Profit

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

NSE
702.05
Change Change %
4.85 0.70%

Updated:22 Feb, 2019, 15:58 PM IST

BSE
703.05
Change Change %
6.15 0.88%

Updated:22 Feb, 2019, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Morgan Stanley
N/A
26-09-2016 Buy 553.70 675.00
N/A
Closed Long (1Y)
26-09-2017

Morgan Stanley maintains overweight on Axis Bank

Morgan Stanley has maintained its "overweight" rating on Axis Bank for a target price of Rs 675. We expect Axis Bank's market shares to increase going ahead. Any volatility in the stock is a great opportunity for long-term investors. We expect Axis Bank to earn around 400-500 basis points higher RoE than ICICI Bank.

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