BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
UBS maintains buy on HDFC Bank
Good economic cycle to boost bank's current account deposits. Commercial vehicle and business banking to push up loan growth. Estimate margin expansion of 10 basis points in FY14-16. Expect HDFC bank to grow at over 25 per cent.