HDFC Bank Board To Weigh Big Rewards: 1st Ever Bonus Issue And Special Interim Dividend In Focus On July 19

HDFC Bank has informed the stock exchanges that its Board of Directors will meet on Saturday, July 19, 2025, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. In addition to the quarterly results, the board will also decide on two important recommendations that might considerably benefit shareholders.

"We refer to our intimation dated June 23, 2025 wherein we had informed that a meeting of the Board of Directors of HDFC Bank Limited ("the Bank") is scheduled to be held on Saturday, July 19, 2025 to inter-alia consider and approve the unaudited standalone and consolidated financial results of the Bank for the quarter ended June 30, 2025. In compliance with Regulation 29 of the SEBI Listing Regulations, we wish to inform you that at the said meeting, the Board would also consider the following proposal(s): i) Declaration of a Special Interim Dividend on the equity shares of the Bank, for the Financial Year 2025-26; and ii) Issue of bonus shares in accordance with the applicable provisions and subject to approval of Shareholders of the Bank," said HDFC Bank in a stock exchange filing.

"As informed vide the earlier intimation, the window for trading in securities of the Bank is closed till Monday, July 21, 2025 for the designated employees and their immediate relatives pursuant to the Bank's share dealing code," HDFC Bank further informed to stock exchanges on July 16.

HDFC Bank Share Price Target

Hardik Matalia - Derivative Analyst at Choice Broking said "HDFCBANK is currently trading around ₹2,003 and continues to maintain its long-term uptrend, forming a consistent pattern of higher highs and higher lows on the daily timeframe. The stock is trading close to its record high levels and is currently consolidating in a tight range near the top, indicating strength and potential for a breakout,"

"A sustained move above ₹2,025 would confirm a breakout from this consolidation zone and could trigger the next leg of the rally, taking the stock into uncharted territory. The Relative Strength Index (RSI) stands at 57.63 and is showing signs of a potential positive crossover, trending upward, which supports the bullish bias. The stock is also comfortably holding above all its key moving averages, further reinforcing the strong underlying trend," the analyst added.

"Short-term traders should consider fresh buying positions only after a confirmed breakout above ₹2,025 for momentum-based gains. Long-term investors already holding the stock can continue to do so, and also consider accumulating on any meaningful dips to enhance their position. As long as HDFCBANK holds above the crucial support level of ₹1,850, the stock remains in a bullish trajectory, and a "buy on dips" strategy remains favorable in both short- and long-term perspectives," Hardik Matalia further recommended.

Disclaimer

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