In an interview to CNBC-TV18, Manish Ostwal, Senior Research Analyst at Nirmal Bang Securities shared his readings about the buzz in Kotak Mahindra Bank.
Discussing the results, Manish Ostwal, Head of Research & Senior Analyst - Financials, KR Choksey Institutional Securities, said the bank has posted a strong set of numbers.
A tepid housing market is unlikely to dampen Housing Development Finance Corporation’s (HDFC) third quarter numbers, according to analysts tracking the company. India’s largest mortgage lender is expected to report around 13% year-on-year increase in net profit to Rs 1174 crore, according to the average of the estimates of three brokerages.