hares edged lower on Monday, slipping 0.23 per cent to ₹705.65 on the as of 10.35 am, against a previous close of ₹707.25. The stock opened at ₹707.50, touched an intraday high of ₹711.85 and a low of ₹707.00. Selling pressure was heavy, with 70.10 per cent of traded volume, 18,08,056 units, on the sell side against 29.90 per cent on the buy side.
Traded volume stood at 59.59 lakh units, valued at ₹422.31 crore. Market capitalisation was ₹10,89,323.90 crore. The adjusted P/E ratio stood at 13.61.
The stock remains under significant pressure with a year-to-date decline of 28.61 per cent, against its 52-week high of ₹1,020.50 recorded on October 23, 2025. Its 52-week low of ₹681.90 was hit on September 11, 2026.
Investor attention is now squarely on HDFC Bank’s Q2FY27 results, scheduled for Saturday, October 17. According to Axis Securities’ earnings preview, systemic credit growth remained robust at approximately 19 per cent year-on-year. However, excess liquidity from strong FCNR(B) mobilisation and lower-spread lending could keep net interest margins under pressure. Asset quality remains stable, with credit costs broadly contained.
S&P Global Market Intelligence noted that HDFC Bank lost 11.1 per cent of its market capitalisation in the July-September quarter, though it retained its position as India’s largest lender by market value.