HDFC Bank Q1 Profit Rises 12%, Brokerages Raise Targets

HDFC Bank reported a 12% YoY rise in Q1 FY26 net profit to ₹18,155 crore. While NIMs slightly contracted, strong provisions and improved liquidity boosted investor confidence. Brokerages raised target prices to ₹2,270–₹2,300, maintaining 'buy' ratings on expectations of stronger growth in the second half of the fiscal.