Anish Damania of Emkay Global Financial Services told CNBC-TV18, "Axis Bank's numbers have been better than our expectations on most of the counts. We have a hold on this stock with a target price of somewhere around Rs 1,250."
"The stock had fallen to somewhere around Rs 1,150. At present we do not have a negative view on Axis Bank, so it is a hold, however within the private sector banks we like ICICI Bank, Housing Development Finance Corporation (HDFC) and HDFC Bank more than Axis Bank," he said. Also Read: Don't expect many takers for yeilds above 8%: HDFC Bank
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