HDFC Bank shares jump 3% on Q2 beat, IPO nod. Should you buy, sell or hold?
- Posted on October 21, 2024
- By Business News Today
- 3 Views
HDFC Bank shares jump 3% on Q2 beat, IPO nod. Should you buy, sell or hold?
Shares of HDFC Bank rose 3% to Rs 1,734 on BSE after it reported a 5.3% YoY rise in PAT for Q2, surpassing Street estimates. The bank received board approval for the IPO of its NBFC subsidiary HDB Financial Services. Loan and deposit growth trends varied, with overall robust performance noted.
