CLSA Downgrades Ratings Of HDFC Bank Share Price Falls
11/03/2024 Others
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the share price of HDFC fell over a per cent in early trade. CLSA is responsible for the price downfall. The report states that the foreign brokerage firm downgraded the ratings and cut its target price on the stock. The share price performance of HDFC Bank has been lukewarm over the last 3 years, down over 7% and the stock has underperformed the benchmark indices and the entire sector in the middle of merger overhangs.
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