HDFC Bank Share Price Surges 3.5% Following Robust Q1 Earnings Results

HDFC Bank Shares Surge 3.6% as Q1 Business Update Exceeds Expectations

HDFC Bank shares closed Monday's session, 6 July, with strong gains, rising 3.6% to ₹823 apiece on the NSE after the country's largest private sector lender reported a stable business update for the June quarter, with both loan and deposit growth exceeding Street expectations.

The banking stock opened at ₹805 per share, compared with its previous close of ₹801.05 on Friday, and climbed to an intraday high of ₹831 before settling at ₹823, its highest closing level since March 16.

HDFC Bank's Q1 business update revealed a 15.4% year-on-year (YoY) increase in gross advances to ₹30.61 lakh crore for the quarter ended June 30, 2026, compared with ₹26.53 lakh crore in the same period last year. Advances under management stood at approximately ₹31.27 lakh crore at the end of the June quarter, reflecting a 12.4% YoY growth from ₹27.82 lakh crore recorded as of June 30, 2025.