HDFC Bank shares may deliver 23% return, says brokerage. Should you invest?1 min read 20 Mar 2023, 04:09 PM IST
The brokerage has maintained a 'Buy' rating on the large cap stock with a target price of ₹1,930, implying a 23 per cent upside potential from its current levels
Shares of private sector lender HDFC Bank may perform gradually as the margin profile revives and the merger-related overhang eases as the bank aims to complete the merger by 1Q/2QFY24, said domestic brokerage house Motilal Oswal Securities in a research note.
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