'A buy-on-dips pick': Why HDFC Bank is getting backing from analysts despite management blip

'A buy-on-dips pick': Why HDFC Bank is getting backing from analysts despite management blip

HDFC Bank shares fell after chairman Atanu Chakraborty’s sudden exit, wiping out significant market value. However, analysts largely see the drop as a buying opportunity, with valuations entering a “deep value” zone. While a slight governance discount may eme…

Shares of HDFC Bank have come under pressure following the sudden resignation of chairman Atanu Chakraborty. Still, analysts are increasingly viewing the correction as a buying opportunity rather tha… [+3283 chars]