HDFC Securities is bullish on Axis Bank has recommended buy rating on the stock with a target price of Rs 950 in its research report dated March 31, 2022.
Growth is likely to be driven by the robust rate of asset addition in the base business which will aid transmission revenues.
HDFC Bank underperformed the broader benchmark and sectoral index in 2021
Despite the resilient performance in the pandemic year, the HDFC Bank stock has underperformed the broader benchmark in recent times
A strong advance-decline ratio in the consolidating market indicates the chances of an upward trend sooner or later.
If the COVID issue gets resolved by say mid-May, then we can still make up for the shortfall in the economic output. However, if this extends beyond May-end, there could be renewed fears on the economy and asset quality front, said Jasani.
HDFC Securities recommended reduce rating on Jubilant FoodWorks with a target price of Rs 2500 in its research report dated February 22, 2021.
HDFC Securities is bullish on Ambuja Cements has recommended buy rating on the stock with a target price of Rs 308 in its research report dated February 20, 2021.
HDFC Securities is bullish on J. Kumar Infraprojects has recommended buy rating on the stock with a target price of Rs 220 in its research report dated February 11, 2021.
HDFC Securities is bullish on Heidelberg Cement has recommended buy rating on the stock with a target price of Rs 266 in its research report dated February 12, 2021.
HDFC Securities is bullish on ITC has recommended buy rating on the stock with a target price of Rs 245 in its research report dated February 12, 2021.
HDFC Securities is bullish on Capacite Infraprojects has recommended buy rating on the stock with a target price of Rs 320 in its research report dated February 13, 2021.
HDFC Securities is bullish on ACC has recommended buy rating on the stock with a target price of Rs 1985 in its research report dated February 13, 2021.
HDFC Securities is bullish on Deccan Cement has recommended buy rating on the stock with a target price of Rs 535 in its research report dated February 13, 2021.
HDFC Securities is bullish on Dilip Buildcon has recommended buy rating on the stock with a target price of Rs 640 in its research report dated February 15, 2021.
HDFC Securities is bullish on Phoenix Mills has recommended buy rating on the stock with a target price of Rs 982 in its research report dated February 15, 2021.
HDFC Securities is bullish on Kalpataru Power Transmission has recommended buy rating on the stock with a target price of Rs 536 in its research report dated February 16, 2021.
HDFC Securities is bullish on Ahluwalia Contracts has recommended buy rating on the stock with a target price of Rs 388 in its research report dated February 16, 2021.
HDFC Securities is bullish on Sobha has recommended buy rating on the stock with a target price of Rs 600 in its research report dated February 16, 2021.
HDFC Securities is bullish on ITD Cementation has recommended buy rating on the stock with a target price of Rs 106 in its research report dated February 16, 2021.
HDFC Securities is bullish on City Union Bank has recommended buy rating on the stock with a target price of Rs 192 in its research report dated February 04, 2021.
HDFC Securities is bullish on Tata Motors has recommended buy rating on the stock with a target price of Rs 315 in its research report dated February 01, 2021.
HDFC Securities is bullish on Tech Mahindra has recommended buy rating on the stock with a target price of Rs 1110 in its research report dated February 01, 2021.
HDFC Securities is bullish on Persistent Systems has recommended buy rating on the stock with a target price of Rs 1900 in its research report dated February 01, 2021.
HDFC Securities is bullish on Subros has recommended buy rating on the stock with a target price of Rs 410 in its research report dated February 03, 2021.