Downgraded HDFC Bank to 'hold' and cut its target price to Rs 920. The bank's net interest margin declined 12 basis points sequentially to 3.26%, its lowest since the merger, and return on assets slipped to 1.74%, indicating significant profitability challenges.
HDFC BankBearishCalled 20 Jul 2026Graded 18 Sep 2026
Verdict:NOT GRADED

Pre-fills a same-day INTRADAY short — delivery short-selling isn't allowed, so this is the only way to paper-trade a bearish call.

Tracking HDFC Bank since this call

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