What to do on Axis Bank after January-March 2022 results? What are the brokerage targets?
Axis Bank's March 2022 results have been mixed. The profit of the bank has increased by about 54 percent and the income from interest (NII) has increased by 16.7 percent. Shares of Axis Bank had closed at Rs 776, up 1.4 per cent in the session on Thursday. After the results, brokerage houses are looking bullish on the shares of Axis Bank. Goldman Sachs, BoFA and Jefferies have retained their buying opinion on the stock. At the same time, Morgan Stanley's stance on the stock is overweight and JP Morgan is neutral. So far this year, the bank's stock has gained about 12 per cent.
Written By: Zee Business Video Team