Shares of HDFC Bank Ltd. will be in focus on Tuesday after the latest MSCI rejig announcements. India’s largest private sector lender, which was anticipating an increase in weightage on the MSCI Global Standard index, will get so, albeit in two tranches. MSCI has announced that HDFC Bank’s weightage on the MSCI Global Standard Index …
HDFC Bank share price rallied over 3% to hit a record high apiece in early trade on Wednesday on expectations of high passive fund inflows amid likely weight increase in MSCI index. HDFC Bank shares jumped as much as 3.66% to a fresh high of ₹1,794.00 apiece on NSE. The latest shareholding pattern of HDFC …
HDFC Bank share price fell over a percent in early trade on Monday after foreign brokerage firm CLSA downgraded the ratings and cut its target price on the stock. CLSA downgraded HDFC Bank to ‘Outperform’ from ‘Buy’ and cut the target price sharply to ₹1,650 per share from ₹2,025 earlier. The brokerage firm believes HDFC …
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Days after the bank’s stock was pummelled after its disappointing numbers, top executives at HDFC Bank, speaking exclusively to CNBC-TV18, said they are confident that the bank’s deposit and loan-generating capacity remains solid and that it will return to its old trajectory in the medium term. “Our franchise is solid, the team is working hard, …
HDFC Bank Q3 Results Live Updates: HDFC Bank is slated to release its Q3 results today, January 16. India’s largest private sector lender is expected to see a marginal rise in its net profit for the third quarter of FY24, while its net interest income (NII) is also likely to see muted year-on-year (YoY) growth. …