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HDFC Bank shares plunge 7% post Q3 results: How should you trade the stock? Here's what brokerages recommend
Credit: IndiaTimes- Published on January 17, 2024
HDFC Bank's shares dropped by over 7% following the release of its December quarter results. Despite a 34% increase in net profit, investors were worried about the outlook on loan growth and margins. Leading brokerages expressed concerns about loan growth and a lower liquidity coverage ratio (LCR).
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