Stocks to Watch: HDFC Bank, Dabur, Hero MotoCorp, Prestige Group, RBL Bank

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Key Points

HDFC Bank: The bank announced a 55.4% year-on-year (YoY) increase in gross advances, reaching 25.08 lakh crore as of March 31, 2024..

In Q4FY24, HDFC Bank's deposits totaled approximately 23.80 lakh crore, marking a YoY increase of 26.4% and a QoQ increase of 7.5%..

RBL Bank: On Thursday, the private sector lender revealed a 22% year-on-year (YoY) and 12% quarter-on-quarter (QoQ) increase in its total deposits..

The bank also reported a 14% increase in deposits for the reviewed quarter, amounting to 3,84,789 crore, up from 3,36,438 crore in the same period last year..

Dabur India: The manufacturer of packaged consumer goods is expected to have achieved a mid-single digit increase in its consolidated revenues for the quarter ending in March, according to the company's quarterly update released on Thursday..

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