Hold on to HDFC Bank: IV Subramanium, Quantum Advisors

We still see predictable growth numbers coming over the next many years. So, we are a little more comfortable in holding onto HDFC Bank.

In a chat with ET Now, IV Subramanium, CIO, Quantum Advisors (Fundamental Check), shares his views on various stocks.

ET Now: What is your call on HDFC Bank?

IV Subramanium: We may buy more aggressively going forward but it does not mean that we have to reduce our weight in HDFC Bank. As we said earlier that bank has shown some very predictable growth numbers. We still see those kinds of predictable growth numbers coming over next many years. So, we are a little more comfortable in holding onto HDFC Bank. If valuations really become expensive even from our point of view, we will go ahead and completely sell out.
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