Brokerages bet on HDFC Bank’s margin and pricing strategies
Mon, Apr 22, 2024 2:21 PM

Brokerages bet on HDFC Bank’s margin and pricing strategies

A Flip by Avya Verma
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Shares of HDFC Bank opened Monday’s trade muted despite being in green after the lower-than-expected Q4 profit on account of increased provisioning.  In the January-March quarter, the Bank recorded a standalone net profit of Rs 16,500 crore, compared to Rs 16,400 crore in the previous quarter. However, the stock later experienced a decline of over 1% from the day's high.

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