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Last Updated : Apr 26, 2019 04:20 PM IST | Source: Moneycontrol.com

Buy Axis Bank; target of Rs 900: Sharekhan

Sharekhan is bullish on Axis Bank has recommended buy rating on the stock with a target price of Rs 900 in its research report dated dated April 25, 2019.

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Sharekhan's research report on Axis Bank


Axis Bank has posted strong results on a strong operational performance and sequential improvement in asset quality. The growth in advances as well as deposits is indicative of strong business traction. Improved PCR and additional provisions add to investor comfort.


Outlook


We maintain our BUY rating on Axis Bank with a revised PT of Rs 900.


For all recommendations report, click here


Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.



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First Published on Apr 26, 2019 04:20 pm
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