ICICI Securities is bullish on HDFC Bank has recommended buy rating on the stock with a target price of Rs 1,850 in its research report dated April 21, 2024.
Prabhudas Lilladher is bullish on HDFC Bank has recommended buy rating on the stock with a target price of Rs 2000 in its research report dated April 21, 2024.
Motilal Oswal is bullish on HDFC Bank has recommended buy rating on the stock with a target price of Rs 1,950 in its research report dated April 21, 2024.
Religare Retail Research is bullish on HDFC Bank has recommended buy rating on the stock with a target price of Rs 2010 in its research report dated April 22 2024.
LKP Research is bullish on HDFC Bank has recommended buy rating on the stock with a target price of Rs 1756 in its research report dated April 22, 2024.
HDFC Bank has largely ticked all the right boxes in Q4, delivering better-than-expected deposit growth, positively surprising on margins, and seeing a rebound in its liquidity coverage ratio.
The lender moderated loan growth in Q4 in favour of a strong focus on deposit mobilisation. Exceptional income will also likely bolster quarterly earnings in a challenging environment.