HDFC Bank shares steady as Bagchi takes charge as MD & CEO
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- HDFC Bank shares rose 0.09% to ₹688.70 on the NSE on Tuesday, with buy orders marginally leading sell orders at 50.76% against 49.24% on volume of 65.10 lakh shares worth ₹447.83 crore.
- Regulatory filings confirmed Sashidhar Jagdishan stepped down as MD & CEO at the close of business on October 26, 2026, upon completion of his tenure, and Anup Bagchi assumed charge as Managing Director and Chief Executive Officer effective October 27, 2026.
- The stock declined 30.45% year-to-date, underperforming the Nifty 50’s 12.86% decline, with a P/E ratio of 13.25 and 52-week low of ₹681.90 recorded on September 11, 2026.
HDFC Bank Corporate Developments
HDFC Bank shares edged up marginally on Tuesday, trading at ₹688.70 on the NSE by 10.10 am.
| Photo Credit:
ANUSHREE FADNAVIS
HDFC Bank shares edged up marginally on Tuesday, trading at ₹688.70 on the NSE by 10.10 am, a gain of 0.09 per cent over Monday’s close of ₹688.05. Buy orders narrowly led at 50.76 per cent against 49.24 per cent sell orders, with traded volume at 65.10 lakh shares worth ₹447.83 crore a calmer session compared to Monday’s heavier selling.
The mild recovery coincides with a formal regulatory disclosure filed by the bank with BSE and NSE on Tuesday morning.
The filing confirmed that Sashidhar Jagdishan vacated the office of MD & CEO at close of business on October 26, 2026, upon completion of his tenure. Anup Bagchi assumed charge as Managing Director and Chief Executive Officer effective October 27, 2026.
The stock remains under significant pressure, down 30.45 per cent year-to-date against the Nifty 50’s 12.86 per cent decline. The P/E ratio stands at 13.25. The 52-week low of ₹681.90, recorded on September 11, 2026, remains within striking distance, leaving the stock’s near-term trajectory closely tied to Bagchi’s early signals as the bank’s new chief.
Published on October 27, 2026
Frequently Asked Questions
What was the percentage change in HDFC Bank shares on Tuesday?
HDFC Bank shares rose 0.09% to ₹688.70 on the NSE on Tuesday, a gain over Monday’s close of ₹688.05.
What was the trading volume and order composition?
Traded volume stood at 65.10 lakh shares worth ₹447.83 crore, with buy orders at 50.76% and sell orders at 49.24%.
Who succeeded Sashidhar Jagdishan as MD & CEO?
Anup Bagchi assumed charge as Managing Director and Chief Executive Officer effective October 27, 2026, following Jagdishan’s completion of his tenure on October 26, 2026.
What is the year-to-date decline in HDFC Bank stock?
The stock has declined 30.45% year-to-date, underperforming the Nifty 50’s 12.86% drop over the same period.
What is the current P/E ratio and 52-week low?
The P/E ratio stands at 13.25, and the 52-week low of ₹681.90 was recorded on September 11, 2026.
