HDFC Bank shares fall 2% after Q2 results
FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM
HDFC Bank shares fell up to 2% after the lender reported a 4.6% year-on-year rise in Q2 FY27 net profit to Rs 19,510 crore. Jefferies, Motilal Oswal, Systematix and Emkay retained positive ratings, citing margin recovery potential and leadership transition.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA major Indian lender fell after results, while analysts kept positive ratings.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Q2 FY27 net profit rose 4.6% year on year to Rs 19,510 crore.
- 02Shares fell up to 2% after the results.
- 03Jefferies, Motilal Oswal, Systematix and Emkay retained positive ratings.