Multibagger stock hdfc bank share price 10 rupees to rs 1680 1 lakh became 1 71 crore check how varpat

New Delhi. The stock market has crossed the 62,000 mark for the first time today. Meanwhile, there are many small and big stocks which have given great returns to the investors. It also includes shares of HDFC Bank. Recently, HDFC Bank had reached close to its all-time high of Rs 1,725 ​​and now HDFC Bank’s stock is trading at Rs 1,684.60 on Tuesday.

Stock market experts are expecting this banking stock to go up to the level of ₹ 1800 per share in the short term. Let us tell you that there was a time when this stock was in single digit and at that time whoever bought this stock and held it till date, they are getting multibagger return with huge margin.

HDFC Bank Share Price at a Glance
As per the share price history of HDFC Bank, this banking stock has given returns of 8 per cent to its shareholders after rising from ₹1559 to ₹1680 per share level in the last one month. In the last 6 months, the share price of HDFC Bank increased from ₹1412 to ₹1680 level. An increase of about 20 percent was registered during this period. In the last one year, the shares of HDFC Bank have increased from a level of around ₹ 1200 per share to ₹ 1680.
Similarly, the share price of HDFC Bank has increased from a level of around ₹635 per share to ₹1680 in the last 5 years. During this period, this stock has given a multibagger return of about 165 percent. On the other hand, if we look at the share price of HDFC Bank at the end of the last century, we will see that the stock has increased by about 16950 percent in the last 22 years. The share price of HDFC Bank closed at the level of ₹ 9.82 on NSE on 15 October 1999 and today it has increased to the level of ₹ 1680.

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investors have become rich
Taking cues from HDFC Bank share price history, if an investor had invested ₹1 lakh in HDFC Bank shares a month ago, his ₹1 lakh would have become ₹1.08 lakh today. If the investor had invested ₹ 1 lakh in HDFC Bank shares 6 months ago, his ₹ 1 lakh would have become ₹ 1.20 lakh today. Similarly, if the investor had invested ₹ 1 lakh in HDFC Bank shares a year ago, his ₹ 1 lakh would have become ₹ 1.40 lakh today.
However, if an investor had invested ₹1 lakh in HDFC Bank shares 5 years ago, his ₹1 lakh would have become ₹2.65 lakh today. If an investor had invested in this counter for the last 22 years and invested ₹1 lakh after buying HDFC Bank shares at ₹9.82 per share, their ₹1 lakh would have gone up to ₹1.70 crore today, provided they Stayed invested in HDFC Bank shares during the period.

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HDFC Bank Share Price Outlook
According to stock market experts, HDFC Bank shares may go further. This is because the private lender has reported strong quarterly numbers and has given a fresh breakout at ₹1650 per share level. Sumeet Bagadiya, Executive Director, Choice Broking said, “HDFC Bank recently gave a breakout at ₹1650 and now the chart looks extremely bullish on the pattern. One can buy HDFC Bank shares at the current market price for a short term target of ₹1750 to ₹1800.