Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
619.30
Change Change %
10.70 1.76%

Updated:19 Sep, 2018, 10:04 AM IST

BSE
619.10
Change Change %
10.65 1.75%

Updated:19 Sep, 2018, 10:01 AM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Morgan Stanley
N/A
12-07-2016 Buy 553.90 740.00
N/A
Closed Long (1Y)
12-07-2017

Morgan Stanley maintains overweight on Axis Bank

Morgan Stanley has maintained 'overweight' on Axis Bank for target price of Rs 740/share. It has increased target price to Rs 740 from Rs 600/share. Morgan Stanley says, next couple of quarters will be volatile and expects investors to start looking beyond NPL cycle. It adds that the underlying growth and market share gains remain strong and discount to retail lenders should narrow from here on.

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