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Houseviews: Trading tips on Axis Bank, Exide, BoB, Tech Mah
Wed, Sep 05, 2012 at 09:02
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.