BAJAJ BROKING

Notification
No new Notification messages
Wagons Learning IPO is Open!
Apply for the Wagons Learning IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

MTF Stock Pick: HDFC Bank – A Strategic Opportunity Backed by Bajaj Broking Research

Listen to our Podcast: Grow your wealth and keep it secure.

0:00 / 0:00

The Bajaj Broking Research Desk has identified HDFC Bank as a notable Margin Trading Facility (MTF) stock pick, targeting a price of ₹1,947 from its current level of ₹1,725. This recommendation stems from HDFC Bank’s strong Q2FY25 performance, which showcased stable margins, robust deposit growth, and strategic branch expansion. This selection reflects the bank’s readiness to seize economic and credit growth opportunities.

Recommendation Details

  • Stock Name: HDFC Bank
  • Current Price: ₹1,764.75
  • Target Price: ₹1,947
  • Duration: 35 Days

HDFC BANK LTD

Trade

1932.50.80 (0.04 %)

Updated - 07 May 2025
1944.00day high
DAY HIGH
1922.40day low
DAY LOW
2401551
VOLUME (BSE)

Why HDFC Bank?

HDFC Bank’s Q2FY25 performance exemplifies resilience and strategic foresight. Key highlights include:

  • Stable Margins & Deposit Growth: HDFC Bank’s efforts to optimize its loan-deposit ratio and replace high-cost borrowings have resulted in strong deposit growth and stable margins, positioning the bank well for economic improvements and credit growth.
  • Future Growth Prospects: The bank’s portfolio improvements and expanded retail loan mix are expected to support a better credit-deposit ratio and maintain steady margins over the medium term. Management is committed to restoring the credit-deposit (C/D) ratio to pre-merger levels of 86-87% within 2-3 years through controlled loan expansion and deposit optimization.
  • Branch Network Expansion: HDFC Bank’s strategic expansion through 240 new branches nationwide during Q2FY25 reflects its intent to capitalize on ongoing credit growth opportunities.

What is Margin Trading Facility (MTF)?

Margin Trading Facility enables investors to leverage their market positions by borrowing funds to trade larger volumes. While this can enhance potential returns, it requires careful management and consideration of associated risks. Bajaj Broking’s MTF services are structured to provide flexibility and expert-backed strategies for informed trading. Explore more about MTF with Bajaj Broking.

Technical Outlook

HDFC Bank’s share price has been in a steady uptrend over the past nine months, forming a bottom at ₹1,363 in February 2024. The breakout above multiple highs over the last three years signals a potential structural turnaround, creating a fresh entry opportunity for investors. Among key technical indicators, the weekly MACD has shown a positive bias, rebounding from its nine-period average and validating upward momentum. The stock is expected to continue its upward movement, with a target of ₹1,947 based on a 161.8% external retracement of its previous breather range (₹1,725-₹1,363).

Conclusion

HDFC Bank offers an opportunity for strategic investment under Bajaj Broking’s MTF recommendation, supported by strong financials and expert analysis. Leveraging MTF can help investors maximize their market exposure and returns, backed by research-driven insights.

Note: The figures are as of 3:30 PM on 11th November 2024. For more details, you can check out the Research report attached below.

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

For All Disclaimers Click Here: https://bit.ly/3Tcsfuc

Share this article: 

Read More Blogs

Disclaimer :

The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes.

The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.

Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.

BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.

Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

[ Read More ]

For more disclaimer, check here : https://www.bajajbroking.in/disclaimer

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

9.5 lakh+ Users

icon-with-text

4+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4400+ Cr MTF Book

icon-with-text