Get App
Last Updated : Jan 28, 2019 04:21 PM IST | Source:

Buy HDFC Bank; target of Rs 2650: Sharekhan

Sharekhan is bullish on HDFC Bank has recommended buy rating on the stock with a target price of Rs 2650 in its research report dated January 21, 2019.

Broker Research @moneycontrolcom
  • bselive
  • nselive
Todays L/H

Sharekhan's research report on HDFC Bank

The core cost-to-income ratio (C/I) for HDFC Bank further improved to 39.5%, along with stable NIMs, strong growth trajectory continues. Strong traction from digital channels adds to business moat, along with strong underwriting capabilities further positive.


We maintain our Buy rating on the stock of HDFC Bank with a revised PT of Rs. 2,650.

For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on are their own, and not that of the website or its management. advises users to check with certified experts before taking any investment decisions.

Moneycontrol Ready Reckoner
Now that payment deadlines have been relaxed due to COVID-19, the Moneycontrol Ready Reckoner will help keep your date with insurance premiums, tax-saving investments and EMIs, among others.

First Published on Jan 28, 2019 04:21 pm
Follow us on