Archive · 20 Jul 2026
HDFC Bank Shares Drop Despite Positive Brokerage Ratings
HDFC Bank's stock price fell by more than 4% on Monday, even though many financial experts still think it's a good investment.
The bank made a profit of Rs 19,059.72 crore in the first three months of 2026, which is a bit more than last year.
However, the bank did not make as much money from interest as people expected.
The bank's loans are mostly good, and experts still believe the bank will do well in the long run.
The stock has fallen a lot this year, but the bank is still very big and important.
HDFC Bank shares fell 4.29% despite brokerages maintaining 'Buy' ratings.
Net profit increased 4.98% year-on-year to Rs 19,059.72 crore.
Net interest income rose 6.7% year-on-year but missed market estimates.
Net interest margin stood at 3.26% with stable asset quality.
Stock has declined 17.2% in 2026, underperforming the Nifty 50 index.
- Who
- HDFC Bank Ltd
- What
- Stock price decline despite positive brokerage ratings
- When
- June 2026 quarterly earnings announcement
- Where
- India
- Why
- Missed market estimates for net interest income and overall market sentiment
- Stock Decline
- 4.29%
- Net Profit (Q1 2026)
- Rs 19,059.72 crore
- Net Interest Income (Q1 2026)
- Rs 33,535.95 crore
- Net Interest Margin (Q1 2026)
- 3.26%
- Gross Non-Performing Assets (Q1 2026)
- 1.17%
- Net Non-Performing Assets (Q1 2026)
- 0.41%
- Market Capitalization
- Rs 12.64 lakh crore
- Year-to-Date Decline (2026)
- 17.2%