HDFC Bank’s runway is huge; it can potentially add a new HDFC Bank every 5 years. Buy for 47% gain

Buy HDFC Bank for target price of Rs 1955 (47% gain). It's growth runway is huge. It can add a new HDFC Bank every five years. The proposed merger with HDFC adds a entirely different dimension to the future. There may not be any need to raise further funds

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