HSBC raises HDFC’s target price to Rs 2,500, says NBFC crisis to help co gain market share

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HSBC raises HDFC’s target price to Rs 2,500, says NBFC crisis to help co gain market share MUMBAI: HSBC has raised target price on Housing Development Finance Corporation (HDFC) as it believes that the mortgage giant is well positioned for potential market share gains in the current uncertain environment.

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JM Financial is bullish on HDFC Bank has recommended buy rating on the stock with a target price of Rs 2500 in its research report dated July 22, 2018. JM Financial’s research report on HDFC Bank HDFCB reported a net profit of INR 46.0bn in 1qfy19 (+18.2% yoy), 2.2% below our estimates. Core PPoP growth was strong at +24% YoY.

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HSBC raises HDFCs target price to Rs 2,500, says NBFC crisis to help co gain market share june 15, 2019 13 MUMBAI: HSBC has raised target price on Housing Development Finance Corporation (HDFC) as it believes that the mortgage giant is well positioned for potential market share gains in the current uncertain environment.

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MUMBAI: HSBC has raised target price on Housing Development Finance Corporation (HDFC) as it believes that the mortgage giant is well positioned for potential market share gains in the current uncertain environment. HSBC has raised target price to Rs 2,500 from Rs 2,195 and maintained ‘buy’ rating. This target

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