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HDFC Bank Vs ICICI Bank Vs Axis Bank: Here's What To Expect Ahead Of Q2 Earnings

HDFC Bank is in focus in a quarterly results development for Q2FY27.

· NDTV Profit, LiveMint Companies, Business Standard Mkts, Economic Times Markets, ET Stocks

HDFC Bank, ICICI Bank and Axis Bank are expected to report higher profits for Q2FY27, but FCNR(B) deposit inflows, margin pressure and credit costs will shape their September-quarter earnings.

Period
Q2FY27

Against that, the stock is +1.4% on the day at ₹692.80, and has returned -8.1% over three months. It sits 31% below its 52-week high, which means a good deal of bad news was already in the price. The banks sector has moved -6.0% over the same period, so HDFC Bank is running 2.1 points behind its peers.

With HDFC Bank, ICICI Bank and Axis Bank all implicated, this reads as a Banks-level move rather than a company-specific one, which is the more durable kind of signal.

  • Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
  • 3 of the 3 companies named are in Banks, so the story reads across that sector rather than for one company.
  • On the day, 2 of 3 are higher: HDFC Bank leads at +1.4% and Axis Bank trails at -0.7%.
  • Over three months: HDFC Bank -8.1% against Banks -6.0% (2.1 points behind); ICICI Bank -2.5% against Banks -6.0% (3.5 points ahead); Axis Bank -1.0% against Banks -6.0% (5.0 points ahead).
  • At least 25% below the 52-week high: HDFC Bank (31%).
Figures for the companies in this story
CompanyPriceDay1M3MFrom 52-wk highVolume vs 20-dayMarket cap
HDFC BankHDFCBANK · Banks₹692.80+1.4%-2.2%-8.1%-31.4%0.7×—
ICICI BankICICIBANK · Banks₹1,398.00+0.8%+5.8%-2.5%-4.4%0.9×—
Axis BankAXISBANK · Banks₹1,217.00-0.7%-0.7%-1.0%-13.3%0.5×—

Banks

1M -3.4% · 3M -6.0%

HDFC Bank, ICICI Bank, Axis Bank

Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.