With HDFC Bank’s multiple 30% lower than in the past, improving core PPOP growth and a good start to its deposit mobilisation journey, we believe it is at the end of its underperformance period,” global brokerage firm CLSA said.While the ramp-up in deposit mobilisation will remain a steep task, its current standalone valuation at 2.4x FY24CL book and consolidated valuation of 2.1x FY24 book are undemanding, and incremental risk-reward is favourable, it said.
Power, Hotels & Chemicals: Dipan Mehta maps out the market’s next big opportunities
Dipan Mehta advises selective investing, favoring power infrastructure, export manufacturing, and specialty chemicals. While acknowledging the hospitality sector’s strong run, he cautions about potential headwinds.
May 27, 2026