HDFC Bank Shares Gain 3.2% Following Q2 Results and Brokerage Commentary

HDFC Bank shares rose 3.2% to ₹722 on Tuesday, emerging among top Nifty 50 gainers after reporting September-quarter performance.

The lender posted a 4.7% year-on-year increase in profit after tax to ₹19,510 crore, with gross non-performing assets improving to 1.11%.

Brokerages maintained positive ratings with target prices ranging up to ₹1,150 while noting margin pressure and weak earnings growth.