HDFC Bank's stock has climbed 3% over the past two days following its Q1 FY26 results, fueled by solid earnings in which it reported 12% growth in YOY net profit of June quarter, the announcement of its first-ever bonus issue in 1:1 ratio, a special interim dividend of Rs 5 per share, and optimistic remarks from brokerages. Analysts foresee stronger credit growth, reduced pressure on net interest margins, and benefits from the merger contributing to the bank’s continued improvement in the upcoming quarters.
