HDFC Bank Shares Lag Despite CEO Clarity and Q2 Update

HDFC Bank shares have been doing less well than some investors might expect.

The report says this is happening even after CEO clarity and a Q2 update.

Rikin Shah of IIFL is positive about large private banks over the next two years.

But he thinks HDFC Bank's earnings will grow more slowly than those of some other private banks.

He names Axis, Kotak and ICICI Bank as comparisons.

The article does not say exactly how much earnings or share prices might change.