HDFC Bank’s stock rose 3% to Rs 1650.7 on BSE. Q1FY25 net profit was Rs 16,175 crore, up 35% YoY but down 2% QoQ. Interest earned was Rs 73,033 crore, expended Rs 43,196 crore.
India valuations fair, earnings key to upside over next 12 months: Mark Matthews
Indian equity markets are poised for steady, healthy growth, driven by the gradual payoff of fiscal and monetary stimulus. While global markets face volatility, India’s