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Houseviews: Trading tips on Axis Bank, Exide, BoB, Tech Mah

Wed, Sep 05, 2012 at 09:02

Source: Moneycontrol.com
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Axis Bank

Brokerage: Morgan Stanley

Rating: UNDERWEIGHT

Target: Rs 800

Rationale: The underlying loan book appears riskier compared to its peers. EPS growth is likely to slow as growth unwinds and the shadow of rising impairments remains.