HDFC Bank shares have slumped in 2026 as FII holdings decline and margins remain under pressure. Check Q2 results, brokerage ratings and share price targets.
LIC, HDFC Life and PB Fintech remain in focus as investors assess valuations, wealth creation and long-term growth potential. Sharad Avasthi, Head of Research (PCG), SMIFS, explains why LIC could see a valuation re-rating over the next 18–24 months and why HDFC Life investors must pay attention to fair value. He also discusses PB Fintech after its sharp correction, highlighting the potential for long-term gains over a three-to-five-year horizon despite near-term uncertainty. From insurance penetration to earnings recovery, discover where a value investor sees opportunities and why patience, valuation discipline and a margin of safety matter.
The lender reported a 9.7% YoY rise in net interest income (NII) to Rs 34,620 crore in the September quarter, compared with Rs 31,550 crore in the corresponding quarter last year.
LTM target price 2026: HDFC Institutional Equities maintained 'Buy' with a target price of Rs 5,225, based on 20 times estimated September 2028 earnings per share.
YES Bank has a Bloomberg consensus target price of Rs 20.73, implying a potential upside of 16 per cent. HDFC Bank's consensus target of Rs 981.65 suggested a 34.9 per cent upside.
HDFC AMC shares rose 6.17% to Rs 2421 against the previous close of Rs 2280.10. Market cap of the AMC increased to Rs 1.03 lakh crore.
Jio Platforms IPO: Analysts noted that Jio has successfully transitioned from a capital-heavy telecom rollout to a high-margin digital monetisation engine.
Antique said SBI Funds Management is India's largest mutual fund manager, with quarterly average assets under management (QAAUM) of Rs 12.6 lakh crore and a 15.1% market share as of June 2026.
Choice Broking said that Bank of Maharashtra is showing a positive technical setup on the weekly chart, with it maintaining a higher-high and higher-low structure, indicating a sustained uptrend.
The fall in banking stocks comes ahead of the Q2 earnings season. However, pre-quarter releases of Indian banks show healthy loan and deposit growth, reflecting buoyant core and lift from FCNR-B raising.
HDFC Bank's long-awaited leadership transition has finally brought some clarity, but can the stock make a meaningful comeback? Kranthi Bathini, Director of Research, WealthMills Securities, discusses HDFC Bank's outlook after Anup Bagchi was selected as the bank's next MD & CEO for a three-year term. Bathini says the leadership overhang has now been resolved and views the development as a positive indication for the bank. However, he highlights the key challenge ahead — how Bagchi navigates growth while preserving the institution's culture and ethos. With experience across insurance, capital markets and financial services, Bagchi brings a broad background to the role. Bathini believes HDFC Bank's long consolidation has made its valuations attractive for medium- to long-term investors, while future growth drivers and execution will remain crucial for the stock's next phase.
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