neutral
Recently
CLSA Sees Margin Recovery and Upside in HDFC Bank
CLSA expects HDFC Bank margins to recover gradually and sees 27% upside potential, even as the stock trades near ₹1,650 amid early-year weakness.
Global brokerage CLSA flagged a margin recovery phase for HDFC Bank despite a muted start to the year. The firm expects net interest margins to improve gradually as deposit costs stabilize and loan repricing plays out. CLSA maintained an optimistic outlook, projecting nearly 27% upside from current levels. HDFC Bank shares were trading around ₹1,650 during the session.