Dealer’s name: Axis Financial institution (Purchase)
Goal: ₹1,450 CMP: ₹1,245.15 Axis Financial institution has navigated tight liquidity situations nicely to keep up NII progress (CAGR of twenty-two.7 per cent over FY22-FY24), whereas it constructed sturdy provision buffers, with 78 per cent PCR on NPAs and 1.2 per cent provision on non-NPA ebook. We anticipate opex progress moderation (to fifteen.2 per cent … Read more