Anup Bagchi takes charge as CEO. HDFC Bank stock costs EUR 19.35

HDFC Bank (ISIN US40415F1012) is changing leadership as Anup Bagchi takes charge as chief executive officer on October 27, 2026. ET Now reported that the transition follows the second-quarter results. HDFC Bank stock was trading at EUR 19.35 at Lang & Schwarz on October 27, 2026 at 3:33 p.m. CEST.

CEO transition meets slower growth

The leadership change comes after HDFC Bank reported second-quarter standalone net profit of INR 195.10 billion for the period ended September 30, 2026. According to Moneycontrol on October 17, 2026, profit increased 4.70 percent from INR 186.41 billion a year earlier. Net interest income rose 9.70 percent to INR 346.19 billion, while the net interest margin was 3.16 percent.

Asset quality improved

The bank's gross non-performing asset ratio declined to 1.11 percent as of September 30, 2026, from 1.17 percent in the preceding quarter and 1.24 percent a year earlier. Gross advances rose 16.30 percent year over year to INR 32.20 trillion, while total deposits increased 18.80 percent to INR 33.27 trillion, according to Moneycontrol's results report.

Analysts cut targets

Brokerage views became more cautious after the results. NDTV Profit reported on October 19, 2026 that Citi cut its target from INR 970 to INR 880 while retaining its Buy rating. JPMorgan also lowered its target from INR 990 to INR 970, with both firms citing margin pressure and execution risks.

Price and upcoming dates

HDFC Bank's primary-market quote was USD 21.45 on October 27, 2026, with a 52-week range of USD 21.45 to USD 37.35. Its market capitalization was USD 110.0 billion on the same date. The bank's leadership transition is effective October 27, 2026, while its latest reported quarter ended September 30, 2026.

What matters for investors

The numbers show a bank growing loans and deposits faster than profit. The 4.70 percent profit increase trailed the 16.30 percent advance growth, while the 3.16 percent margin keeps funding costs central to the next phase.

HDFC Bank stock in context

The current euro quotation gives investors in Germany a direct trading reference, while the latest operating figures point to a mixed picture of balance-sheet expansion and margin pressure. The leadership change adds a new management variable to the bank's earnings narrative.

The further course of trading is shown by the continuously updated real-time quote of HDFC Bank stock.

Market context: Market report BSE Sensex.

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