BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Credit Suisse maintains outperform on Axis Bank
Loan growth pick-up has been on account of foreign currency non-resident (FCNR) inflows. Problem loan addition has been lower versus guidance. Profitability has been strong even with accelerated retail franchise. Target Rs 1450.