Buy HDFC Bank from long term perspective: Gopinath Natarajan
"The stock has done very well in the last few months but again this is a good stock to buy for long term investors and also a good stock to hold if somebody is already holding that stock. "
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| Updated: Gopinath Natarajan, EVP, IIFL PReMIA in an interview with ET Now talks about HDFC Bank.
A large cap name where you are convinced that it makes sense to be a buyer and the margin of safety is looking strong?
At this point of time I guess one needs to see where the market goes broadly. I would not rush out and shop at this point of time but yes I have been consistent on saying that I like HDFC Bank. We have been having HDFC Bank as one of our top picks for sometime now.
The stock has done very well in the last few months but again this is a good stock to buy for long term investors and also a good stock to hold if somebody is already holding that stock.
A large cap name where you are convinced that it makes sense to be a buyer and the margin of safety is looking strong?
At this point of time I guess one needs to see where the market goes broadly. I would not rush out and shop at this point of time but yes I have been consistent on saying that I like HDFC Bank. We have been having HDFC Bank as one of our top picks for sometime now.
The stock has done very well in the last few months but again this is a good stock to buy for long term investors and also a good stock to hold if somebody is already holding that stock.
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