Global brokerage Jefferies has given a strong “Buy” rating on HDFC Bank after its stock corrected nearly 25% in recent months. The firm believes the current valuation has become attractive for long-term investors.
Jefferies has set a target price of around ₹1,240, indicating a potential upside of nearly 60–65% from current levels. According to the brokerage, HDFC Bank remains one of its top picks in the banking sector despite recent market volatility.
The stock had seen a sharp decline due to concerns like leadership changes, global uncertainties, and overall market weakness. However, analysts believe the correction has created a good entry point for investors looking at strong fundamentals and long-term growth.
Global brokerage Jefferies ne HDFC Bank par strong “Buy” rating diya hai, jab stock lagbhag 25% gir chuka hai. Unka maanna hai ki ab valuation kaafi attractive ho gaya hai long-term investors ke liye.
Jefferies ne iska target price ₹1,240 diya hai, jo current level se lagbhag 60–65% upside dikhata hai. Brokerage ke hisaab se HDFC Bank abhi bhi banking sector ka top pick bana hua hai.
Recent girawat ka reason leadership issues, global tension aur market weakness tha, lekin experts kehte hain ki ye dip ek strong buying opportunity ban sakta hai fundamentally strong investors ke liye.
👉 Aap kya sochte ho — HDFC Bank ka ye dip long-term buying opportunity hai ya abhi aur correction baaki hai?