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Investment strategy alert: HDFC Bank Q4 performance and future outlook

HDFC Bank news: Amid tepid quarterly growth and withheld guidance, HDFC Bank may emerge as a contrarian choice for investors seeking long-term value

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Nikita Vashisht New Delhi

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HDFC Bnak share price LIVE updates: HDFC Bank's January-March quarter result, which came in-line with expectations, failed to enthuse investors. The reason? The management's decision to abstain from providing any specific growth guidance, and analysts' expectations of an arduous road to recovery.

On the bourses, the HDFC Bank stock slipped 1.5 per cent intraday to a low of Rs 1,508 a share on the BSE. The shares, eventually, ended 1.24 per cent lower at Rs 1,512.3 apiece as against a 0.77 per cent (560 points) rise in the benchmark S&P BSE Sensex.

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First Published: Apr 22 2024 | 11:38 AM IST

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