Motilal Oswal keeps INR 925 target for HDFC Bank stock

Published on 10/16/2026 at 10:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 17, 2026. HDFC Bank stock costs EUR 20.90 on October 16, 2026, with profit forecasts from 1.40 to 8.30 percent.

Earnings and valuation signals

HDFC Bank's board is due to review September-quarter results on October 17, 2026.
Motilal Oswal projected net interest income of INR 343.70 billion for the quarter.
HDB stock was trading at EUR 20.90 at 10:30 a.m. CEST at Lang & Schwarz on October 16, 2026.

HDB, US40415F1012, Illustration mit AI erstellt.

HDFC Bank (ISIN US40415F1012) was trading at EUR 20.90 at Lang & Schwarz on October 16, 2026 at 10:30 a.m. CEST, as investors prepared for the bank's September-quarter results. The Economic Times reported on October 16, 2026 that the bank was due to announce results for the quarter and half-year ended September 30, 2026 on October 17, 2026.

Motilal Oswal sets the benchmark

The Economic Times said on October 16, 2026 that Motilal Oswal Financial Services retained a Buy rating and a target of INR 925 for HDFC Bank. The report also said the brokerage cut its earnings per share estimates for fiscal years 2027 and 2028 by 0.40 percent and 1.30 percent.

Three dates shape the results

StockTitan records the sequence: HDFC Bank scheduled the board review on September 22, 2026, filed its earnings-call notice on October 13, 2026, and set the analyst call for October 17, 2026. The call will discuss unaudited standalone and consolidated results for the quarter and half-year ended September 30, 2026.

What will margins mean for growth?

The immediate test is whether deposit growth can support advances without further pressure on lending margins. Business Standard reported on October 16, 2026 that analysts expected low single-digit profit growth, while The Economic Times cited forecasts for net interest income growth of 7.70 to 8.90 percent year over year. Motilal Oswal projected net interest income of INR 343.70 billion, compared with INR 335.30 billion in the June quarter, while its forecast implied 2.50 percent sequential growth.

Next dates for HDB investors

The next scheduled event is the October 17, 2026 board review and earnings discussion for the September quarter. The trading window for designated employees is scheduled to remain closed through October 19, 2026, according to the September filing summarized by StockTitan.

Price holds the market connection

The euro indication places the ADR above the primary-market quote's October 15, 2026 close of USD 22.63, but the currencies should not be combined into one daily percentage. HDB was trading at EUR 20.90 at Lang & Schwarz on October 16, 2026 at 10:30 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of HDB stock.