ADVERTISEMENT
Shares of HDFC Bank , the country’s most valued private lender in terms of market capitalisation, had a stellar run on the domestic bourses on Thursday, with the stock price hitting a record high in intraday trade. The HDFC Bank share price jumped by as much as 2.4% to touch a new all-time high of ₹2,027.40 on the BSE, amid broad-based buying across Bank Nifty index as sentiment was lifted by easing inflation concerns and improving liquidity conditions.
HDFC Bank's share price ended the day’s trade at ₹2,023 on the BSE, up 2.16%, with market capitalisation at ₹15.51 lakh crore. As many as 3.46 lakh shares changed hands over the counter compared to the two-week average volume of 5.37 lakh stocks.
The shares of HDFC Bank have maintained an uptrend for three sessions, which coincide with the opening of the initial public offering of HDB Financial Services, the non-banking financial company arm of the lender. The banking heavyweight has risen nearly 4% in three days, while it added over 13% year-to-date. The counter has surged 4% in a month and 18.6% in the past one year.
July 2025
In the world’s youngest nation—where over 65% of the population is under 35—India’s future is already being shaped by those bold enough to lead it. From boardrooms to breakout ideas, a new generation of business leaders is rewriting the rules. This year's Fortune India’s 40 Under 40 celebrates these changemakers—icons in the making like Akash Ambani, Kaviya Kalanithi Maran, Shashwat Goenka, Parth Jindal, Aman Mehta, and Devansh Jain—who are not just carrying forward legacies but boldly reimagining them for a new era. Alongside them are first-generation disruptors like Sagar Daryani, scaling Wow! Momo with a vision to take ₹100 momos to 5,000 cities, and Palak Shah, turning the Banarasi weave into a global fashion story with Ekaya Banaras. These are the entrepreneurs turning ambition into scale. And even beyond traditional industry, the entrepreneurial wave is pulling in creative forces—Ranveer Singh, for instance, is shaking up wellness and nutrition with Bold Care and SuperYou, proving that passion, backed by purpose, is the new blueprint for building brands.
The rally in HDFC Bank's shares was in sync with the broader market, with the BSE Sensex and Nifty surging over 1%.
HDFC Bank, which holds a majority stake of around 94.36% in HDB Financial Services, will reduce its stake worth around ₹10,000 crore to around 74.19% visits offer for sale in the IPO. This stake sale is being seen as a value unlocking event for HDFC Bank.
The successful launch and good subscription of the HDB Financial IPO, especially given the positive market view on its valuation, has created positive sentiment around HDFC Bank, believe some market watchers. Analysts believe that it signals an improvement in both fee-based and non-fee-based income streams for HDFC Bank going forward.
(DISCLAIMER: The views and opinions expressed by investment experts on fortuneindia.com are either their own or of their organisations, but not necessarily that of fortuneindia.com and its editorial team. Readers are advised to consult certified experts before taking investment decisions.)
Fortune India is now on WhatsApp! Get the latest updates from the world of business and economy delivered straight to your phone. Subscribe now.