Buy HDFC Bank, target Rs 1,930: Sagar Doshi
Sagar Doshi of Edelweiss Financial Services has a buy call on HDFC Bank with a target price of Rs 1,930.
The current market price of HDFC Bank is Rs 1846.05.
Time period given by the analyst is intraday when HDFC Bank price can reach defined target.
Sagar Doshi recommended to keep a stop loss at Rs 1,820.
HDFC Bank, incorporated in the year 1994, is a banking company (having a market cap of Rs 4,77,018.70 Crore).
HDFC Bank key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 52,055.26 Crore to Sales Value (75.10 per cent of Total Sales), Income From Investment which contributed Rs 15944.34 Crore to Sales Value (23.00 per cent of Total Sales), Interest which contributed Rs 774.34 Crore to Sales Value (1.11 per cent of Total Sales) and Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 532.02 Crore to Sales Value (0.76 per cent of Total Sales)for the year ending 31-Mar-2017.
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Via:: Economic Times – Stocks