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Houseviews: Brokerage calls on 4 buzzing stocks
Mon, Jul 16, 2012 at 08:52
HDFC Bank
Brokerage: CLSA
Rating: Buy
Target: Rs 640
Rationale: The key positive surprise was the expansion in margins. However, the cyclical best in terms of asset quality is behind us and this reflects in some uptake in the banks NPLs.
