Now Reading: HDFC Bank shares fall 12% in 2 months, hit 2-year low
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HDFC Bank shares fall 12% in 2 months, hit 2-year low
HDFC Bank's share price hit an over-two-year low of Rs 726.50 on Tuesday, down 1 per cent in intra-day trade, Times Now reports. The stock has fallen 12 per cent in the…
The Story in Brief
HDFC Bank's share price hit an over-two-year low of Rs 726.50 on Tuesday, down 1 per cent in intra-day trade, Times Now reports. The stock has fallen 12 per cent in the last two months, while the BSE Sensex rose 0.74 per cent. For the fifth consecutive quarter, foreign portfolio investors reduced their holding to 41.83 per cent at end-June 2026, from 44.05 per cent in March.
Domestic institutional investors increased their stake to 41.9 per cent from 36.3 per cent in September 2025. The bank recently cut its marginal cost of funds-based lending rate by 5 basis points, bringing the range to 8-8.65 per cent. In calendar 2026, HDFC Bank shares have dropped 27 per cent, far outpacing the Sensex's 8.2 per cent decline.
The Indian Opinion
The narrative of foreign investors fleeing HDFC Bank is real enough, but the counter-story is equally strong: domestic institutions now hold a larger stake than FPIs for the first time. That suggests Indian money managers see value where global funds see risk. Yet a 27 per cent fall in a year cannot be explained away by institutional shuffling alone. The real test will come with the next quarterly earnings: can loan growth and margin pressure justify the current price?
Source: timesnownews.com
This story was synthesised by AI from the source linked above.
