HDB Financial shares fall after Q2 profit jumps 34.2%
In short
HDB Financial Services reported profit after tax of ₹780 crore for the September quarter of FY27, up 34.2%. After the results, the shares fell 4%, and the headline says brokerages cut their targets.
This matters because the stock moved down even though profit rose. The report does not say which brokerages lowered targets or by how much.
What the reporting says
HDB Financial Services reported a 34.2% rise in profit after tax to ₹780 crore in the September quarter of FY27, according to the publisher summary. The headline says the shares fell 4% after the results and that brokerages cut targets, but the available reporting does not name the brokerages or give the target prices. The immediate pressure on the stock is clear, while the reason for the downgrade is not fully stated.
Why it matters
HDB Financial Services reported a 34.2% increase in profit after tax to ₹780 crore for the September quarter of FY27, while its shares fell 4% after the results, according to the headline and summary. The report also says brokerages cut targets, but it does not identify them or provide the revised levels. The key market reaction is negative despite the profit growth.