We advise traders to accumulate the stock in the range of ₹90 – 92 with a stop loss of ₹81 (daily closing basis) for an upside target of ₹111, brokerage firm Anand Rathi said in its note.
HDFC Bank share price: The stock rose 1.71 per cent to hit a day high of Rs 1,554. At this price, it has moved 8.91 per cent higher in seven trading sessions.
LKP Securities, too, has a buy call on HDFC Bank. The brokerage expects a turnaround for the private lender with Return on Asset (RoA) likely to remain stable despite higher operating expenses