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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
CLSA Maintains Buy on Axis Bank
CLSA has maintained its buy call on Axis Bank for target price of Rs 660 per share. CLSA says that new deposit strategy will yield mixed results and retail segment will continue to scale up. CLSA adds that it expects bank to post compounded annual growth of 21 per cent in profits over FY15-18.