Devang Mehta of AnandRathi Financial Services joins CNBC-TV18 to answer investor queries on select stocks.
*Q: Investor has 100 shares of HDFC at Rs 668. What's your call on HDFC?* A: I think this is one of the best stocks to hold. It has had one of the most robust results in the current environment. We saw the company’s loan growth rising, disbursements rising, we are also seeing that the company is going to maintain its ROE for the next three-four years… for FY11 to FY14, the ROE would be above 20%. So my take is that this stock is wonderful to hold and has one of the best asset qualities in class for this stock. You can hold this stock and can expect a target of around Rs 835 in the next one year. -- CA. Rajesh Desai -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
