On Saturday, HDFC Bank reported 22.30% year-over-year growth in consolidated net profit for Q2FY23, to ₹11,125.21 crore as opposed to ₹9,096.19 crore in the same quarter last year. Autonomous net profit of the largest private sector bank jumped around 20% year-on-year to reach ₹10,605.78 crores of ₹8,834.31 crores in the same period last year. On Friday, shares of HDFC Bank closed on the NSE at ₹1,446.00 each, up 3.76% from the previous close of ₹1,393.60. In its last trading session, the stock recorded total volume of 6,424,960 shares compared to the 20-day average volume of 6,448,808 shares. The stock had hit a 52-week high of ₹1,725.00 on (October 18, 2021) and a 52 week low of ₹1,271.60 on (Jun 17, 2022), indicating that at the current market price, the stock is trading 16.17% below the high and 13.71% above the low. However, in light of HDFC Bank’s impressive second quarter results, research analysts from various brokerage firms have set a target price of ₹1800 for the title, which could represent a new high.