HDFC Bank May See 30% Upside In 12-15 Months: Parag Thakkar
Parag Thakkar said HDFC Bank's valuation looks compelling at around 10 times price-to-earnings (PE) and 1.3 times price-to-book (P/B). In his view, the stock can reach the Rs 925 level over the next 12–15 months irrespective of who takes charge as the bank's next MD and CEO, given the valuation and asset-quality profile.
