HDFC Bank shares deserve premium, says Emkay Global; raises target price
Mon, Dec 23, 2024 1:31 PM

HDFC Bank shares deserve premium, says Emkay Global; raises target price

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HDFC Bank share price gained nearly 2% on Monday amid broad-based buying in banking stocks, fuelling a short-covering rally in the Indian stock market. HDFC Bank stock rose as much as 1.91% to a high of ₹1,805.90 apiece on the BSE. Positive momentum in HDFC Bank shares was also boosted after Emkay Global reiterated its bullish view on the banking heavyweight and raised target price on the stock.

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