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Ideas For Profit | HDFC Bank reports healthy Q2 results; Will the stock’s underperformance reverse?

MC Pro sees HDFC Bank’s promising growth outlook to outweigh near-term concerns on margins and uptick in the restructured book. Given ROA of above 1.9 percent and ROE of around 16-19 percent, we believe valuations can revert to above historical mean levels, which along with earnings growth can lead to meaningful upside in the stock price over the next year. Here’s why.

first published: Oct 18, 2021 08:18 pm

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