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Buy Axis Bank at Rs 600 level: PN Vijay

Published on Thu, Jul 03, 2008 at 18:38 , Updated at Fri, Jul 04, 2008 at 10:18
Source : CNBC-TV18

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Investment Advisor, PN Vijay is of the view that one can buy Axis Bank at Rs 600 level.

Vijay told CNBC-TV18, "We have been picking at Axis Bank around Rs 600 levels because a majority of brokerages even the foreign ones, who are rather negative right now on the markets, have been giving buy signals. This is a superb bank, which has capitalised itself very well and has not rushed in where angels fear to tread as in home and auto loans. They have got a very well heeled balance sheet, and it is a very modern, technology driven bank. So, at Rs 600 levels we have been pecking at Axis Bank."

Share Price Movement During The Last 12 Months
Period Price Latest Price Gain/Loss (Rs.) % Gain/Loss
3-Days 603.65 579.75 -23.90 -3.96
5-Days 676.25 579.75 -96.50 -14.27
7-Days 686.95 579.75 -107.20 -15.61
15-Days 794.20 579.75 -214.45 -27.00
1-Month 750.00 579.75 -170.25 -22.70
3-Month 743.00 579.75 -163.25 -21.97
6-Month 1033.90 579.75 -454.15 -43.93
9-Month 755.15 579.75 -175.40 -23.23
1-Year 607.10 579.75 -27.35 -4.51

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Axis Bnak when touch Rs.750/-

Dont Panic at all Axis & Kotak are one of the best & fast growing Pvt Sector Banks Stay invested for atleast 2-3...

in Axis Bank - Guest at 18-Nov-08 02:12

Axis Bnak when touch Rs.750/-

panic has its own base where it grows up. i now see only panic-striken investors are now on safe platform....

in Axis Bank - das.ajitk2 at 18-Nov-08 11:24

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