#Margin

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CLSA flags margin recovery ahead for HDFC Bank, predicts 27% headroom despite weak start to the year

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CLSA flags margin recovery ahead for HDFC Bank, predicts 27% headroom despite weak start to the year

Business

Economic Times•Jan 13

CLSA flags margin recovery ahead for HDFC Bank, predicts 27% headroom despite weak start to the year

CLSA has reiterated its “Outperform” rating on HDFC Bank, setting a target price of ₹1,200 and implying over 27% upside from current levels despite recent stock weakness. The brokerage views concerns over deposit growth and margins as temporary and expects FY27 to be a bounce-back year.