Pending — not yet graded
“Maintains a 'Buy' rating on HDFC Bank, but cuts its target price to Rs 875 from Rs 1,025, implying a 21.5% upside. The CEO's exit could pave the way for a credible successor, addressing recent lapses and governance concerns, which is seen as a positive catalyst for the stock.”
Nuvama Analysis’s track record: 4 graded calls · 95% CI 15–85%
HDFC BankBullishCalled 31 Aug 2026
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