HDFC Bank shares fell after chairman Atanu Chakraborty’s sudden exit, wiping out significant market value. However, analysts largely see the drop as a buying opportunity, with valuations entering a “deep value” zone. While a slight governance discount may emerge, most experts do not view the resignation as a fundamental concern and remain confident in the bank’s strong track record.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets