Buy HDFC Bank; target of Rs 2100: Sharekhan

Sharekhan is bullish on HDFC Bank has recommended buy rating on the stock with a target price of Rs 2100 in its research report dated October 24, 2017.

October 26, 2017 / 17:02 IST

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Sharekhan's research report on HDFC Bank

HDFC Bank reports strong and in-line with expectations operational performance for Q2FY2018 Posts robust business growth; advances up by 22.3% YoY and Deposits up by 16.5% YoY Stable asset quality maintained during Q2FY2018.

Outlook
We introduce FY2020E earnings estimates; maintain Buy rating with revised price target of Rs.2,100.
For all recommendations report, click here

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first published: Oct 26, 2017 05:02 pm

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