HDFC is down for unknown reasons. HDFC reported terrific quarterly numbers and is poised to hold no 1 position in the banking sector in India. Why i will heavily invest in HDFC at this price point:
the expected dividend income will beat the interest rates of FD done in the bank :)
The bank's EPS should grow appreciably in the large cap bucket as it will continue to generate more cash flows over time
Think this is a great time to buy for the long term. Have initiated bulk buys at this zone
Buy and forget!!
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