Nitin Aggarwal, Head of BFSI Research at Institutional Equities, Motilal Oswal Financial Services, prefers large banks like ICICI Bank and HDFC Bank, along with NBFCs such as Shriram Finance and Mahindra & Mahindra Financial Services Limited (MMFSL). Aggarwal believes these large banks are navigating the current phase of the cycle more effectively, with the impact […]
HDFC Bank to be part of Chris Wood’s global long-only portfolio as stake in Nvidia, TSMC cut – CNBC TV18
Chris Wood of Jefferies wrote in his latest GREED & fear note that he will be introducing an investment in shares of HDFC Bank Ltd. in his global long-only equity portfolio. Company Value Change %Change HDFC Bank will command a 4% weightage in the global long-only portfolio. On December 30 last year, Chris Wood had […]
HDFC Bank risk-reward is favourable as per UBS, but HSBC cuts target post Q3 – CNBC TV18
No analyst on the street that has coverage on India’s largest private lender HDFC Bank Ltd.,has a “sell” rating on the stock post its December quarter results. Company Value Change %Change Out of the 48 analysts that have coverage on the stock, 41 have a “buy” rating, while the rest say “hold.” HDFC Bank reported […]
HDFC Bank Q3 Results Live Updates: Single-digit profit growth seen, NIMs may remain flat
HDFC Bank Q3 Results Live Updates: HDFC Bank is expected to report single digit year-on-year growth in its third quarter net profit and net interest income (NII), according to analysts. The Street will watch out for growth in the bank’s deposits, guidance for credit growth, and outlook on margins. Any positive or negative surprises may […]
HDFC Bank receives SEBI warning for disclosure lapses on Arvind Kapil’s resignation – CNBC TV18
Private sector lender HDFC Bank on Monday (December 16) said it has received an administrative warning letter from the Securities and Exchange Board of India (SEBI) for alleged non-compliance with disclosure norms under the SEBI Listing Regulations. Company Value Change %Change The warning pertains to the bank’s handling of disclosures regarding the resignation of senior […]
HDFC Bank shares hit another record high; Check out its top 10 price targets – CNBC TV18
An analyst tracking HDFC Bank has a price target of as high as ₹2,550 on the stock, which implies a potential upside of 40% from current levels. Shares of HDFC Bank Ltd., India’s largest private lender, gained as much as 1.3% on Thursday, November 28, to hit a new record high of ₹1,836.1. The lender […]
HDFC Bank shares may hit ₹2,500 if it sustains above these levels, says this chartist – CNBC TV18
Top CLSA chartist Laurence Balanco believes that HDFC Bank’s charts have the “most interesting long-term setup” within the Indian markets. Balanco made these remarks in an exclusive interaction with CNBC-TV18 on Wednesday. Shares of HDFC Bank have gained over 6% in the last five trading sessions and are nearing their previous record high of ₹1,794. […]
HDFC Bank board okays sale of 100% stake in HDFC Edu to Vama Sundari for ₹192 crore – CNBC TV18
The largest private sector lender HDFC Bank on Monday (October 7) announced its board’s approval for the sale of its 100% stake in HDFC Education and Development Services Private Ltd (HDFC Edu) to Vama Sundari Investments (Delhi) Private Ltd for ₹192 crore. “…we wish to inform you that the Board of Directors of the Bank […]
How does the recent HDFC Bank shareholding pattern impact MSCI adjustments? – CNBC TV18
HDFC Bank Ltd., India’s largest private sector lender released its shareholding pattern for the September quarter. As per the recent shareholding pattern, the FII headroom indicates that the second tranche of the MSCI adjustments is likely to take place in November. In August this year, MSCI, the global index provider, had announced that HDFC Bank’s […]
Morgan Stanley, Citigroup buy HDFC Bank shares worth ₹755 crore – CNBC TV18
Morgan Stanley and Citigroup on Thursday bought shares of private sector lender HDFC Bank for over ₹755 crore through open market transactions. According to the block deal data available on the BSE, New York-headquartered financial services companies Morgan Stanley and Citigroup through their affiliates, purchased 43.75 lakh shares of the Mumbai-based bank. The shares were picked […]