HDFC Bank Share Price Target at Rs 925: Motilal Oswal Stock Research
HDFC Bank reported quarterly results with healthy business growth and operating profit beating expectations, but provisions were higher than forecast. Motilal Oswal set a price target of Rs 925, citing margin recovery and operating leverage. The bank's advances and deposits grew, with a credit-deposit ratio of 96.0%. Asset quality improved, and group profit rose 5.8%.
How this was made

The 30-second read
Why it matters
The new target implies upside, but margin and cost pressures could limit upside.
Market read
Fresh earnings numbers and a higher price target may drive short‑term buying interest.
What to watch
Higher provisions and cost‑of‑funds may constrain earnings.
Background
HDFC Bank posted in‑line quarterly results with higher operating profit but elevated provisions.
Ticker impact
Motilal Oswal issued a new price target of Rs 925 for HDFC Bank after reporting its quarterly earnings.
potential upside as investors price in the higher target.
The target is 27% above the current price, indicating a bullish view.
Market effects
May lift sentiment for Indian banking sector.
Positive for Indian equities.
Limited to emerging‑market investors.
Counterpoint
Target could be overly optimistic if margin pressures persist.
Key entities
- Research FirmMotilal Oswal
Issued the price target.
- CompanyHDFC Bank
Subject of the earnings report and price target.



