BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Nomura Maintains 'Buy' On Axis Bank
According to Nomura, the credit cycle is bottoming out for Axis Bank with majority of slippages from the defined stress pool and 2) haircut levels coming in line with expectations.