Brokerages bullish on HDFC Bank post Q4

The lender on Saturday reported an 18.2 per cent year-on-year rise in net profit at Rs 8,186.5 crore while net interest income was up 12.6 per cent from year-ago level at Rs 17,120.2 crore. CLSA, BoB Caps, Edelweiss, Elara Securities and ICICI Securities have maintained ‘buy’ rating. Shares of HDFC Bank ended down 0.12 per cent at Rs 1,428.45 on Friday.

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