New Delhi: Goldman Sachs cut its rating on Housing Development Finance Corp Ltd to "sell" from "neutral", a news wire has reported.
Goldman also downgraded its target price on HDFC to 740 rupees from 790 rupees.
Shares of HDFC were trading at Rs 812 in BSE, down 2.39% from its previous close of Rs 815 while in NSE the stocks were trading at Rs 811, down 2.02% from its previous close of Rs 815.
With Agency Inputs
First Published: Friday, February 22, 2013, 10:07