Postive on HDFC in the long term: Amit Khurana
"The results were pretty very much in line with expectations. I guess over the next 12 to 18 months they have plans to unlock some of the investments that they have."
What is your call on HDFC?
The results were pretty very much in line with expectations. I guess over the next 12 to 18 months they have plans to unlock some of the investments that they have into the other ventures like insurance and a few other companies.
Also, this is structurally a business which tends to be very stable growth at 18% to 22% range so I say positive on it structurally, obviously cannot make a short term call as to what levels to buy but overall longer term I stay positive.
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