India, Sept. 23 -- Shares of HDFC Bank Ltd. are likely to remain in focus after several global brokerages retained positive views on the lender, with the stock's CEO succession process emerging as a key potential catalyst.

HDFC Bank was trading at around Rs 739. HDFC Bank's 52-week range stands at Rs 682 to Rs 1,020.35, while its trailing price-to-earnings ratio is around 14x. The current valuation is considerably below the levels at which the stock traded during its previous highs, providing the backdrop for the re-rating argument being made by several brokerages.

HDFC Bank Share Price Target

Upside calculated from HDFC Bank's September 21 closing price of Rs 739. Brokerage targets were issued at different reference dates, so the imp...