Brokerages give mixed views as margins, asset quality improve but AUM growth stays weak; Emkay cuts rating, JM Financial upgrades.
Earnings call HDB Financial Services reported a 36% YoY PAT growth in Q3 FY26 (45% adjusted for one-time labor code impact), driven by record disbursements of ₹17,917 crore (+15% QoQ) and improved NIM ...
Jan 14 (Reuters) - India's HDB Financial Services registered a 36% increase in third-quarter profit on Wednesday, supported by robust loan demand, with asset quality holding steady sequentially. Net ...
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Oct 31 (Reuters) - HDB Financial Services, the non-banking lending unit of India's biggest private lender, HDFC Bank (HDBK.NS), opens new tab, has filed for an initial public offering of up to 125 ...
Motilal Oswal recommended Neutral rating on HDB Financial Services with a target price of Rs 815 in its research report dated ...
Jefferies noted that AUM growth moderated to 12% year-on-year to Rs 1.15 lakh crore, reflecting a mixed lending environment.
One of India's largest non-banking financial companies has begun testing investor appetite for its nearly $1.5 billion initial public offering, amid a renewed risk-on sentiment in global equity ...