Monday, 5 October 2026Updated 13m ago
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Market move▼ Bearish for HDFC Bank

Here's why HDFC Bank shares fell over 2% today despite optimism over appointment of new CEO

2 sources · first seen 15:36 5 Oct · updated 16:32 5 Oct

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HDFC Bank₹721.20 · 31 todayPrivate banks24 todayBanks68 today

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Part of a developing story10 updates over 4 days

HDFC Bank leadership change and share-price outlook

HDFC Bank shares fell about 15% since March in early reports and later were reported down 27% year to date, amid slowing growth, record-low margins and succession uncertainty. Anup Bagchi’s appointment as MD and CEO eased the succession overhang, prompting brokerages to cite re-rating potential and upside targets.

Monday, 5 October

  1. 2 sourcesYou are here
    Here's why HDFC Bank shares fell over 2% today despite optimism over appointment of new CEO
  2. 2 sources
    HDFC Bank shares remain weak after Anup Bagchi’s CEO appointment
  3. Buzzing Stocks: HDFC Bank gains 2% on MD & CEO appointment; D-Mart slips 3% as Citi retains 'sell' rating
  4. 2 sources
    HDFC Bank CEO appointment clears succession overhang; brokerages stay bullish
  5. Anup Bagchi's Appointment Removes Key Overhang For HDFC Bank Stock, Supports Re-Rating, Say Brokerages
  6. HDFC Bank share price targets: What Jefferies, Nomura, Morgan Stanley say as Anup Bagchi named CEO
  7. HDFC Bank new leadership to focus on three-pronged strategy: Exclusive

See all 10 updates →

Read the reports

2 reports · earliest 15:36
Business TodayHDFC Bank share price falls despite new MD & CEO; expert says avoid fresh buying, more pain left15:36MoneycontrolHere's why HDFC Bank shares fell over 2% today despite optimism over appointment of new CEO16:32