HDFC Bank drops 1% after Q4 results: Profit rises, so why is stock down?

HDFC Bank drops 1% after Q4 results: Profit rises, so why is stock down?

Summary

HDFC Bank reported a net profit of about Rs 19,221 crore for the fourth quarter, up around 9% from a year ago. But shares of India's largest private lender fell...

Description

HDFC Bank reported a net profit of about Rs 19,221 crore for the fourth quarter, up around 9% from a year ago. But shares of India's largest private lender fell...

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