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.
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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