The Economic Times

HDFC Bank shares fall 2% to fresh 52-week low, tumble 30% in 10 months. What lies ahead?

HDFC Bank shares fell to a fresh 52-week low after a US investor filed a securities fraud class-action lawsuit against the bank and two senior executives. HDFC Bank called the allegations meritless and said it would defend the case vigorously, adding to recent concerns weighing on the stock.