HDFC Bank among 6 largecap stocks with upside potential of up to 33%
India’s largest private lender has a target price of Rs 1,190, implying an upside of 30%. The bank has been consistently performing on its guidance in its endeavour to revert to its pre-merger levels across metrics, and its execution capabilities remain strong. The management has indicated that LDR normalisation remains a key medium-term objective; it will not act as a limiting factor in pursuing credit growth. HDFC Bank
India’s largest private lender has a target price of Rs 1,190, implying an upside of 30%. The bank has been consistently performing on its guidance in its endeavour to revert to its pre-merger levels across metrics, and its execution capabilities remain strong. The management has indicated that LDR normalisation remains a key medium-term objective; it will not act as a limiting factor in pursuing credit growth. HDFC Bank
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