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    HDBFS — HDB Financial Services News Story

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    India's HDB Financial extends gains after trading debut

    Picture of HDB Financial Services logoHDB Financial Services
    03/07/2025 06:31
    ** India's HDB Financial Services HDBF.NS climbs 3.3% to 868.50 rupees

** Stock jumped 13% in trading debut on Wednesday, valuing lender at $8.2 bln

** Mahesh Ojha, an analyst at Hensex Securities, expects a "long runway for expansion" for HDB, citing lender's asset quality

** HDB is a unit of India's biggest private lender HDFC Bank HDBK.NS; co's $1.5 bln IPO, India's largest so far in 2025, got bids worth $19 bln last week

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))

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