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Buy HDFC Bank; target of Rs 1250: Motilal Oswal


Motilal Oswal is bullish on HDFC Bank recommended buy rating on the stock with a target price of Rs 1250 in its research report dated June 29, 2020.

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Motilal Oswal 's research report on HDFC Bank

HDFCB's Annual Report underscores structural improvement in the bank's profitability, driven by a 20bp increase in RoRWA, higher than a 7bp improvement witnessed in RoA. For FY20, NII/PPoP grew by 17%/23% while PAT grew by 25% YoY to INR263b with the bank reporting a RoE of 16.4%. - The bank has gained market share across multiple ...


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