Important StoriesIndia-US bond yield gap tops 250 bps as G-Sec yield hits 7.48%; FPI inflows uncertainOil India strikes gas in Krishna-Godavari Basin, records 200,000 SCMD peak flowIndia’s October business growth hits 4-month high; hiring stalls, PMI showsParsi organisations oppose Tata Sons listing, ask PM to protect its private statusIMD Update: Possible Bay of Bengal Cyclone by Monday; AP, Odisha on AlertFollow UsFOLLOW US ON WHATSAPPHomeGO BACK TO HOME THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. HDFC Bank shares hover 52-week low ahead of CEO handover on Monday Despite the recent setbacks, HDFC Bank stock’s near-term focus now shifts as the new chief executive, Anup Bagchi succeeds Sashidhar Jagdishan on Monday, October 27 By Anupama Ghosh Updated - October 23, 2026 at 01:04 PM.×ShareWhatsAppXFacebookLinkedInMessengerRedditMailhttps://www.thehindubusinessline.com/markets/stock-markets/hdfc-bank-steadies-near-52-week-low-ahead-of-monday-ceo-handover/article71615025.eceCopy HDFC Bank shares stabilised Friday, trading marginally lower at ₹693.15, down just 0.13 per cent on the NSE. | Photo Credit: SHAILESH ANDRADE

HDFC Bank shares stabilised Friday, trading marginally lower at ₹693.15, down just 0.13 per cent on the NSE by afternoon, as buyers returned to slightly outnumber sellers for the first time this week. The relative calm follows back-to-back sessions of sharp declines driven by the media report of an internal leak investigation involving two senior executives.

The stock’s near-term focus now shifts to Monday, October 27, when Anup Bagchi formally assumes the role of Chief Executive, succeeding Sashidhar Jagdishan who is stepping down after six years. Bagchi, a veteran of the ICICI Group, takes charge amid an active internal probe, a leadership vacuum at the top, and a stock that has lost roughly 30 per cent year-to-date. Deputy Managing Director Kaizad Bharucha’s scheduled exit by December adds another variable to the transition.

BSE Limited invites applications for Managing Director and CEO post

In a grim coincidence of timing, today marks exactly one year since HDFC Bank’s 52-week high of ₹1,020.50, recorded on October 23, 2025. The stock currently trades at ₹693.15, representing a decline of nearly 32 per cent from that peak, and sits uncomfortably close to its 52-week low of ₹681.90 touched on September 11, 2026.

Buy orders accounted for 54.36 per cent of total quantity traded Friday, a reversal from Thursday’s seller-dominated session, though volumes at 108.46 lakh shares were notably lighter. The P/E ratio has compressed further to 13.36. Bank Nifty remained rangebound near 54,966, with resistance at 55,200 capping any meaningful recovery in the banking index. Whether Bagchi’s arrival next week provides a sentiment reset remains the key question heading into the weekend.

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