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Emkay Global Financial Recommends Buying HDFC Bank with Target of Rs 1050
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Moneycontrol•19-10-2026, 13:50
Emkay Global Financial Recommends Buying HDFC Bank with Target of Rs 1050
- •Emkay Global Financial remains bullish on HDFC Bank in its latest research report.
- •The brokerage firm has issued a buy rating on the stock.
- •A target price of Rs 1050 has been set for HDFC Bank as of October 18, 2025.
Key Questions Answered
Emkay Global Financial issued a buy rating on HDFC Bank with a target price of Rs 1050 in its research report dated October 18, 2025.
The RBI approved Anup Bagchi, an ICICI Bank veteran and current MD and CEO of ICICI Life, as the new MD and CEO of HDFC Bank for a three-year term starting October 27, 2026.
HDFC Bank reported a standalone net profit of Rs 19,059.72 crore for the April-June quarter, with net interest income rising 6.7 percent to Rs 33,535.95 crore.
