HDFC Bank Stock Closes at Rs 974.8, 4.45% Below 52-Week High

HDFC Bank, a prominent player in the private sector banking industry, has shown notable activity today, closing at Rs 974.8. The stock is currently 4.45% away from its 52-week high of Rs 1018.15. However, it has underperformed compared to its sector, with a decline of 0.58% today, while the broader Sensex recorded a slight increase of 0.02%.
Over the past two days, HDFC Bank has experienced a consecutive decline, resulting in a total drop of 0.76%. In terms of moving averages, the stock is positioned higher than its 5-day, 20-day, and 200-day averages, yet it remains below the 50-day and 100-day averages.

Looking at its performance over the past year, HDFC Bank has achieved a return of 19.12%, significantly outperforming the Sensex, which has only seen a 0.40% increase. Year-to-date, the bank's stock has risen by 9.80%, again surpassing the Sensex's 4.67% gain. However, over longer periods, such as three and five years, HDFC Bank's performance has lagged behind the Sensex.