Moneycontrol
Last Updated : Jan 23, 2018 11:49 AM IST | Source: CNBC-TV18

Upgraded rating on Axis Bank from hold to buy, will revise target price: Analyst

Axis Bank, which came out with its third-quarter numbers today, managed to beat street expectations on most parameters but there are some concerns on issues like non-watch list slippages. In an interview with CNBC-TV18, Rakesh Tarway of Reliance Securities shared his take on the numbers.

CNBC TV18 @moneycontrolcom

Axis Bank, which came out with its third-quarter numbers today, managed to beat street expectations on most parameters but there are some concerns on issues like non-watch list slippages. In an interview with CNBC-TV18, Rakesh Tarway of Reliance Securities shared his take on the numbers.

I would like to focus on the total slippages, he said.

We have upgraded our rating from hold to buy and we will revise our target price on that, he added.

For more, watch accompanying video...
First Published on Jan 23, 2018 11:49 am
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant