Motilal Oswal has advised to buy a stock of a banking sector in the weekly area that can run next week. The brokerage firm said in his report that the Indian banking sector is at a turn. Despite concerns about margin and growth recession, there are initial signs of income improvement. Brokerage firm suggests the purchase of HDFC, the largest private sector in the private sector. The firm has also fixed their target price.

 

According to a report on the banking sector, Motilal Oswal said in his report that the pressure of margin in the third quarter of the financial year 1 could improve the income of the banks and further improvement in the second half of the financial year 1 and the financial year 1 (photo courtesy – III).

Motilal’s target price

Motilal Oswal said in his report that the bank is progressing in their debt business. The bank is strategically changing with high-tearing down loans and expanding their high retail loan book, which is increasing the margin recovery. In his report, Motilal Oswal has kept the target price of HDFC Bank shares Rs 5. Their shares can touch this level next week.

On Friday, the shares of HDFC Bank closed down by 5.5%. Their shares on NSE closed for Rs. In the last 3 days, their shares have increased by more than 5.5 percent. On July 7, their shares opened for Rs. 1949 and closed at Rs. It is likely to increase next week.

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HDFC Bank’s share price target

During this momentum, Brokerage firm Motilal Oswal has given a new target price. He says that HDFC Bank’s growth can continue. In the financial year 1 and the financial year 1, the bank’s loan is estimated to be 5% and 5% respectively. HDB Financial IPO will strengthen the bank’s capital status and improve the possibility of long -term growth.

Dividends and strong results increased confidence

The bank recently announced a dividend of 5% per share in the fourth quarter of the financial year 1 (at Rs. 5), which is the largest dividend so far. The record date for this has been fixed on June 7, and the shares X-Dividand transactions on June 7.

In 7 days, investors got Rs.

Note: The investment market is subject to the risks. If you want to invest in this, consult the first certified investment consultant. For any of your types of profit or loss Navarashtra.com Will not be responsible.

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