Axis Bank may have reported a net loss for the September quarter, but strong operating performance and improvement in asset quality fuelled confidence among brokerages. Most global brokerage firms maintained their rating on Axis Bank.
The most aggressive target price of Rs 900 was put out by HSBC that translates to a 30 percent upside from Tuesday’s close of Rs 712 on the BSE.
In case you are undecided about what to do with the stock, Moneycontrol’s Shraddha Sharma does a 3-Point Analysis on what investors can look forward to.
Watch the video for more.
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