D-street lapping up HDFC twins with merger entering final leg
Investor interest in HDFC Bank and HDFC has increased due to their nearing merger, with delivery volumes on both exchanges seeing an uptick this month. The merger is set to be completed next month and is expected to offer great value to investors. Share deliveries have risen by over 75% as a percentage of total volume, with delivery volumes in HDFC seeing an increase of 27% compared to last month.
