Axis Bank
Industry Bank
Code NSE: AXISBANK | BSE: 533215
Market Cap ₹ 91,861 Cr (USD 12 Bn)
1-year Return -49%
CMP First Reached June 2014
Date Added 5th April 2020
CM Framework Market Fire Sale
CMP ₹ 388.9
Recommendation Buy
Why we like this stock:
The stock historically traded at price to book of greater than 2. Currently trading at 1.2. Stock has corrected by 50% in last two months. The watchlist has reduced substantially over a period of time. NPA growth is well contained in last four quarters.