Do you want to earn money after investing in HDFC Ltd? Are you inquiring about HDFC Ltd’s share price target for the upcoming years 2022, 2023, 2024, 2025, and 2030? If yes then you are reading the right article about it.
I am a share market expert for the last five years. We are here to do a detailed analysis of one of the finance and housing in the private sector HDFC. HDFC is the third-largest company that invests its large amount of funds in the Indian stock exchanges.
HDFC Ltd. Is an Indian company that deals in the sector of housing and financial services. Keki Mistry is the CEO of HDFC Ltd presently. Its headquartered in Maharashtra, India.
HDFC Ltd Quarterly Report Analysis
As the data are concerned HDFC Ltd in the June Quarter of 2021, make net revenue of Rs.11,657.47 Cr. and make a profit of around Rs.3,000.67 Cr. in the September quarter of the same year, they made a net revenue of around Rs.12,215.95 Cr. and make a profit out of it about Rs.3,780.50 Cr. and in the following quarter which is December 2021 company made revenue of Rs.11,783.66 Cr. and make a profit of about Rs.3,260.69 Cr.
In the March quarter of the year 2022, they make a revenue of Rs.12,299.99 Cr. and a profit of around Rs.3,700.32 Cr. in that quarter, and in the June quarter of the year 2022, they made net revenue of Rs.13,240.31 Cr. and make a profit of about Rs.3,668.82 Cr. in this quarter of the year 2022.
HDFC Ltd Annual Report Analysis
In the year 2017, HDFC Ltd. make a net income of around Rs.33,112.79 Cr. and make a profit after paying all the taxes is around Rs.7,442.64 Cr. and In the following year 2018, they make a whole net income of Rs.40,689.22 Cr. and make a profit out of it about Rs.10,959.34 Cr. after paying all the taxes to the govt. bodies. In the next year that is 2019, they make a large net income in the last 3 years which is about Rs.43,348.05 Cr., and make a profit of about Rs.9,632.46 Cr. in that year.
The year 2020 was one of the best years for HDFC Ind because their net income for the whole year is around Rs.58,738.92 Cr.which is pretty much higher than other years and make a profit of Rs.17,769.65 Cr. which is also higher than other years and it’s happening because for the last 5 years HDFC was trying really hard to make their services and process pretty much easy and in the year 2021, the company made the income of around Rs.48,152.26 Cr. and make a profit of Rs.12,027.30 Cr.
In the year 2022, the company hdfc ltd made an income of Rs.47,957.43 Cr. and the profit after tax is around Rs.13,742.18 Cr.
We will try to predict the share price target for HDFC Ltd on the basis of Fibonacci retracement, many fundamental aspects, support, and resistance. All target levels for upcoming years are attached below.
| Year | Target Of HDFC |
|---|---|
| 2022(Target-1) | Rs.2,866 |
| (Target-2) | Rs.3,146 |
| 2023(Target-1) | Rs.3,518 |
| (Target-2) | Rs.3,814 |
| 2024(Target-1) | Rs.4,185 |
| (Target-2) | Rs.4,542 |
| 2025(Target-1) | Rs.4,822 |
| (Target-2) | Rs.5,179 |
| 2030(Target-1) | Rs.7,197 |
| (Target-2) | Rs.9,823 |
The first possible target which HDFC Ltd will cross in the year 2022 is Rs.2,866 and the second, possible target is around Rs.3,146.
We can predict first share price target for the year 2023 is around Rs.3,518 then as every stock price after attaining its high will show some downtrend after they again show positive movement in the same year and go uptrend and we can predict the second possible target which they can beat is about Rs.3,814 and it will happen because they also invest their assets in the share prices of other companies.
We can predict the first share price target for the year 2024 which they surpass is about Rs.4,185 the second possible target which they can find is around Rs.4,542.
For the year 2025, we can predict two possible targets that the shares of HDFC Ltd will beat easily first is around Rs.4,822 and the second is about Rs.5,179.
We can predict the first possible target for the year 2030 which they can cross is around Rs.7,197 and the second possible target which they cross at the end of this decade is around Rs.9,823.
Conclusion
In this post, we have analyzed HDFC Ltd In detail, which includes their technical analysis, quarterly reports, annual reports, and target share prices for upcoming years. If you have any questions regarding this article you can ask me in the comment section.
I am a share market expert for the last five years. I have expertise in technical analysis, and fundamental analysis of stocks, and assets. On this website, I write content like analysis of shares, predict future targets of shares based on analysis, simplify technical analyses, and intraday trading.