BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Macquarie maintains outperform on Axis Bank
At price/book value of 1.3-times, the stock is cheap. Net interest margins to remain high this year. Retail will drive growth going forward. Stress asset formation to remain high. Target Rs 1365.