For the best experience use Mini app app on your smartphone
HDFC Bank posted a 12% YoY profit rise in Q1 to ₹18,155 crore and announced a 1:1 bonus issue and ₹5 dividend, driving shares up 2%. However, net interest margin slipped to 3.9% and financing profit turned negative. Analysts flagged resistance at ₹2,025 and support at ₹1,940-₹1,880. While long-term prospects remain bullish, short-term action is likely to be range-bound.
short by / 12:22 pm on 21 Jul
For the best experience use inshorts app on your smartphone