HDFCBANK

shares slip 1.5% despite positive Q3 business update

HDFC Bank Share Price: HDFC Bank shares declined 1.55 per cent on Monday (January 5) in early morning deals to hit a low of Rs 986.30 apiece following the bank's third-quarter business update. The stock price turned volatile despite the nation's largest private lender reporting growth across key metrics, including an 11.9 per cent year-on-year spike in gross advances. The stock is currently trading above its 52-week low of Rs 812.13 and remains within distance of its year-high of Rs 1,020.35. The bank has a consolidated price-to-equity ratio of 20.57 times and a Price-to-Book value of 3.30 times, supported by a healthy Return on Equity of 15.46%. The bank’s average advances under management grew nearly 9% at Rs 28,63 lakh crore for the December 2025 quarter, compared to 26.27 lakh crore for the corresponding December 2024 period.