The stock hit a 52-week high of Rs 807 on 5th December 2022, but it failed to hold on to the momentum. It closed at Rs 604 on 8th August 2023 which translates into a fall of over 25%.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may