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Goldman Sachs downgrades HDFC to 'sell' from 'neutral'

New Delhi, Feb 22: Shares of Housing Development Finance Corporation (HDFC) took a dip of 3 per cent on the bourses after the research firm Goldman Sachs cut its rating on the stock to sell

India TV Business Desk [ Updated: February 22, 2013 11:17 IST ]
goldman sachs downgrades hdfc to sell from neutral
goldman sachs downgrades hdfc to sell from neutral

New Delhi, Feb 22: Shares of Housing Development Finance Corporation (HDFC) took a dip of 3 per cent on the bourses after the research firm Goldman Sachs cut its rating on the stock to sell from neutral.




The research firm expects growing competition in the housing finance sector leading to a contraction in market share of the company.

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