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Tuesday, January 07, 2025 | 08:57 PM ISTEN Hindi

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HDFC Bank, HDFC: How to trade these twin stocks and maximise profit?

Is the weakness seen on Monday likely to intensify in the days ahead or is this just a knee-jerk reaction to the June 2021 quarter results announced last week? Here is what the technical charts say

HDFC Bank ranked number 16 for overall equity deals business last year, and number 29 in 2019, according to data compiled by Bloomberg.
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HDFC Bank

Avdhut Bagkar Mumbai
HDFC Bank slipped 3 per cent to Rs 1,475 on the BSE in intra-day trade on Monday, after the lender reported lower-than-expected performance for the quarter ended June (Q1FY22) on Saturday. 

The asset quality of the bank deteriorated slightly at the end of the June quarter. Gross non-performing assets (NPAs) of the bank stood at 1.47 per cent as opposed to gross NPAs of 1.32 per cent at the end of the March quarter and 1.36 per cent as of June 30, 2020. READ ABOUT IT HERE

"We maintain our estimates and see 18% CAGR in profit over

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