ICICI and HDFC Bank Earnings Analyzed

Key Points

• Banks reported Q3 earnings with mixed results for both banks.
• ICICI Bank profit dipped slightly due to loan provisions.
• HDFC Bank saw strong profit growth and increased NII.
• Stock prices fell due to technical chart patterns.
• ICICI Bank’s recovery depends on above ₹1,382 level.
• HDFC Bank’s weakness is due to sustained EMA breaches.

Two big banks, ICICI Bank and HDFC Bank, recently shared how they were doing financially. Their stock prices went down a bit after they announced their results over the weekend. It’s like checking if a company is doing well – investors look closely at the numbers.

ICICI Bank didn’t have as much profit as they had before, which is about a 4% drop. This was partly because they had to set aside more money to cover potential bad loans, and there was one extra cost related to loans to farmers. However, they were still earning more money from the loans they made – this is called Net Interest Income – up 7.7%.

HDFC Bank, on the other hand, did really well! Their profits went up by 11.5%, which is a big jump. They were also earning more money from loans, with a 6.4% increase. This showed they were lending out money and getting paid back quickly.

Right after the earnings, ICICI Bank’s stock price dropped around 3.5%, meaning it became worth less. It was trading at about ₹1,362. HDFC Bank also saw its stock price go down a little, by about 1.2%, to ₹920. These drops happened because of how the stock charts were looking.

ICICI Bank Stock Analysis

The stock chart showed ICICI Bank’s price had fallen below some important lines. These lines are like measuring tapes that help traders understand how the stock is moving. A technical analyst, Aakash Shah from Choice Equity Broking, says the bank needs to show it can go above a certain price (₹1,382) to keep things positive in the long run. If it does, it could go even higher to ₹1,460 to ₹1,480.

Before the drop, the stock had been moving up because more people were buying it, which is a good sign. This suggests investors were starting to think the bank was doing well. It’s like when a friend starts liking your new video game!

HDFC Bank Stock Analysis

HDFC Bank’s stock chart looked different. The price had been below important lines for a while – since January 5, 2026. Aakash Shah says the bank is going through a difficult time and it’s hard for it to keep rising. It’s like a runner who keeps tripping over their feet.

The stock price has been falling because it’s not earning as much money as it used to. It’s also below many important lines – like lines that measure how long the stock has been going up or down. This means the bank is struggling. The volume (how many shares were being bought and sold) has increased during the fall, showing that people are selling their shares aggressively.

However, a measure called the RSI (Relative Strength Index) has fallen into “oversold” territory. This means that people are selling the stock because they think it’s too cheap, and they expect the price to go up soon. It’s like a bargain sale – people jump in because they think it’s a good deal.

Right now, the price is trying to stop falling at a level around ₹920 to ₹930. But, as long as the stock price stays below ₹961, investors will likely sell the stock instead of buying it back. To see a real change, HDFC Bank needs to show it can go above ₹960 to ₹970 – this is a very important price level.

A SAMCO Securities analyst believes that to see a real change, HDFC Bank must reclaim and hold above ₹960-₹970, which now acts as a major supply and resistance zone.

Disclaimer: The opinions of the analyst are their own, not those of the website. Business Standard advises checking with experts before making investment choices.

Investments should always be made after careful consideration and consultation with a financial advisor.