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HDFC Bank Q2 Results Review - Systematix Retains 'Buy' Rating On The Stock; Here's Why

The brokerage sets target price of Rs 1,945 valuing the standalone bank at 2.3x Sep’26 P/ABV and assigning Rs 200 per share to the subsidiaries.

<div class="paragraphs"><p>HDFC Bank branch. (Source: Vijay Sartape/NDTV Profit)</p></div>
HDFC Bank branch. (Source: Vijay Sartape/NDTV Profit)
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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