Pending — not yet graded
“Retains a Buy rating on HDFC Bank with a target price of ₹880, implying 24% upside. Believes a smooth leadership transition will benefit HDFC Bank and the broader banking sector. Greater clarity on leadership, coupled with improved business momentum, could support a broader re-rating for the stock, which is currently trading at a discount to peers.”
Jefferies Analysis’s track record: 3 graded calls · 95% CI 44–100%
HDFC BankBullishCalled 15 Sep 2026
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