a reversal pattern

    Moneycontrol Contributor
    July 25, 2022 / 06:24 IST
    HDFC Bank | CMP: Rs 1,348.20 | The share price ended in the red on July 18. HDFC Bank reported Rs 9,195.99 crore standalone net profit for the quarter ended June, up 18.79 percent from the year ago period. Net interest income (NII) stood at Rs 19,481.40 crore, up 14.5 percent year-on-year (YoY). According to Credit Suisse, the results were in line despite Rs 1,300 crore of treasury loss. The credit costs remained low at one percent, aiding healthy return on assets of 1.8 percent. Credit Suisse has raised FY23-24 earnings per share (EPS) estimates by two to three percent and expects 17 percent plus return on equity (RoE).
    • PRO Panorama

      Moneycontrol Pro Panorama | A new AI order is reshaping real estate 

      Nov 21, 2025 / 03:34 PM IST

      Moneycontrol's Pro Panorama November 21 edition: CAG audit reveals problems in Delhi's broken bus services, India’s private bank...

      Read Now
    Unlock This Article

    Are you a PRO subscriber? Sign In

    What Do You Get

    • Ad free Experience

      Seamless navigation, faster responses.

    • Expert Perspective

      Explore 230+ exclusive editorials every month

    • +

      Uncover Insights from World-Renowned Experts and Journalists

    • Actionable Insights

      40+ weekly investment ideas + 3 to 4 daily technical calls

    • Virtual Events

      Exclusive Live Webinars for Expert Trading & Investment Strategies!

    • Newsletters

      Stay ahead with daily and weekly insights

    View Offers

    Unlock exclusive discounts