HDFC Bank shares down 26% YTD; Q2 results due Oct 17
Over the week, HDFC Bank shares posted absolute returns of 2.5%, while the stock inched up 0.32% over the month
HDFC Bank's shares experienced a significant decline of 26% year-to-date, as reported on Thursday. The stock started the session at ₹725, a drop from the previous close of ₹737.25. Throughout the day, the price fluctuated between ₹722.70 and ₹734.85, closing at ₹731.20 by 12:10 pm. During the trading session, buy quantities constituted 51.09% at 13,38,744, while sell quantities made up 48.91% at 12,81,551.
The overall trading volume reached 156.59 lakh shares, translating to a traded value of ₹1,142.80 crore. At the time of reporting, HDFC Bank's market capitalization stood at ₹11.27 lakh crore. Over the past week, the shares yielded an absolute return of 2.5%, and over the month, they gained 0.32%. Despite this modest growth, HDFC Bank's stock has slipped more than 26% so far this year.
The company is set to release its second-quarter results on October 17. In FY26, HDFC Bank disbursed a record dividend of nearly ₹21,000 crore, the highest among Nifty500 companies.
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