January 31, 2025
Home » Buy HDFC Bank, target price Rs 2,050: Motilal Oswal Financial Services Jobbery Stock Market update New
Buy HDFC Bank, target price Rs 2,050:  Motilal Oswal Financial Services

Motilal Oswal Financial Services suggests buying HDFC Bank with a target price of Rs 2,050. Despite strong deposit growth, the company reported a marginal decline in asset quality and CASA ratio. The cut in earnings estimates for FY26 reflects slower loan growth, but the bank’s focus on reducing the CD ratio and improving leverage supports future return ratios.

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