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HDFC Bank falls 1.5% post Q2 show; analysts say worst over; eyes on new CEO

HDFC Bank moved higher in a quarterly results development for FY27.

· Business Standard Mkts

HDFC Bank share price: HDFC Bank reported a 4.7 per cent year-on-year (YoY) increase in net profit to ₹19,510 crore in the second quarter of FY27.

Period
FY27

HDFC Bank reported ₹19,510 crore for FY27, with movement of 1.5% and 4.7% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

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.

For HDFC Bank, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.

  • Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
  • In focus: HDFC Bank (HDFCBANK), in Banks.
  • Over three months: HDFC Bank -8.1% against Banks -6.0% (2.1 points behind).
  • 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×—

Banks

1M -3.4% · 3M -6.0%

HDFC Bank

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