HDFC Bank stock hits a 52-week low despite Q2 profit growth

Published on 10/27/2026 at 09:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

HDFC Bank stock traded at EUR 19.55 on October 27, 2026. Q2 profit rose 4.70 percent to INR 195.10 billion, while NYSE shares hit USD 21.66.

Q2 profit and market pressure

HDFC Bank reported INR 195.10 billion in second-quarter profit on October 17, 2026.
Net interest income reached INR 346.20 billion in the second quarter of fiscal 2027.
HDFC Bank stock traded at EUR 19.55 at 9:18 a.m. CEST at Lang & Schwarz on October 27, 2026.
HSBC cut its target from USD 30.80 to USD 26.10 on August 31, 2026.

HDB, US40415F1012, Illustration mit AI erstellt.

HDFC Bank (ISIN US40415F1012) traded at EUR 19.55 at Lang & Schwarz on October 27, 2026, while its NYSE-listed shares had reached a new 52-week low of USD 21.66 on October 26, 2026. The latest results showed profit growth, but the market continued to weigh margin pressure and the bank's valuation.

According to MarketBeat on October 26, 2026, HDFC Bank shares fell to USD 21.66, below the previous close of USD 22.09. The same report said HSBC had cut its target from USD 30.80 to USD 26.10 in a research report dated August 31, 2026.

Q2 growth meets margin pressure

HDFC Bank's Indian GAAP results for the quarter ended September 30, 2026 showed standalone profit after tax of INR 195.10 billion, up 4.70 percent from the prior-year quarter. HDFC Bank reported net revenue of INR 484.50 billion and net interest income of INR 346.20 billion for the second quarter of fiscal 2027.

The comparison is mixed. Net interest income increased 9.70 percent year over year, while the net interest margin was 3.16 percent on total assets and 3.32 percent on interest-earning assets. The cost-to-income ratio was 39.10 percent, and the credit cost ratio was 0.44 percent.

What changed across three events

On August 31, 2026, HSBC cut its target from USD 30.80 to USD 26.10, according to MarketBeat. On October 17, 2026, HDFC Bank approved results for the quarter ended September 30, 2026, including INR 195.10 billion in profit. On October 26, 2026, the stock reached a new 52-week low of USD 21.66.

What comes next for margins

The next financial focus is margin recovery. HDFC Bank's September 2026 results showed deposits of INR 33,274 billion, up 18.80 percent year over year, while gross advances reached INR 32,195 billion, up 16.30 percent. The figures show balance-sheet expansion continuing alongside pressure on profitability.

Stock and valuation context

HDFC Bank's primary listing is on the NYSE, where the stock was quoted in USD. MarketBeat reported a market capitalization of USD 110.9 billion and a 52-week range of USD 21.66 to USD 37.45 on October 26, 2026. The Lang & Schwarz quote was trading intraday at EUR 19.55 on October 27, 2026 at 9:18 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of HDB stock.