Profit

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

NSE
599.20
Change Change %
-9.60 -1.58%

Updated:21 Sep, 2018, 15:59 PM IST

BSE
599.40
Change Change %
-9.80 -1.61%

Updated:21 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
16-12-2016 Buy 474.00 550.00
N/A
Target Hit Long (1Y)
16-12-2017

Nomura upgrades Axis Bank to buy

Nomura has upgraded its rating on Axis Bank to "buy" from "neutral" earlier for a target price of Rs 550. Asset quality risk already priced in, says Nomura. Valuation looks attractive after recent underperformance and in long run we expect the bank to generate normalised return on equity, the brokerage added.

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