Sharekhan is bullish on Housing Development Finance Corporation has recommended buy rating on the stock with a target price of Rs 2300 in its research report dated May 13, 2019.
Sharekhan's research report on Housing Development Finance Corporation
HDFC posts consistent performance yet again, with steady NII, NIMs and spreads performance during Q4FY2019. Notably, the asset-quality performance too improved on sequential basis.
Given the market dominance of HDFC, we expect the leadership to sustain going forward. We maintain our Buy rating on the stock with an unchanged PT of Rs. 2,300.
For all recommendations report, click here
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