Buy HDFC Bank, target price Rs 2,200: Axis Securities

Axis Securities recommends buying HDFC Bank shares with a target of Rs 2200. Current market price is Rs 1783.3. The bank offers various revenue segments including interest and investments. HDFC Bank reported a net profit after tax of Rs 17825.91 crore in the latest quarter. Promoters and FIIs hold significant stakes in the company.