HDFC profit in quarter may lag estimates, says StarMine

Written by Reuters | Updated: Jan 22 2014, 19:57pm hrs
HDFCHDFC may lag consensus profit forecast for the October-December quarter. Reuters
HDFC (Housing Development Finance Corporation Ltd) may lag consensus profit forecast for the October-December quarter when it reports results on Wednesday, Thomson Reuters StarMine's SmartEstimates shows.

StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects HDFC Ltd to report a profit of 12.63 billion rupees ($205.07 million) for the quarter, compared with a consensus mean estimate of 12.84 billion rupees.

HDFC shares up 0.4 percent at 0832 GMT.