HDB Financial Services reported a strong June quarter with profit rising 38%. Net interest income increased 20%, and asset quality showed improvement. Assets under management grew 11%, reflecting steady lending business expansion. Experts maintained neutral ratings, citing steady earnings and margin expansion. The company's stock saw a notable jump following the positive financial results.
HDB Financial shares jump 5% on Q1 profit cheer. What are Nomura, Motilal Oswal saying?
HDB Financial Services reported a strong June quarter with profit rising 38%. Net interest income increased 20%, and asset quality showed improvement. Asse…
