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#HDFCBANK - CMP 1534

Stock is moving in a range since 2021.... approx 2 years of consolidation

Range is approx 1300 to 1725.

Net Profit March 21 : 31857 crores

Net Profit TTM : 48935 crores

Approx 53% rise in net Profit.

P/E dropped from 28 to 17.

Stock has not participated yet in the Market rally. Price is moving in a range and under timewise correction.

Must be on our radar for the next Market rally ......