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Analysts see 23% upside in HDFC Bank but caution against loan restructuring

HDFC Bank Q2 analysis: Analysts believe investors should keep an eye on restructured loan book even as long-term growth drivers remain intact.

Topics
HDFC Bank | Markets | Q2 results

Nikita Vashisht  |  New Delhi 



HDFC Bank credit cards, debit cards
Photo: Shutterstock

Shares of retreated from record high levels of Rs 1,725 apiece, hit in the intra-day trade on Monday, and fell to a low of Rs 1,667, as higher-than-expected restructuring of loans in the July-September quarter of FY22 (Q2FY22) clouded sentiment.

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First Published: Mon, October 18 2021. 11:08 IST

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