BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Motilal Oswal maintains neutral on Axis Bank
Motilal Oswal has maintained neutral on Axis Bank for target price of Rs 545. It says Axis Bank surprised positively with core PPoP beating estimates due to better than expected core fee income growth. It added that asset quality remained under pressure with gross stressed asset pool largely unchanged QoQ.