HDFC Bank shares rise 3% as lender shortlists CEO candidates. Why Bernstein, Nomura, others see up to 62% upside
HDFC Bank submitted two CEO candidates to the RBI, initiating the succession process. Brokerages maintain bullish calls for the stock, citing potential continuity and a cleaner slate. An internal candidate offers familiarity, while an external one could drive strategic reassessment. The bank's shares have underperformed significantly, showing oversold readings. Analysts…
The Economic Times ·