HDFC Bank, ITC, HDFC Life, Nestle, Britannia, TaMo PV hit 52-week lows
HDFC Bank is in focus.
· Business Standard Mkts
Colgate Palmolive, M&M Financial Services, Mazagaon Dock, Max Financial, SBI Card, Voltas and Waaree Energies from BSE 200 index also registered 52-week lows on Wednesday.
The analysis
Against that, the stock is +0.8% on the day at ₹685.30, and has returned -6.8% over three months. It sits 32% below its 52-week high, which means a good deal of bad news was already in the price. The banks sector has moved -6.5% over the same period, so HDFC Bank is running 0.3 points behind its peers.
For HDFC Bank, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.
Why it matters
- With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- The 6 companies named span 4 sectors, so these are separate company stories rather than one sector-wide move.
- On the day, 4 of 6 are higher: State Bank of India (SBI) leads at +1.2% and ITC trails at -0.2%.
- Over three months: HDFC Bank -6.8% against Banks -6.5% (0.3 points behind); ITC -8.8% against FMCG -9.7% (0.9 points ahead); HDFC Life -8.0% against Insurance -12.2% (4.2 points ahead); Colgate Palmolive -25.1% against FMCG -9.7% (15.4 points behind).
- At least 25% below the 52-week high: HDFC Bank (32%), ITC (38%), HDFC Life (35%), Colgate Palmolive (30%) and Mahindra Finance (M&M Financial) (36%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| HDFC BankHDFCBANK · Banks | ₹685.30 | +0.8% | -4.7% | -6.8% | -32.1% | 0.9× | — |
| ITCITC · FMCG | ₹259.50 | -0.2% | -2.1% | -8.8% | -38.4% | 0.7× | — |
| HDFC LifeHDFCLIFE · Insurance | ₹514.10 | +0.1% | -3.3% | -8.0% | -34.7% | 0.9× | — |
| Colgate PalmoliveCOLPAL · FMCG | ₹1,601.60 | -0.1% | -13.2% | -25.1% | -30.2% | 0.6× | — |
| Mahindra Finance (M&M Financial)M&MFIN · Financial Services | ₹263.00 | +0.8% | -20.7% | -29.6% | -36.2% | 1.3× | — |
| State Bank of India (SBI)SBIN · Banks | ₹956.80 | +1.2% | -0.5% | -5.6% | -22.1% | 1.3× | — |
Banks
1M -3.0% · 3M -6.5%
HDFC Bank, State Bank of India (SBI)
FMCG
1M -6.0% · 3M -9.7%
ITC, Colgate Palmolive
Insurance
1M -6.2% · 3M -12.2%
HDFC Life
Financial Services
1M -9.6% · 3M -14.3%
Mahindra Finance (M&M Financial)
Prices as of 28 Oct 2026, 15:46 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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