Key facts: Axis Securities targets HDFC Bank at ₹1,150 per share, indicating a 21% upside, driven by strong fee income growth, cost control, and high asset quality amid net interest margin pressures.
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- Axis Securities targets HDFC Bank at ₹1,150 per share, indicating a 21% upside, driven by strong fee income growth, cost control, and high asset quality amid net interest margin pressures.1
- Recent RBI measures to boost credit growth are expected to benefit HDFC Bank, as easing group business overlaps will improve operational flexibility and regulatory clarity.2