Jefferies screams buy on HDFC Bank, says valuation attractive after 25% dip

Jefferies maintains a bullish outlook on HDFC Bank, deeming its current valuation attractive after a significant stock decline. Despite recent concerns, the brokerage reiterates its 'Buy' rating, citing strong fundamentals and growth prospects. They believe the market has overreacted to governance issues, presenting a compelling investment opportunity with substantial upside potential.

from Economic Times https://ift.tt/dkaEPsU