Is It A Right Time To Buy HDFC Bank Shares? What Should Be Your Next Target Price?

Yesterday, HDFC Bank, India's largest private sector bank, saw its shares experience the most significant intraday gain in nearly three months. The surge in HDFC Bank's stock was attributed to several positive developments. Gaurang Shah of Geojit Financials has expressed optimistic sentiments about HDFC Bank shares on BTTV's 'Market Today' show. He has said that judging the stock solely based on one quarter's performance would be unfair and set a target price for the stock at Rs 2,000.