HDFC Bank Limited drawdown: 38.3% below the all-time high (price)
HDFC Bank Limited is 38.3% below its all-time high, set Mar 11, 2021 (as of market close, Nov 13, 2026), measured on price alone — dividends are not included, the convention headlines and crash histories use. The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −38.3%
- 61.7% of ATH
- All-time high
- $41.88
- Mar 11, 2021
- Time below the high
- 5.7 yrs
- since Mar 11, 2021
- Worst-ever drawdown
- −68.1%
- Nov 20, 2008
- Longest underwater
- 5.7 yrs
- between all-time highs
- Today's level first reached
- Jan 16, 2018
- 8.8 yrs ago
- Last time this deep
- May 26, 2020
- in a previous episode
% of all-time high since 2001: price#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Data provided bySource: Twelve DataEvery decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Dec 6, 2007 | Nov 20, 2008 | −68.1% | 11 mo | Apr 1, 2010 | 2.3 yrs |
| Jul 3, 2019 | Mar 23, 2020 | −54.4% | 9 mo | Nov 9, 2020 | 16 mo |
| Mar 11, 2021 | Oct 27, 2026 | −49.0% | 5.6 yrs | not yet | 5.7 yrs+ |
| May 8, 2013 | Aug 27, 2013 | −36.8% | 4 mo | May 9, 2014 | 12 mo |
| Oct 5, 2010 | Dec 19, 2011 | −34.8% | 14 mo | Oct 1, 2012 | 2.0 yrs |
| Jan 7, 2004 | May 17, 2004 | −33.4% | 4 mo | Oct 29, 2004 | 10 mo |
| May 8, 2006 | Jun 13, 2006 | −29.8% | 36 days | Oct 5, 2006 | 5 mo |
| Sep 7, 2001 | Dec 11, 2002 | −29.5% | 15 mo | Apr 7, 2003 | 1.6 yrs |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
Data provided bySource: Twelve DataOne dot per month since 2001: how far HDFC Bank Limited stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is HDFC Bank Limited from its all-time high?
- HDFC Bank Limited is currently 38.3% below its all-time high, set Mar 11, 2021 (as of market close, Nov 13, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest HDFC Bank Limited drawdown ever?
- The deepest decline on record in our data (since 2001) took HDFC Bank Limited 68.1% below its prior high, bottoming Nov 20, 2008. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since 2001 from HDB; no free deep history exists for HDFC Bank Limited — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.