'A buy-on-dips pick': Why HDFC Bank is getting backing from analysts despite management blip

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.