Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Veer Sharma

HDFC Bank shares gain 3% as CEO Jagdishan rejects new term; Morgan Stanley, Jefferies, others weigh in

Shares of HDFC Bank gained 2.7% to their day's high of Rs 739.50 on the BSE on Monday after a host of brokerages retained bullish calls on the stock after Managing Director and CEO Sashidhar Jagdishan decided not to seek another term at the helm of the country's largest private lender.

Jagdishan's current tenure ends on October 26, 2026.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.