HDFC Bank Ltd. engages in the provision of banking and financial services including commercial banking and treasury operations. It operates through the following segments: Treasury, Retail Banking, Wholesale Banking, and Other Banking Business.
HDFC Bank Ltd. CMP is 1705.1. The positive aspects of the company are Attractive Valuation (P.E. = 18.8), Company with Zero Promoter Pledge, Stocks Outperforming their Industry Price Change in the Quarter and FII / FPI or Institutions increasing their shareholding. The Negative aspects of the company are Companies with High Debt, MFs decreased their shareholding last quarter, Declining Net Cash Flow.
Entry can be taken after closing above 1717 Targets in the stock will be 1738, 1757 and 1773. The long-term target in the stock will be 1795 and 1818. Stop loss in the stock should be maintained at Closing below 1627 or 1614 depending upon your risk taking ability.
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