HDB Financial Services reported a strong June quarter with profit rising 38%. Net interest income increased 20%, and asset quality showed improvement. Assets under management grew 11%, reflecting steady lending business expansion. Experts maintained neutral ratings, citing steady earnings and margin expansion. The company’s stock saw a notable jump following the positive financial results.
AI’s 3 musketeers hit the brakes: Why Chris Wood sees midcaps back in favour
India’s domestic economy is showing resilience despite geopolitical and energy risks, with stronger bank credit, corporate lending and earnings growth. Jefferies’ Chris Wood sees a