Stock Market Today | On Wednesday, 2 July 2025, Nifty 50 was trading 0.35% lower at 25,453.40, while the Sensex 30 was trading 0.34% lower at 83,409.69. On the sectoral front, the Nifty IT index was up 0.12%, and the Nifty Bank index was down 0.80%.
Share price movement of HDB Financial Services – 2 July 2025
On Wednesday, 2 July 2025, HDB Financial Services share price was Rs 840.90, up 13.64% from its previous close of Rs 740.00. The stock reached a high of Rs 851.40 and a low of Rs 827.15. A total of 80,966,441 shares changed hands, compared to its average volume of N/A. The company has a market cap of Rs 696.09 billion and a PE ratio of N/A.
HDB Financial Services Share Price Target 2025
Emkay Global initiated coverage on HDB Financial Services with a “Buy” rating and a price target of Rs 900, based on 3.0x FY27 P/B. HDBFS has over 19 million customers and a highly granular loan book, with the top 20 accounts forming just 0.34% of AUM. Its focus is on direct sourcing (~82% of FY25 disbursements), rural and semi-urban areas (70% branches in tier 4 towns and lower), and lending to low-to-mid-income borrowers. Senior management has largely been with the company for over 10 years. Emkay expects AUM and EPS to grow at ~20% and 27% CAGR over FY25–28, with RoA and RoE at 2.7% and 17% by FY28.
Recent news on HDB Financial Services:
HDB Financial Services made its stock market debut on July 2, 2025, listing at Rs 835 on the NSE and BSE, which was a 12.84% premium over its IPO price of Rs 740. The IPO size was Rs 12,500 crore, including Rs 10,000 crore via offer-for-sale and Rs 2,500 crore in fresh issue. The IPO was subscribed 17.65 times overall, with the QIB portion subscribed over 55 times. After the listing, HDB Financial has become the eighth most valuable non-banking financial company (NBFC) in India, with a market value of around Rs 70,000 crore.
Stock performance of HDB Financial Services (1W, 6M, 1Y)
As of 2 July 2025, HDB Financial Services has delivered a 13.64% return over the past week, 13.64% over the past six months, and 13.64% over the past year.
Shareholding pattern of HDB Financial Services:
| Particulars | Mar 2025 | Dec 2024 |
| Promoters | 94.64% | 94.64% |
| Public | 5.36% | 5.36% |
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