I don't think there's any fundamental issue with the bank. Note that Kotak has also fallen so it's not only HDFC Bank.
Issues regarding their merger with parent company HDFC have led to some institutional selling. SBI and Nippon MFs sold around 50L of the bank's shares.
This has happened before too with HDFC AMC and Zomato as well, the point is these negative sentiments are opportunities to downward average, especially for a fundamental investor.
Poor digital play and they need to modernize fast
Doesn’t matter they are increasing revenue and profits like anything.
There was a good article on FinShots on HDFC - it has mentioned a couple of compelling reasons
I read their NIM - Net Interest Margin fell to 3.5% vs the usual 4-4.2%. Hence the crash.
It will likely recover soon and lead the banking rally imo,
Disclaimer: 13% of my personal portfolio is on HDFC
Are you concerned that its promoter holding is currently at 0?
What could be the contributing factors to the decline in their EPS?
Despite experiencing a remarkable 30% growth in net profits, why is the NIM still stagnant?
If we don't take out the day before yesterday's candle in Nifty, a further cut will occur in the market. Additionally the structure of Bank Nifty is of huge concern. No rally can sustain without the stability in Nifty Bank. Time to be m...
Hi everyone, recently i interviewed for a product position in hdfc bank. I did well and was asked to submit documents for offer release. Everything was going fine. But, a couple of days later, I was told that there's a hiring freeze in h...
Before people jump into validation mode, I thought let’s do something ulta (opposite)🙃
Pick one of your worst investment mistakes (it can be a stock, RE, ULIP, relationx blah blah)
My inputs - During 2021/22 real estate boom, I p...
Stop following nifty Markets are shifty Grab a whiskey Avoid the risky
