Analysts stay bullish on HDFC post sale of part stake in Ergo JV
Maintaining a ‘buy’ rating with a target price of Rs 3,300, Jefferies said HDFC’s sale of 5% stake in HDFC Ergo GI to HDFC Bank will boost its bancassurance tie-up with HDFC Bank, which also partners with Bharti AXA or Bajaj General Insurance.
via Economictimes
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