Monday, 5 October 2026Updated 4m ago
Broker call▲ Bullish for HDFC Bank

HDFC Bank share price targets: What Jefferies, Nomura, Morgan Stanley say as Anup Bagchi named CEO

1 source · first seen 08:34 5 Oct · updated 08:34 5 Oct

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22 stories this week
  1. 5 OctSensex rallies over 600 points as Indian markets rebound after eight weeks of declinesMarket move · 2 sources · Sensex gained over 600 points, or nearly 1%, to an intraday high of 72,540
  2. 5 OctHDFC Bank appoints Anup Bagchi as next managing director and CEOMarket move · 5 sources · Bagchi is an ICICI Group veteran
  3. 5 OctAnup Bagchi appointed HDFC Bank MD and CEO, ending succession uncertaintyLeadership · 4 sources · Bagchi's appointment removes a key leadership succession overhang, analysts said
  4. 4 OctHDFC Bank names Anup Bagchi CEO; PNB receives administrative warningMarket move · 2 sources · HDFC Bank appointed Anup Bagchi as its new managing director and CEO
  5. 3 OctWho is Anup Bagchi? 5 things to know about HDFC Bank's new CEO, career, salary and experienceLeadership · 1 source
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Part of a developing story6 updates over 4 days

HDFC Bank leadership change and stock outlook

HDFC Bank shares fell 27% year to date amid slowing growth, record-low margins and succession uncertainty; Anup Bagchi was appointed CEO. Jefferies named the bank its top pick, citing 22% upside, and brokerages said the appointment removes a key overhang and supports a re-rating.

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Business TodayHDFC Bank share price targets: What Jefferies, Nomura, Morgan Stanley say as Anup Bagchi named CEO08:34