BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
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.