![CLSA downgrades HDFC Bank, cuts target price; stock down 1%](https://images.assettype.com/fortuneindia%2F2022-12%2Fec1e6933-8a3e-4622-948f-e6b924970790%2FHDFC_Bank__1_.jpg?rect=0,167,1650,825&w=300&q=95)
CLSA downgrades HDFC Bank, cuts target price; stock down 1%
Analysts at CLSA expect HDFC Bank's net interest margin (NIM) recovery to be more U-shaped rather than V-shaped.
Analysts at CLSA expect HDFC Bank's net interest margin (NIM) recovery to be more U-shaped rather than V-shaped.
A cocktail of buoyant GDP growth, benign inflation and business-more-than-usual have created a feel-good factor in 2023 — now brace for volatility in the New Year.
CLSA upgrades target price of Tata Motors to ₹690 from ₹624 earlier
According to a Jefferies research report, at an estimated valuation of $65 billion-$70 billion, the newly formed Jio Platform’s EV/Ebitda multiple could be ahead of Alibaba, Alphabet, and Apple.