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Home  /  BUSINESS  /  HDFC Bank share price closes at ₹718.05; gains ...
BUSINESS Verified

HDFC Bank share price closes at ₹718.05; gains 1.32% on October 1

India • 12h ago • Source: publicofindia

Key Takeaways HDFC Bank closed at ₹718.05 after a 1.32% gain. The stock remained below its 50-day DMA of ₹732.90 and substantially below its 200-day DMA of ₹802.80. All four displayed return periods remained negative, including a one-year decline of 24.89%. HDFC Bank share price closed October 1 at ₹718.05, up 1.32%. The gain brought the stock closer to its 50-day moving average but left it well below the longer 100-day and 200-day references. The 50-day DMA stood at ₹732.90, around ₹15 above the closing price. The 100-day DMA was ₹757.60, while the 200-day DMA stood at ₹802.80. The gap to the 200-day figure exceeded ₹84. HDFC Bank’s 52-week range ran from ₹681.90 to ₹1,021. The October 1 close was only about ₹36 above the annual low and more than ₹300 below the high. The return figures remained negative across all four periods. One-month performance stood at -0.90%, while the three-month return was -10.65%. Six-month performance was -5.61%, and the one-year return was -24.89%. Market capitalisation stood above ₹11 lakh crore on the individual 5paisa page. Despite that large market value, the stock’s price remained close to the lower end of its annual range. October 1 provided a positive daily move, but it did not alter the broader numerical pattern shown by the return data. The one-year figure remained the weakest of the four periods by a wide margin. At ₹718.05, the closing price was nearer to the 52-week low than to even the 50-day DMA. The distance from the annual low was around ₹36, while the 50-day average sat roughly ₹15 higher. The session therefore ended with a 1.32% gain but a close still below each of the main moving averages and within a relatively small distance of the yearly low.

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