HDFC Bank shares slipped over 1% on Tuesday after turning ex-date for its recently announced bonus issue. The stock fell as much as 1.45% to ₹968 on the BSE. The bank had declared a 1:1 bonus issue alongside its quarterly earnings last month, meaning shareholders will receive one bonus share of face value Re 1 for every fully paid-up share held. August 26, 2025, is the record date to determine eligible shareholders. While share prices typically adjust on the ex-date to reflect the bonus, the overall value of an investor’s holdings remains unchanged.
Prashanth Tapse of Mehta Equities noted that the bonus adjustment is purely technical and doesn’t affect the company’s fundamentals. He added that increased affordability and float can enhance liquidity and trading volumes. Fundamentally, he remains optimistic about HDFC Bank, citing its consistent earnings, strong asset quality, and growth outlook.
Santosh Meena of Swastika Investmart highlighted HDFC Bank’s 21% profit CAGR over five years, solid dividend payout, and strong sales growth. While near-term weakness could stem from FII selling, long-term prospects remain robust.
Currently, the stock is down 1.16%, trading at ₹970.85 on the BSE.