1 / 8

HDFC Bank shares ends unchanged despite a buy call from BoFA

For the second quarter that concluded on September 30, the private sector lender recorded a growth in its consolidated net profit of 22.30%, to Rs. 11,125.21 crore. From the previous year, net interest income increased by 19% to Rs 21,021 crore. In contrast to the quarter ended September 30, 2021, the banku2019s core net revenue (excluding trading and Mark to Market losses) increased by 18.3% to Rs 28,869.8 crore.

India17
Download Presentation

HDFC Bank shares ends unchanged despite a buy call from BoFA

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Search here ...  HDFC Bank shares ends unchanged despite a buy call from BoFA   Home - Markets - HDFC Bank shares ends unchanged despite a buy call from BoFA  Markets  December 21, 2022       

  2. In comparison to the previous BSE close of Rs 1630.70, the most recent target price for HDFC Bank represents a gain of 16.56% or Rs 270.  On December 16, 2022, attention was focused on shares of HDFC Bank after BofA Securities set a target price of Rs. 1,900 for the banking company.   In comparison to the previous BSE close of Rs 1630.70, the most recent target price for HDFC Bank represents a gain of 16.56% or Rs 270. The largest private sector lender in the nation continues to be a buy call for the brokerage.   According to the international brokerage, HDFC Bank is well-positioned to perform ahead of market expectations. It also stated that earnings delivery is anticipated to exceed market expectations.  The risk-to-reward ratio is quite appealing at the current prices, according to the international investment bank.  However, Motilal Oswal, a 몭nancial services company, has set a target price of Rs 1,700. At the time of the recommendation, HDFC Bank’s stock had a market value of Rs 1628.9. A stop loss of Rs 1,595 has been advised by Motilal Oswal Financial Services.  According to the brokerage, the stock is breaking out of its pole and 몭ag pattern and posting greater lows than it did three months ago.  In the meantime, HDFC Bank’s shares on the BSE 몭nished 몭at on Friday (December 16, 2022) at Rs 1638.70, up from the previous closing of Rs 1630.70. The stock of HDFC Bank is trading above the 20-day, 50-day, 100- day, and 200-day moving averages but below the 5-day moving averages.  Summary  For the second quarter that concluded on September 30, the private sector lender recorded a growth in its consolidated net pro몭t of 22.30%, to Rs. 11,125.21 crore. From the previous year, net interest income increased by 19% to Rs 21,021 crore. In contrast to the quarter ended September 30, 2021, the bank’s core net revenue (excluding trading and Mark to Market losses) increased by 18.3% to Rs 28,869.8 crore. 

  3. You can share this post!         Previous article With Diverse Tastebuds, Cadbury Co-Creates Madbury Next article  MediBuddy’s Revenues Rose by 58% in FY22, While Losses Were Close to Rs 250 Crore   Related Articles Leave a Reply Your email address will not be published. Required 몭elds are marked * Comment * Name * Email * POST COMMENT Search here ... 

  4. Latest Update RECENT POPULAR COMMON  December 21, 2022 MediBuddy’s Revenues Rose by 58% in FY22, While Losses Were Close to Rs 250 Crore    December 21, 2022 HDFC Bank shares ends unchanged despite a buy call from BoFA   December 21, 2022 With Diverse Tastebuds, Cadbury Co-Creates Madbury  December 20, 2022 Aquaconnect Receives a $15 Million Series A Investment from Lok Capital  Most Viewed  December 14, 2022 In A Seed Funding Round, Contlo Raises $3.5 Million  

  5.  December 14, 2022 Paytm Shares Decline By 3% As A Rs 850 Billion Repurchase Falls Short Of Investors’ Expectations   December 16, 2022 Bharat Krushi Seva Receives INR 43 Million in Startup Money from Renowned Investors   November 21, 2022 BJP’s Manoj Tiwari Demands Investigation for Those Meeting Satyendar Jain in Jail   December 15, 2022 As UltraTech Cement Announces a Big Plan, Shares Reach a 52-Week High   December 12, 2022 Switch To CEAT SecuraDrive With Aamir Khan  Most Reviews RECENT POPULAR COMMON

  6.  December 21, 2022 MediBuddy’s Revenues Rose by 58% in FY22, While Losses Were Close to Rs 250 Crore    December 21, 2022 HDFC Bank shares ends unchanged despite a buy call from BoFA   December 21, 2022 With Diverse Tastebuds, Cadbury Co-Creates Madbury Newsletter

  7. Subscribe to our mailing list to get the new updates!  Subscribe our newsletter to stay updated Your email address  About Indiabiz Recent Post  December 21, 2022 MediBuddy’s Revenues Rose by 58% in FY22, While Losses Were Close to Rs 250 Crore    December 21, 2022 HDFC Bank shares ends unchanged despite a buy call from BoFA   December 21, 2022 With Diverse Tastebuds, Cadbury Co-Creates Madbury Popular Categories Trending Post Campaigns Digital Media In A Seed Funding Round, Contlo Raises $3.5 Million   Fund Raising Marketing

  8. $3.5 Million   Markets Politics Startups Paytm Shares Decline By 3% As A Rs 850 Billion Repurchase Falls Short Of Investors’ Expectations  Bharat Krushi Seva Receives INR 43 Million in Startup Money from Renowned Investors  © Copyright Indiabiz.live 2022. Designed and Developed by Indiabiz

More Related