As of 11:10 a.m. HDFC Bank's stock traded 0.72% higher after paring some of the initial gains at Rs 725.20.
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As of 11:10 a.m. HDFC Bank's stock traded 0.72% higher after paring some of the initial gains at Rs 725.20.
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Sashidhar Jagdishan's exit would be negative and near-term pressure may persist till succession clarity emerges, although HDFC Bank is attractive at 1.4 times Mar'28E core ABV, but medium-term return would hinge on strategy and execution, adds the brokerage.