![]()
Daily Range
Daily Range![]()
52 Weeks Range
![]()
Momentum of the Stock
Momentum of the Stock
![]()
Circuit Limit
![]()
Financials Strength Score
Financials Strength Score ![]()
Company Profile
![]()
Companies under the same Group
Companies under the same Group![]()
Key Metrics
Key MetricsStandalone
Consolidated
Financials
| Particulars | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SOURCES OF FUNDS: | |||||||||||||
| Total Liabilities & Total Equity | 2,530,432.5 | 2,122,934.2 | 1,799,506.6 | 1,580,830.4 | 1,292,805.8 | 1,103,186.1 | 892,344.1 | 762,212.4 | 607,096.5 | 503,619.9 | 407,723.0 | 341,055.0 | 133,193.1 |
| Share Capital | 558.0 | 554.6 | 551.3 | 548.3 | 544.7 | 519.0 | 512.5 | 505.6 | 501.3 | 479.8 | 475.9 | 469.3 | 354.4 |
| Share Warrants & Outstandings | 1,117.2 | 340.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.3 | 0.0 |
| Total Reserves | 287,762.3 | 246,431.1 | 209,258.9 | 175,810.4 | 153,128.0 | 109,080.1 | 91,281.4 | 73,798.5 | 62,652.8 | 43,686.8 | 36,166.9 | 29,741.1 | 11,180.7 |
| Deposits | 1,882,663.2 | 1,558,003.0 | 1,333,720.9 | 1,146,207.1 | 922,502.7 | 788,375.1 | 643,134.3 | 545,873.3 | 450,283.6 | 367,080.3 | 296,091.8 | 246,539.6 | 100,631.4 |
| Borrowings | 256,548.7 | 226,966.5 | 177,696.8 | 186,834.3 | 157,732.8 | 156,442.1 | 98,415.6 | 103,714.0 | 59,478.3 | 49,596.7 | 39,496.6 | 26,334.2 | 4,594.9 |
| Liabilities & Provisions | 100,922.8 | 89,918.2 | 77,646.1 | 70,853.6 | 58,395.8 | 48,413.5 | 58,708.9 | 38,140.3 | 34,018.9 | 42,624.6 | 35,270.5 | 37,786.9 | 16,394.7 |
| APPLICATION OF FUNDS: | |||||||||||||
| Total Assets | 2,530,432.5 | 2,122,934.2 | 1,799,506.6 | 1,580,830.4 | 1,292,805.8 | 1,103,186.1 | 892,344.1 | 762,212.4 | 607,096.5 | 503,619.9 | 407,723.0 | 341,055.0 | 133,193.1 |
| Cash and balance with RBI | 117,189.3 | 130,030.7 | 97,370.4 | 72,211.0 | 46,804.6 | 104,688.2 | 37,910.6 | 30,076.6 | 27,522.3 | 25,357.2 | 14,630.9 | 14,991.6 | 12,553.2 |
| Balances with banks and money at call | 79,958.5 | 25,355.0 | 23,902.2 | 15,729.1 | 35,013.1 | 18,373.4 | 11,400.6 | 8,992.3 | 9,004.1 | 14,556.2 | 12,900.3 | 6,183.5 | 2,274.8 |
| Investments | 511,581.7 | 449,263.9 | 438,823.1 | 389,305.0 | 289,445.9 | 238,460.9 | 210,777.1 | 193,633.8 | 149,454.4 | 119,571.1 | 110,960.4 | 96,795.1 | 49,288.0 |
| Advances | 1,661,949.2 | 1,420,942.2 | 1,185,283.5 | 1,043,670.8 | 869,222.7 | 700,033.8 | 585,481.0 | 487,290.4 | 383,408.0 | 315,418.8 | 247,245.1 | 198,837.5 | 63,426.9 |
| Net Block | 8,475.6 | 6,476.3 | 5,292.6 | 4,671.1 | 4,264.1 | 3,854.8 | 3,859.0 | 3,523.9 | 3,269.2 | 3,070.5 | 2,817.6 | 2,422.2 | 1,228.3 |
| Lease Adjustment | -44.2 | -44.2 | -44.2 | -44.3 | -44.3 | -44.3 | -44.3 | -44.3 | -44.3 | -44.3 | -44.3 | -44.3 | -32.1 |
| Capital Work in Progress | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Assets | 151,322.3 | 90,910.4 | 48,879.1 | 55,287.6 | 48,099.7 | 37,819.3 | 42,960.2 | 38,739.5 | 34,482.8 | 25,690.3 | 19,213.0 | 21,869.3 | 4,454.0 |
![]()
Financial Statement Analysis
Price to BV
The Industry Price to BV stands at 2.77, vs the Price to BV of 2.84, which results in a Positive aspect.
Debt to Equity Ratio
The Industry Debt to Equity Ratio stands at 1.09, vs the Debt to Equity Ratio of 1.06, which results in a Positive aspect.
Quick Ratio
The Industry Quick Ratio stands at 0.00, vs the Quick Ratio of 0.00, which results in a Negative aspect.
Current Ratio
The Industry Current Ratio stands at 0.00, vs the Current Ratio of 0.00, which results in a Negative aspect.
| Particulars | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Income | 170,754.1 | 135,936.4 | 128,552.4 | 122,189.3 | 105,160.7 | 85,287.9 | 73,271.4 | 63,161.6 | 50,666.5 | 42,555.0 | 35,861.0 | 28,193.4 | 10,117.0 |
| Total Expenditure | 170,754.1 | 135,936.4 | 128,552.4 | 122,189.3 | 105,160.7 | 85,287.9 | 73,271.4 | 63,161.6 | 50,666.5 | 42,555.0 | 35,861.0 | 28,193.4 | 10,117.0 |
| Profit Before Tax | 192,273.9 | 167,348.8 | 150,479.2 | 131,666.8 | 106,472.1 | 89,462.0 | 72,849.3 | 61,096.3 | 49,767.2 | 41,602.7 | 36,592.5 | 30,491.2 | 12,916.6 |
| Less: Taxation | 15,349.7 | 12,722.5 | 10,939.4 | 10,898.6 | 11,872.6 | 9,903.1 | 8,078.1 | 6,693.7 | 5,380.2 | 4,446.9 | 3,104.3 | 2,394.7 | 702.0 |
| Profit After Tax | 46,148.7 | 38,150.9 | 31,856.8 | 27,296.3 | 22,445.6 | 18,560.8 | 15,287.4 | 12,817.3 | 10,700.1 | 8,764.5 | 6,900.3 | 5,273.4 | 1,592.2 |
| Earnings Per Share | 82.4 | 68.6 | 57.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Appropriation | 145,059.9 | 116,647.0 | 93,650.9 | 80,103.6 | 65,431.4 | 53,042.4 | 40,106.1 | 32,352.2 | 25,896.4 | 20,219.4 | 15,491.0 | 11,574.0 | 3,556.4 |
![]()
Financial Statement Analysis
Dividend Yield
The Industry Dividend Yield stands at 0.77, vs the Dividend Yield of 1.11, which results in a Positive aspect.
PAT Growth
The Industry PAT Growth stands at 42.09, vs the PAT Growth of 21.61, which results in a Negative aspect.
PAT Margin
The Industry PAT Margin stands at 20.83, vs the PAT Margin of 22.34, which results in a Positive aspect.
PE Ratio
The Industry PE Ratio stands at 18.97, vs the PE Ratio of 19.69, which results in a Positive aspect.
| Particulars | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit Before Tax | 61,346.8 | 50,775.2 | 42,772.6 | 38,152.5 | 34,205.0 | 28,413.1 | 23,331.1 | 19,495.0 | 16,068.3 | 13,189.6 | 9,973.4 | 7,641.1 | 2,297.1 |
| Tax Paid | -16,367.5 | -14,838.2 | -13,021.5 | -10,877.4 | -12,498.3 | -10,009.9 | -7,684.7 | -7,073.1 | -5,647.3 | -4,209.0 | -3,833.6 | -2,820.2 | -878.8 |
| Adjustment | 18,375.6 | 20,005.3 | 22,846.2 | 16,611.6 | 10,291.8 | 8,324.2 | 5,242.2 | 3,986.5 | 3,127.3 | 2,601.7 | 2,506.3 | 2,701.5 | 1,974.9 |
| Changes In Working Capital | 61,346.8 | 50,775.2 | 42,772.6 | 38,152.5 | 34,205.0 | 28,413.1 | 23,331.1 | 19,495.0 | 16,068.3 | 13,189.6 | 9,973.4 | 7,641.1 | 2,297.1 |
| Cash Flow after changes in Working Capital | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Cash Flow from Operating Activities | 20,813.7 | -11,959.6 | 42,476.5 | -16,869.1 | -62,871.5 | 17,214.4 | 17,281.6 | -34,435.4 | -21,281.0 | 4,210.6 | -5,847.3 | -19,381.2 | 2,750.5 |
| Cash Flow from Investing Activities | -3,423.9 | -2,216.3 | -1,680.9 | -1,616.9 | -1,598.4 | -852.2 | -1,147.7 | -865.6 | -810.8 | -1,066.7 | -906.2 | -687.0 | -628.5 |
| Cash Flow from Financing Activities | 23,940.6 | 48,124.0 | -7,321.4 | 24,394.5 | 23,130.7 | 57,377.7 | -5,893.0 | 37,815.1 | 18,693.9 | 9,270.1 | 13,105.2 | 11,380.0 | 3,632.6 |
| Net Cash Inflow / Outflow | 41,330.4 | 33,948.1 | 33,474.2 | 5,908.5 | -41,339.3 | 73,739.8 | 10,240.9 | 2,514.2 | -3,397.9 | 12,414.1 | 6,351.7 | -8,688.3 | 5,754.6 |
| Opening Cash & Cash Equivalents | 155,385.7 | 121,272.5 | 87,940.1 | 81,817.7 | 123,061.6 | 49,311.1 | 39,068.9 | 36,526.4 | 39,913.4 | 27,531.2 | 21,175.2 | 29,838.3 | 9,073.4 |
| Effect of Foreign Exchange Fluctuations | 431.7 | 165.1 | -141.8 | 214.0 | 95.3 | 10.6 | -28.3 | 28.2 | 10.9 | -31.9 | 4.3 | 25.2 | 0.0 |
| Closing Cash & Cash Equivalent | 197,147.8 | 155,385.7 | 121,272.5 | 87,940.1 | 81,817.7 | 123,061.6 | 49,311.1 | 39,068.9 | 36,526.4 | 39,913.4 | 27,531.2 | 21,175.2 | 14,828.0 |
![]()
Financial Statement Analysis
PCF RATIO
The Industry PCF RATIO stands at -14.86, vs the PCF RATIO of -28.02, which results in a Negative aspect.
PFCF Ratio
The Industry PFCF Ratio stands at 30.97, vs the PFCF Ratio of -13.98, which results in a Negative aspect.
| Particulars | Sep 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 | Jun 2020 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest Earned | 830,017.2 | 794,336.1 | 780,081.7 | 750,391.0 | 511,681.4 | 475,483.4 | 450,021.0 | 409,298.0 | 372,738.0 | 355,742.0 | 345,880.0 | 335,204.0 | 322,538.0 | 326,069.0 | 318,516.0 | 317,423.0 | 323,516.0 | 317,951.0 |
| Other Income | 384,550.2 | 449,577.4 | 370,073.4 | 325,275.2 | 98,531.5 | 96,105.0 | 91,207.3 | 82,523.1 | 69,285.1 | 83,862.6 | 87,769.4 | 79,159.2 | 66,798.7 | 83,025.7 | 79,871.3 | 66,962.0 | 43,469.8 | 64,921.2 |
| Total Income | 1,214,567.4 | 1,243,913.5 | 1,150,155.1 | 1,075,666.2 | 610,212.9 | 571,588.4 | 541,228.0 | 491,821.0 | 442,023.0 | 439,605.0 | 433,650.0 | 414,364.0 | 389,336.0 | 409,095.0 | 398,387.0 | 384,385.0 | 366,986.0 | 382,872.0 |
| Interest Expended | 454,142.1 | 436,915.1 | 432,423.7 | 412,499.1 | 259,547.6 | 226,060.3 | 205,049.0 | 183,108.0 | 163,583.0 | 152,265.0 | 147,240.0 | 144,153.0 | 142,185.0 | 140,832.0 | 145,227.0 | 150,332.0 | 156,085.0 | 155,286.0 |
| Operating Expenses | 488,052.4 | 491,279.1 | 459,261.3 | 420,375.9 | 151,777.1 | 145,910.3 | 134,378.0 | 121,498.0 | 113,551.0 | 110,135.0 | 106,071.0 | 99,849.1 | 87,068.9 | 98,079.2 | 91,798.0 | 86,074.6 | 74,060.8 | 88,602.4 |
| Total Expenditure | 488,052.4 | 491,279.1 | 459,261.3 | 420,375.9 | 151,777.1 | 145,910.3 | 134,378.0 | 121,498.0 | 113,551.0 | 110,135.0 | 106,071.0 | 99,849.1 | 87,068.9 | 98,079.2 | 91,798.0 | 86,074.6 | 74,060.8 | 88,602.4 |
| Operating Profit Before Provisions and Contingencies | 272,372.9 | 315,719.3 | 258,470.1 | 242,791.2 | 198,888.2 | 199,617.8 | 201,802.0 | 187,215.0 | 164,890.0 | 177,204.0 | 180,338.0 | 170,362.0 | 160,082.0 | 170,183.0 | 161,363.0 | 147,978.0 | 136,840.0 | 138,984.0 |
| Exceptional Items | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Provisions and contingencies | 32,688.7 | 138,105.4 | 46,039.0 | 33,117.4 | 32,921.0 | 31,790.9 | 32,441.9 | 37,651.2 | 36,656.8 | 40,305.5 | 38,157.0 | 47,126.7 | 53,663.3 | 57,526.0 | 43,230.5 | 44,201.3 | 43,445.1 | 42,165.0 |
| Profit Before Tax | 239,684.2 | 177,613.9 | 212,431.1 | 209,673.8 | 165,967.2 | 167,826.9 | 169,360.0 | 149,564.0 | 128,233.0 | 136,899.0 | 142,181.0 | 123,235.0 | 106,419.0 | 112,657.0 | 118,132.0 | 103,777.0 | 93,395.1 | 96,818.6 |
| Tax | 53,409.8 | -2,514.8 | 35,251.1 | 36,550.0 | 41,934.7 | 41,486.8 | 42,005.7 | 37,938.1 | 32,066.3 | 32,149.6 | 36,023.6 | 32,035.4 | 27,016.3 | 28,214.0 | 30,530.1 | 26,663.3 | 23,986.3 | 23,851.5 |
| Profit After Tax | 186,274.4 | 180,128.7 | 177,180.0 | 173,123.8 | 124,032.5 | 126,340.1 | 127,354.0 | 111,626.0 | 96,166.7 | 104,749.0 | 106,158.0 | 91,199.6 | 79,402.8 | 84,443.3 | 87,601.9 | 77,113.7 | 69,408.8 | 72,967.1 |
| Net Profit | 186,274.4 | 180,128.7 | 177,180.0 | 173,123.8 | 124,032.5 | 126,340.1 | 127,354.0 | 111,626.0 | 96,166.7 | 104,749.0 | 106,158.0 | 91,199.6 | 79,402.8 | 84,443.3 | 87,601.9 | 77,113.7 | 69,408.8 | 72,967.1 |
| ADDITIONAL INFOS: | ||||||||||||||||||
| Equity Capital | 7,630.8 | 7,596.9 | 7,592.5 | 7,581.8 | 5,591.8 | 5,579.7 | 5,576.8 | 5,570.0 | 5,554.6 | 5,545.5 | 5,542.4 | 5,537.5 | 5,526.7 | 5,512.8 | 5,507.7 | 5,503.7 | 5,490.3 | 5,483.3 |
| Reserves | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Capital Adequacy Ratio | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| % of Net NPAs | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| % of Gross NPAs | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Return on Assets | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| EPS | 23.4 | 23.2 | 22.7 | 22.2 | 22.2 | 22.6 | 22.8 | 20.0 | 17.3 | 18.8 | 19.1 | 16.4 | 14.4 | 15.3 | 15.9 | 14.0 | 12.6 | 13.3 |
| Operating Profit Margin | 121,456,620.0 | 124,391,230.0 | 115,015,400.0 | 107,566,510.0 | 61,021,210.0 | 57,158,760.0 | 54,122,724.0 | 49,182,024.0 | 44,202,224.0 | 43,960,428.0 | 43,364,930.0 | 41,436,330.0 | 38,933,530.0 | 40,909,428.0 | 39,838,624.0 | 38,438,424.0 | 36,698,530.0 | 38,287,124.0 |
| Net Profit Margin | 22.4 | 22.7 | 22.7 | 23.1 | 24.2 | 26.6 | 28.3 | 27.3 | 25.8 | 29.4 | 30.7 | 27.2 | 24.6 | 25.9 | 27.5 | 24.3 | 21.5 | 22.9 |
![]()
Financial Statement Analysis
Mcap Growth
The Industry Mcap Growth stands at 19.49, vs the Mcap Growth of -25.08, which results in a Negative aspect.
Net Sales Growth
The Industry Net Sales Growth stands at 12.30, vs the Net Sales Growth of 16.19, which results in a Positive aspect.
Technicals
![]()
Pivot Levels
Pivot Levels Check Advanced Levels ![]()
| Type | Classic | Woodie | Camarilla |
|---|---|---|---|
| R4 | 1,790.80 | 1,818.30 | 1,754.84 |
| R3 | 1,780.20 | 1,778.40 | 1,748.02 |
| R2 | 1,769.60 | 1,768.70 | 1,745.75 |
| R1 | 1,755.40 | 1,753.60 | 1,743.47 |
| Pivot | 1,744.80 | 1,743.90 | 1,744.80 |
| S1 | 1,730.60 | 1,728.80 | 1,738.93 |
| S2 | 1,720.00 | 1,719.10 | 1,736.65 |
| S3 | 1,705.80 | 1,704.00 | 1,734.38 |
| S4 | 1,691.60 | 1,669.50 | 1,727.56 |
(All Values are in INR)
The Pivot level gives the user an indication about key support & resistance levels for a selected stock.
EMA & SMA Levels 
![]()
Beta
Beta 1 Day
1.06
1 Week
1.06
1 Month
1.05
![]()
Indicators
Stoch RSI
100.00
Bearish
RSI
81.36
Bearish
ROC
1.58
Bullish
UltimateOscillator
41.49
Neutral
Williams Indicator
-37.58
Neutral
CCI Indicator
45.18
Neutral
MACD
-1,803.04
Bearish
Stochastic Indicator
62.74
Neutral
ATR
41.86
High Volatility
Corporate Actions
![]()
Corporate Actions - Board Meet
Corporate Actions - Board Meet | Ex-Date | Ratio | Record Date |
|---|
| Ex-Date | Ratio | Record Date |
|---|---|---|
| Announcement Date | Dividend Amount | Dividend Percentage of FV | Dividend Type |
|---|---|---|---|
| 16-05-2023 | 19.00 | 1900 | Final |
| 12-05-2022 | 15.50 | 1550 | Final |
| 29-06-2021 | 6.50 | 650 | Final |
| Date Of Conduct | Board Meeting Details |
|---|---|
| 20-04-2024 | Final Dividend & Audited Results |
| 16-01-2024 | Quarterly Results |
| 15-10-2023 | Quarterly Results |
| 17-07-2023 | Quarterly Results |
| 15-04-2023 | Audited Results & Final Dividend Inter alia, proposes to raise funds by issuing Perpetual Debt Instruments (part of Additional Tier I capital), Tier II Capital Bonds and Long-Term Bonds (Financing of Infrastructure and Affordable Housing) up to total amount of Rs. 50,000 crores over the period of next twelve months through private placement mode |
| 14-01-2023 | Quarterly Results |
| 15-10-2022 | Quarterly Results |
| 16-07-2022 | Quarterly Results |
| 23-04-2022 | Final Dividend |
| 16-04-2022 | Audited Results Inter alia, to consider and approve raising of funds by issuing Perpetual Debt Instruments (part of Additional Tier I capital), Tier II Capital Bonds and Long Term Bonds (Financing of Infrastructure and Affordable Housing) |
| 15-01-2022 | Quarterly Results |
| 16-10-2021 | HDFC Bank Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/10/2021 ,inter alia, to consider and approve the audited standalone and consolidated financial results for the second quarter and half year ending September 30, 2021. The trading window for dealing in the securities of the Bank will remain closed from September 24, 2021 and October 18, 2021 (both days inclusive) for the designated employees, directors, etc. This is for your information and appropriate dissemination. |
| 18-06-2021 | Dividend |
Frequently Asked Questions
The share price of HDFCBANK is 1741.2.
You can easily buy HDFCBANK shares by opening a Demat and trading Account from Enrich money free of cost. You can trade using their Web Trading Platform or Mobile App.
The Market Capitalization of HDFC Bankshare as on today is1,331,361.00Cr.
The Trailing Twelve Months (TTM) PE Ratio of HDFC Bankis19.24
The Earnings per Share (EPS) of HDFC Bankis90.52
The 52 Week Low of 1,363.55, and 52 Week High is 1,794.00
The share price changes based on the Share Market's Demand & Supply. Usually, the Beta of the Stock (Positive or Negative) measures the volatility of the stock. Based on this, the HDFC Bank share is 1.06 times volatile to the Index trend.