HDFC Bank share price hits record high. Is HDB Financial IPO the reason?
HDFC Bank share price: The shares of India’s largest private lender, HDFC Bank, climbed to a fresh record high on Thursday, June 26, amid a strong sentiment in the Indian stock market and a decent demand for the initial public offering (IPO) of its subsidiary HDB Financial.
Analysts also believe that expectations of a strong performance for the banking pack in the fiscal 2025-2026 are also fuelling the rally in sectoral stocks.
HDFC Bank share price rose nearly 1% to a new high of ₹1997.90 on the BSE, extending its gains to the third consecutive day.
HDB Financial IPO
The HDB Financial IPO kicked off for subscription on Wednesday, June 25, and…
