Nuvama on HDFC Bank: Retains Buy rating because….
- Posted on January 23, 2025
- By Financial Express
- 2 Views
Nuvama on HDFC Bank: Retains Buy rating because….
Nuvama Institutional Equities maintains ‘Buy’ rating on HDFC Bank with a target price of Rs 1,950. Despite the challenging macroeconomic environment, the bank achieved impressive results with consecutive positive developments in asset quality, deposit market share, loan-to-deposit ratio, and core margins. Lower slippages, stable key ratios, and confidence in loan growth make it a strong […]