Sensex Today | Stock Market LIVE Updates: BROKERAGE RADAR | CLSA ON HDFC BANK

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• Maintain Outperform with target price of Rs 1,650

• Branch addition picked up meaningfully in Q4

• Bank opened 654 new branches in Q4FY24, taking the total branch opening in FY24 to 924

• Branch addition lower than FY23, but it is a better end to a slow start

• Around 36% of new branch additions in FY24 were in the top 50 districts


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