Brokerage Reports: Bernstein India Strategy, CLSA on Nifty, Apollo Hospital Expands Metro Presence; HDFC Bank Boosted by HDB IPO; Amara Raja Eyes EV Market; KEC, Exide, Gland Pharma, ABB, Bata, IGL See Mixed Q2 Results

Bernstein on India Strategy Bernstein acknowledges a slowdown in India, noting that most sectors, except banks and IT, have missed earnings expectations in Q2. Autos […]

Brokerage Reports on HDFC Bank, Kotak Bank, IndiaMART, Tata Cons, MCX, Zee, City Gas, RBL Bank, L&T Fin, Oberoi, TechM, Cement Stocks

HDFC Bank (JPM – Neutral, TP Rs 1750): HDFC Bank’s 2nd quarter profit was Rs 168 billion, up 5% year-on-year (ROE: 14.6%), which was 3% […]

Brokerage Reports on Reliance Industries, HCL Tech, HDFC Bank, JSW Infra, RK Forging, Maruti, Neuland Labs, Kotak Bank, and Time Technoplast

Reliance Industries Review CLSA: Maintain Outperform with a target price of Rs 3300. Q2 EBITDA was 2% below expectations, mainly due to weak performance in […]

Brokerages on HDFC Bank, Bank of Baroda, RBL Bank, L&T Finance, IndusInd Bank, Sun Pharma, Federal Bank, AU Small Finance, Bandhan Bank, and MacroTech Developers

Morgan Stanley on HDFC Bank: Buy rating with a target price of ₹1850. Steady deposit growth YoY. End-of-period deposits rose 5% QoQ, while average deposits […]

Mutual Funds Sell Rs 8,200 Crore Worth of HDFC Bank Shares in August Amid Market Shifts

In August, several big mutual funds sold a large number of HDFC Bank shares, worth around ₹8,200 crore. Data shows that 23 out of 41 […]

HDFC Bank in Talks to Sell Rs 8,400 Crore in Loans to Global Banks to Align Credit and Deposits

HDFC Bank Ltd., India’s largest private sector lender, is in discussions to sell up to Rs 8,400 crore ($1 billion) in loans to several global […]

RBI Grants HDFC Bank Group Approval to Acquire Up to 9.5% Stakes in Yes Bank, IndusInd Bank, Axis Bank and Three Other Banks

The Reserve Bank of India has given approval to HDFC Bank Group to acquire stakes up to 9.50 percent in IndusInd Bank, Yes Bank, Axis […]

HDFC Bank Bullish: CLSA targets 2025, Morgan Stanley aims for 2110. Brokerage reports reveal insights on Bajaj Finance, L&T Tech, Gail, and Cement Sector

CLSA on HDFC Bank:– Maintains Buy; Raises target price to ₹2025 from ₹1900.– Trims loan growth estimate from 17%-18% to 15% due to deposit challenges.– […]