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HDFC Bank Q1 Results: Should you buy, sell, or hold? Here's what brokerages say

HDFC Bank reported a positive Q1FY24 with a standalone net profit of ₹11,951.7 crore, exceeding expectations. However, asset quality declined sequentially. Brokerages have mixed opinions, with Motilal Oswal maintaining a ‘buy’ rating and Nuvama and LKP Securities expressing some concerns. ....

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hdfc bank stock target: Should you lap up HDFC Bank shares after solid Q1 earnings show?

HDFC Bank reported a 30% year-on-year (YoY) growth in net profit for the quarter ended June to Rs 11,952 crore, which was higher than an ET NOW poll estimate of Rs 11,000 crore. The total income for the quarter increased by 39% YoY to Rs 57,817 crore. This is the first earnings of the bank following the merger with parent Housing Development Finance Corporation (HDFC). ....

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HDFC Bank Q1 Results: Net profit jumps 30% to Rs 11,951 cr, maintains healthy asset quality

HDFC Bank Q1 Results: The bank s gross non-performing assets (GNPA) ratio stood at 1.17 percent, improving from 1.28 percent in the corresponding period last year ....

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