Bullish on HDFC: Prakash Diwan, Asit C. Mehta Investment Intermediates Ltd.
HDFC numbers are pretty encouraging, very clearly shows that good corporate governance and a good business model, robust business model can continue to perform even in adverse market conditions.
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| Updated: Prakash Diwan, Head-Institutional Clients Group, Asit C. Mehta Investment Intermediates Ltd., in a chat with ET Now, gives his call on HDFC
What did you make of the numbers of HDFC?
They are pretty encouraging, very clearly shows that good corporate governance and a good business model, robust business model can continue to perform even in adverse market conditions. There are quarters of some disappointment in certain spheres of the numbers but the numbers are distinctly very encouraging and very clearly shows that this is a stock that people should be invested into much more than they are as a percentage of the portfolio, great place to hide, stick to it even in bad times and I am sure it does not let you down.
What did you make of the numbers of HDFC?
They are pretty encouraging, very clearly shows that good corporate governance and a good business model, robust business model can continue to perform even in adverse market conditions. There are quarters of some disappointment in certain spheres of the numbers but the numbers are distinctly very encouraging and very clearly shows that this is a stock that people should be invested into much more than they are as a percentage of the portfolio, great place to hide, stick to it even in bad times and I am sure it does not let you down.
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