Broker call▼ Bearish for HDFC Bank
HDFC Bank slips despite Nifty Bank recovery, analysts retain buy ratings
The brief
- HDFC Bank fell 2.16% despite a recovery in banking indices; analysts retained buy ratings
- The decline puts focus on HDFC Bank’s transition and performance relative to private-bank peers
- HDFC Bank shares shed early gains, end over 2% lower
- HDFC Bank mobilised over ₹1.5 trn in deposits in July-September quarter
- Here's why HDFC Bank shares fell over 2% today despite optimism over appointment of new CEO
- Brokerages yet to revise price targets on HDFC Bank despite CEO appointment
- HDFC Bank Reset: Rajiv Kumar Board Sets Stage For Wider Shake-Up