3 hrs ago
HDFC Bank Shares Down 26% YTD Ahead of Q2 Results
HDFC Bank’s share price was almost unchanged during Thursday’s trading session.
It started lower than the previous day’s closing price.
The shares moved between ₹722.70 and ₹734.85.
At 12:10 pm, one share cost ₹731.20.
Many shares were traded, worth ₹1,142.80 crore in total.
The stock did better over the past week and month.
However, it has lost more than 26% since the start of the year.
Investors are also watching because HDFC Bank will report its second-quarter results on October 17.
HDFC Bank shares traded largely flat in mid-session after opening at ₹725, below the previous close of ₹737.25.
The stock traded between ₹722.70 and ₹734.85 and stood at ₹731.20 at 12:10 pm.
Traded volume was 156.59 lakh shares, with traded value of ₹1,142.80 crore.
HDFC Bank shares gained 2.5% over the week and 0.32% over the month but fell more than 26% year-to-date.
The bank is scheduled to announce its second-quarter results on October 17 and distributed nearly ₹21,000 crore in FY26 dividends.
- Who
- HDFC Bank and its shareholders.
- What
- HDFC Bank shares traded largely flat while remaining down more than 26% year-to-date.
- Where
- On the stock market; the article does not specify an exchange.
- When
- Thursday’s mid-session; the second-quarter results are scheduled for October 17.
- Why
- The stock is in focus ahead of HDFC Bank’s scheduled second-quarter results and after its year-to-date decline.
Key facts
- Mid-session price
- ₹731.20 at 12:10 pm
- Opening price
- ₹725
- Previous close
- ₹737.25
- Trading range
- ₹722.70–₹734.85
- Traded volume
- 156.59 lakh shares
- Traded value
- ₹1,142.80 crore
- Market capitalisation
- ₹11.27 lakh crore
- Second-quarter results
- Scheduled for October 17
Sources
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