HDB Financial shares rally 12%. What Jefferies, Morgan Stanley analysts recommend

HDB Financial Services surged over 12% after reporting strong Q4 FY26 results, with profit up 41% and NII rising 22%. Brokerages including Jefferies, Morgan Stanley, Emkay Global, JM Financial and Motilal Oswal issued mixed but largely positive views, citing improved asset quality, stable margins and moderated credit costs.