ResultsBusiness Today
HDFC Bank, ICICI Bank, SBI, Kotak Bank, Axis Bank, PNB, IndusInd Bank: Check fresh targets post Q2
Positive+31
GreyOak summary
Motilal Oswal forecasts 16.5% YoY credit growth for India's banking sector in FY27, supported by $133 billion in FCNR(B) inflows. The broker provided fresh target prices for major banks, including ICICI Bank at Rs 1,750 and HDFC Bank at Rs 925, citing expected earnings growth driven by net interest income recovery.
What it affects
- HDFC BankHDFCBANKPositive +31
Target price set at Rs 925Rolling sentiment Neutral +10
- ICICI BankICICIBANKPositive +22
Target price set at Rs 1,750Rolling sentiment Neutral +1
- Kotak Mahindra BankKOTAKBANKPositive +21
Target price set at Rs 500Rolling sentiment Positive +35
- State Bank of IndiaSBINPositive +20
Target price set at Rs 1,225Rolling sentiment Positive +16
Source
Read the original at Business TodayMore HDFC Bank news
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