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  • Thu. Sep 19th, 2024

Purchase HDFC Bank, target cost Rs 1850: Motilal Oswal

ByIndian Admin

Jul 23, 2024 #Price, #target
Purchase HDFC Bank, target cost Rs 1850: Motilal Oswal

Synopsis HDFC Bank Ltd., included in the year 1994, is a banking business (having a market cap of Rs 1222853.50 Crore). ETMarkets.com Promoters held 25.52 percent stake in the business since 30-Jun-2024, while FIIs owned 47.17 percent, DIIs 35.19 percent. Motilal Oswal has purchase get in touch with HDFC Bank with a target rate of Rs 1850. The present market value of HDFC Bank Ltd. is Rs 1607.1. HDFC Bank Ltd., included in the year 1994, is a banking business (having a market cap of Rs 1222853.50 Crore). HDFC Bank Ltd. crucial Products/Revenue Segments consist of Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2023. Financials For the quarter ended 30-06-2024, the business reported a Consolidated Total Income of Rs 116996.49 Crore, down -5.94 % from last quarter Total Income of Rs 124391.35 Crore and up 91.73 % from in 2015 exact same quarter Total Income of Rs 61021.29 Crore. The bank reported net revenue after tax of Rs 16474.85 Crore in newest quarter. Promoter/FII Holdings Promoters held 25.52 percent stake in the business since 30-Jun-2024, while FIIs owned 47.17 percent, DIIs 35.19 percent. (Disclaimer: Recommendations given up this area or any reports connected herein are authored by an external celebration. Views revealed are that of the particular authors/entities. These do not repre
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