6 days ago
HDFC Bank Shares Hit 52-Week Low as Experts See Downside
HDFC Bank’s share price has fallen a lot this year and reached its lowest level in 52 weeks.
Some experts think the price could fall more.
They are worried that lending without security may create problems with loan repayments.
They also think the bank’s growth has not matched what investors expected.
One expert does not recommend buying more shares right now.
Another expects the stock to move sideways before it rises again.
A third expert thinks long-term investors may consider buying when the price drops.
Analysts identified Rs 675-680 as an important lower price area and Rs 780-785 as a higher resistance area.
HDFC Bank shares have fallen 28% year to date and reached a 52-week low.
Mayuresh Joshi said concerns about unsecured lending, asset quality, and weaker growth could pressure the stock.
Gaurav Sharma said his firm is not recommending fresh buying or averaging and sees a possible fall to Rs 675-680.
Aditya Agarwal expects near-term consolidation, identifying Rs 675-680 as support and Rs 780-785 as resistance.
Kranthi Bathini expects continued short- to medium-term pressure but said long-term investors may buy on dips.
- Who
- HDFC Bank and market experts Mayuresh Joshi, Gaurav Sharma, Aditya Agarwal, and Kranthi Bathini.
- What
- HDFC Bank shares reached a 52-week low and fell 28% year to date, with analysts divided between expecting further weakness, consolidation, or long-term buying opportunities.
- Where
- In the stock market, involving shares of India’s largest private-sector bank.
- When
- The article refers to the year to date, the coming weeks or month, and the short to medium term; no specific date is provided.
- Why
- Analysts cited weaker-than-expected growth prospects and potential asset-quality pressure from unsecured lending.
Cautious and Bearish View
Long-Term and Consolidation View
Near-term price direction
Cautious and Bearish View
Gaurav Sharma expects further downside to Rs 675-680 and does not recommend fresh buying or averaging. Mayuresh Joshi also sees pressure from growth concerns and possible asset-quality problems.
Long-Term and Consolidation View
Aditya Agarwal expects consolidation rather than a major upmove, while Kranthi Bathini expects pressure in the short to medium term but sees dips as a potential buying opportunity for long-term investors.
Growth and lending risks
Cautious and Bearish View
Mayuresh Joshi said the bank has made little progress over the past five years and that investors see a mismatch between expected and delivered growth, with possible risks from unsecured lending.
Long-Term and Consolidation View
The more constructive view is based on a longer investment horizon: Kranthi Bathini said investors who can hold for the long term may consider buying during declines.
Key facts
- Year-to-date decline
- 28%
- Current status
- HDFC Bank shares hit a 52-week low.
- Potential downside
- Gaurav Sharma sees the stock falling to Rs 675-680 in the coming weeks or month.
- Support zone
- Aditya Agarwal identified Rs 675-680 as support.
- Resistance zone
- Aditya Agarwal identified Rs 780-785 as resistance.
- Long-term view
- Kranthi Bathini said long-term investors could consider buying on dips.
Quotes
Kranthi Bathini
Director of Equity Strategy at WealthMills Securities
“HDFC Bank has done nothing over the last five years. Therefore, I think there is a part of the market that believes there might be some excessive lending, specifically when it comes to unsecured lending, where asset quality pressures might start building up over the next few quarters. The lack of growth prospects that the Street believed in, and what the bank is delivering, is clearly creating a mismatch.”
businesstoday.in
“The stock would continue to reel under pressure over the medium- to short-term. With that being said, those with a long-term view can consider buying the counter on dips.”
businesstoday.in
Sources
Related news
HDFC Bank Shares Fall Below Rs 700, Brokerages Set Targets
HDFC Bank Underperforms in 2026, Analysts See Upside
HDFC Bank CEO Exit Sends Shares to 52-Week Low
HDFC Bank shares rise after $1.75 billion bond fundraising
HDFC Bank Shares Flat Amid Carlisle Investors Report
HDFC Bank Weighs Bharucha and External CEO Succession Options
Major Banks Cut FCNR Deposit Rates After Subsidy Ends
Uber Driver Returns ₹37,000 Sent by Mistake, Refuses Reward
ICICI Bank Nears HDFC Bank as Nifty’s Top Influence
Brokerages Suggest HDFC Bank, PB Fintech, Parag Milk Foods
Subhash Chandra Challenges NCLT Bench as NCLAT Appeal Waits
