External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

<p>We believe HDFCB remains one of the resilient stocks in the sector. We currently have a BUY on the stock with a target price of Rs 1785/share (SOTP basis core book at 3.6x FY23E and Rs 40 Subsidiary Value).</p><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

We believe HDFCB remains one of the resilient stocks in the sector. We currently have a BUY on the stock with a target price of Rs 1785/share (SOTP basis core book at 3.6x FY23E and Rs 40 Subsidiary Value).Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

HDFC Bank

Company Update:HDFC Bank