Synopsis : HDFC Bank shares surged close to their all-time high following the announcement of the Q2 FY25 results date. Market experts anticipate a breakout above ?2,000, eyeing a potential short-term target of ?2,200.
HDFC Bank is back in the spotlight as its shares soared during early Tuesday trading, riding the wave of investor optimism ahead of its Q2 FY25 earnings announcement. The stock opened higher at ?1,965 on the NSE and swiftly touched an intraday high of ?1,974.40—just shy of its record high of ?1,996.30.
The bullish momentum was triggered by HDFC Bank’s late Monday disclosure of its board meeting scheduled for July 19, 2025, where the bank will consider and approve its unaudited standalone and consolidated financial results for the April–June 2025 quarter. The anticipation surrounding the bank’s performance in Q2 has clearly resonated with investors, pushing the stock to flirt with lifetime highs.
In accordance with its internal share dealing code, the bank also announced a trading window closure for designated employees and their relatives from June 24 to July 21, 2025.
The technical outlook for HDFC Bank looks promising. According to Sumeet Bagadia, Executive Director at Choice Broking, the stock is positioned strongly on the charts. A decisive move above the ?2,000 level could unlock a near-term upside to ?2,200. He advises existing shareholders to hold with a stop loss of ?1,930, while encouraging fresh investors to accumulate gradually as long as the price remains above that support level.
The current rally is part of a broader trend where banking and financial stocks are regaining favor, especially with expectations of stable interest rates and improved quarterly performance across the sector.
With the results date locked in and the stock within striking distance of a breakout, all eyes are now on July 19. If the financials match the market’s high expectations, HDFC Bank could be on the brink of a new all-time high.
Disclaimer:
This article is for informational purposes only and does not constitute investment advice. Please consult a certified financial advisor before making any financial decisions.
