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The Latest Breaking News from Kaizad Bharucha

HDFC Bank share price target: What are Jefferies, 3 other foreign brokerages saying as CEO hunt intensifies?

HDFC Bank shares on Tuesday as the lender submitted two CEO candidates to the RBI, intensifying focus on its leadership transition. Jefferies, Nomura, Bernstein and Macquarie remain positive on the stock, with price targets ranging from Rs 880 to Rs 1,150. Analysts see leadership clarity as a potential re-rating catalyst.

The Economic Times

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

How to trade HDFC Bank shares after new 52-week low? 2 technical analysts explain

HDFC Bank shares remain under pressure, falling nearly 30% so far this year as investors assess the lender’s CEO succession process. Technical analysts see a weak trend, with key support around Rs 710 and resistance near Rs 750-780, while Jefferies has identified several potential internal and external candidates for the…

The Economic Times

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HDFC Bank CEO race: Who could be in the running to succeed Sashidhar Jagdishan?

HDFC Bank is actively searching for a new chief executive officer. The bank expects to appoint an executive search firm soon. Several internal and external candidates are being considered for the top position. The new leader will focus on restoring investor confidence and driving growth. This succession occurs as the…

The Economic Times

Jefferies cuts HDFC Bank share price target but retains Buy after CEO opts out of new term. Here’s why

Jefferies retained its Buy rating on HDFC Bank but cut the target price to Rs 880 from Rs 1,050 following CEO Sashidhar Jagdishan’s decision not to seek reappointment. The brokerage flagged near-term risks to deposit mobilisation and fee income but said valuations remain undemanding.

The Economic Times

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

HDFC Bank share price rose up to 3% on Monday after the lender's Managing Director and CEO Sashidhar Jagdishan opted against reappointment, prompting brokerages to uphold their positive stance on the bank's stock.In light of this announcement, the board has hastened efforts to find a suitable successor. Analysts appreciate this…

The Economic Times

HDFC Bank weighing deputy MD Bharucha, outsider for CEO: Report

HDFC Bank is considering Kaizad Bharucha as a potential next CEO. The bank is also seeking an external candidate for the top position. This search follows recent leadership changes and governance concerns. Sashidhar Jagdishan's retirement is scheduled for October after his second term. The Reserve Bank of India must approve…

The Economic Times

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