HDFC Bank Shares Hit 52-Week Low on Margin Woes Post-Merger, But Most Analysts Remain Bullish
• HDFC Bank shares down 15% in January, worst month since March 2020 • Stock trading below 50-day, 100-day and 200-day moving averages • Analysts cite low margins and need for time to normalize post-merger as issues • Valuations seen as undemanding historically and versus peers • 45 out of 50 analysts maintain "buy" recommendation despite stock at 52-week low