Axis Bank Shares Drop 6% to 52-Week Low: What's the Big Worry?
Axis Bank Shares Drop 6% to 52-Week Low:
What's the Big Worry?
Axis Bank shares
drop 6%
on
Jan 17, hitting a 52-week low of ₹974.45
after Q3FY25 earnings missed market expectations.
Axis Bank shares
drop 6%
on
Jan 17,
hitting a 52-week low of ₹974.45
after Q3FY25 earnings missed market expectations.
Q3FY25 net profit rose 3.8% YoY to ₹6,304 crore
but fell short of analyst estimates, sparking investor concerns.
Q3FY25 net profit rose 3.8% YoY to ₹6,304 crore
but fell short of analyst estimates, sparking investor concerns.
Kotak Equities retains a
“Buy”
rating with a
₹1,500 target,
citing attractive valuations and stable net interest margins.
Kotak Equities retains a
“Buy”
rating with a
₹1,500 target,
citing attractive valuations and stable net interest margins.
Some brokerages see long-term potential, while others highlight weak growth and rising slippages as challenges.
Some brokerages see long-term potential, while others highlight weak growth and rising slippages as challenges.
Loan and deposit growth disappointed, but
operating profit rose 15%.
Analysts debate if the stock's discount to peers offers value.
Loan and deposit growth disappointed, but
operating profit rose 15%.
Analysts debate if the stock's discount to peers offers value.
Despite headwinds, Axis Bank’s growth potential and stable margins keep analysts cautiously optimistic.
Despite headwinds, Axis Bank’s growth potential and stable margins keep analysts cautiously optimistic.
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