Up in 8 of last 10 sessions, HDFC Bank share price jumps 22% in this period - Why should you still buy the bank stock?

Detailed summary

HDFC Bank shares have rebounded about 22% from their 52-week low in 10 trading sessions, adding roughly ₹2.2 lakh crore to market value. Analysts cite improving operations and resilient asset quality, while cautioning that a decisive close above ₹820 is needed to confirm further momentum.

HDFC Bank share price: HDFC Bank is once again drawing attention from investors, but the key question is whether its recent recovery marks the beginning of a sustained turnaround or merely a rebound after months of underperformance.

HDFC Bank shares are staging a strong comeback, rising in 8 of last 10 sessions, after months of pressure from governance concerns, leadership uncertainty and lacklustre operational performance.

The country's largest private sector lender has had to contend with concerns over corporate governance, leadership continuity, deposit mobilisation and pressure on margins. With a management transition underway and its latest quarterly performance offering some signs of improvement, the focus is shifting towards whether the bank can regain investor confidence and deliver stronger earnings growth.

HDFC Bank shares have rallied around 22% in 10 trading sessions (up in 8 of those) after hitting a 52-week low of ₹669.20 apiece on the NSE at the end of October. It has jumped 18% from its 52-week low. It had hit its 52-week high of ₹1,017.90 in December 2025.

The stock climbed to ₹813.90 on Thursday, with the sharp recovery adding approximately ₹2.2 lakh crore to the bank's market capitalisation.

It has risen 15% in 1 month, 11% in 3 months and 8% in 6 months. However, it was down 18% in the last 1 year. It is up 18% in November so far.

The rebound follows a significant selloff earlier this year after former part-time Chairman Atanu Chakraborty resigned, citing that certain practices within the bank did not align with his personal values and ethics. The development raised governance concerns and triggered substantial selling pressure in the stock. Sentiment recovered somewhat after the bank announced leadership changes.

The prolonged weakness had also reflected concerns around operational performance and uncertainty surrounding the management transition.

Analysts believe that with the management overhang addressed and operating performance showing signs of…

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