Brokerages turn bullish on HDFC Bank after sharp 26% correction
- Postato il 31 marzo 2026
- Di Business News Today
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Brokerages turn bullish on HDFC Bank after sharp 26% correction
JP Morgan and Jefferies have upgraded HDFC Bank, citing attractive valuations after a significant share price decline. Both brokerages see a favorable risk-reward, with JP Morgan highlighting a strong core franchise and Jefferies pointing to potential re-rating catalysts like board clarity and CEO term rollover.