Deven Choksey Research has issued a BUY recommendation for HDFC Asset Management Company Limited (HDFC AMC), highlighting strong operational and financial momentum in the recent quarter.
Cipla, Bajaj Finserv, Mahindra & Mahindra, Tata Motors, SBI were among major gainers as Indian markets trade at all-time highs. Indian markets have finally crossed 26,000 mark for NSE Nifty.
In a fresh research update dated October 19, 2025, Prabhudas Lilladher reaffirmed its BUY call on HDFC Bank, setting a target price of Rs 1,150 against the current market price (CMP) of Rs 1,003.