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Company updateBusiness Today

HDFC Bank shares hit three-month high, up 21%

Positive+18

GreyOak summary

HDFC Bank shares rose nearly 2% to Rs 812, reaching a three-month high of Rs 800 after a 21% gain from its 52-week low. Brokerages JM Financial and MOFSL upgraded the stock to BUY with target prices of Rs 850 and Rs 925 respectively, citing attractive valuations and expected earnings growth despite near-term liquidity constraints.

What it affects

  • HDFC BankHDFCBANKPositive +18

    Shares hit three-month high, up 21% from low.Rolling sentiment Neutral +10

Source

Read the original at Business Today

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