Explore the reasons behind HDFC Bank's nearly 7% share price decline despite a strong Q3 profit growth.
Market Reaction
HDFC Bank's shares lost over Rs 76,000 crore in market capitalization in early trade on Wednesday. Discover the initial market impact and the subsequent recovery.
Strong Q3 Results
Dive into HDFC Bank's Q3FY24 results, which included better-than-expected net interest income (NII) and trading gains but fell short on fees and credit cost.
Analyst Insights
Explore insights from various brokerages, including downgrades, target prices, and concerns raised by analysts regarding HDFC Bank's performance.
Nuvama Institutional Equities downgraded HDFC Bank, citing concerns over LCR, deposit growth, and loan growth. Discover the details of their analysis.
Liquidity Challenges
Phillip Capital highlighted liquidity challenges affecting deposit mobilization and suggested a target price for HDFC Bank. Explore the liquidity concerns and their impact.
Margin and Growth
Motilal Oswal discussed HDFC Bank's margin, loan growth, and overall performance. Understand their perspective on the bank's strengths and areas for improvement.
Future Outlook
Gain insights into the long-term outlook for HDFC Bank from Nirmal Bang Institutional Equities and Kotak Institutional Equities. Explore their target prices, growth potential, and concerns about operating profit sustainability.
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