HDFC Bank Share Buy Call – Target Price – Rs. 1955 / –
ICICI Securities has given a buy call to HDFC Bank shares with a target price of Rs. 1955 / -. The current market price is Rs. 1356.5 / -. The expected period for this is 1 year.
The company was established in 1994 and operates in the banking sector. And market capitalization of Rs. 740412.90 crore.
The major product and revenue generating interests of the company are interest, discount, investment income, inter bank fund and interest.
At the end of March 2022, the company had a net profit of Rs. 43,960.45 crore, an increase of 1.37%. Total income for the quarter ended December was Rs. 43,364.96 crore.
Total income during the quarter was Rs. 40,909.49 crore. Net profit for the quarter ended March stood at Rs. 10,443.01 / – crore.
Promoter holding is 25.78%, FII – 43.0%, DII – 17.19%.
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