BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Goldman Sachs downgrades HDFC to sell
Goldman Sachs has downgraded HDFC to sell for target price of Rs 990 per share. Goldman says structural changes to dampen profitability and HDFC's core business is likely to be pressured. HDFC may now have structurally lower growth and core ROAs will decline further.