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HDFC Bank Plunges 5%; BSE BANKEX Index Down 2.7%
Thu, 19 Mar 9:49

HDFC Bank Plunges 5%; BSE BANKEX Index Down 2.7%Image source: phive2015/www.istockphoto.com

HDFC Bank share price has plunged 5% and is presently trading at Rs 803.0.

Meanwhile, the BSE BANKEX index is at 60,533.7 (down 2.7%).

Among the top losers in the BSE BANKEX index today are IDFC FIRST BANK (down 3.6%) and Axis Bank (down 2.6%).

Over the last one year, HDFC Bank has moved down from Rs 855.0 to Rs 803.0, registering a loss of Rs 52.0 (down 6.1%).

On the other hand, the BSE BANKEX index has moved up from 55,706.8 to 60,533.7, registering a gain of 8.7% during the last 12 months.

The top gainers among the BSE BANKEX index stocks during this same period were AU SMALL FINANCE BANK (up 84.3%), Federal Bank (up 49.9%) and SBI (up 46.0%).

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What About the Benchmark Indices?

The BSE Sensex is at 75,017.0 (down 2.2%).

The top losers among the BSE Sensex today are L&T (down 3.4%) and Tata Motors (down 3.2%). The most traded stocks in the BSE Sensex are Tata Steel and HDFC Bank.

In the meantime, NSE Nifty is at 23,271.0 (down 2.1%). Shriram Transport and Eternal Ltd are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 74,170.0 to 75,017.0, registering a gain of 847.1 points (up 1.1%).

HDFC Bank Financial Update...

HDFC Bank net profit grew 12.8% YoY to Rs 206,910 million for the quarter ended December 2025, compared to a profit of Rs 183,401 million a year ago. Net sales rose 2.4% to Rs 870,669 million during the period as against Rs 850,402 million in October-December 2024.

For the year ended March 2025, HDFC Bank reported 10.5% increase in net profit to Rs 707,923 million compared to net profit of Rs 640,620 million during FY24. Revenue of the company grew 18.6% to Rs 3,363,674 million during FY25.

The current Price to earnings ratio of HDFC Bank, based on rolling 12 month earnings, stands at 16.0.


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