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Last Updated : May 14, 2019 03:59 PM IST | Source: Moneycontrol.com

Buy Housing Development Finance Corporation; target of Rs 2300: Sharekhan

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.

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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.


Outlook


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


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



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First Published on May 14, 2019 03:59 pm
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