AXIS Capital exhibits high-growth expectations, but the recent share buybacks suggest these expectations may be overstated. The company specializes in niche insurance markets and has a global reach, ...
Axis Bank (AXSB) reported 2QFY25 net profit of INR69.2b (up 18% YoY, 4% beat) as tax reversals and treasury gains offset higher provisions. In 1HFY25, earnings grew 11% YoY to INR129b, and we expect ...
However, its exposure to catastrophe losses and the low interest rate environment keeps us on the sidelines. Thus, we retain our Neutral recommendation on the company. New business opportunities ...
Motilal Oswal Financial Services has a neutral call on Axis Bank with a target price of Rs 1175. The current market price of Axis Bank Ltd. is Rs 979.15. Axis Bank, incorporated in 1993, has a market ...
Axis Bank (AXSB) reported 2QFY26 net profit of INR50.9b (26% YoY decline, 8% miss) amid higher provisions. NII grew 1.4% QoQ (up 2% YoY) to INR137.4b (4% beat). NIMs contracted 7bp QoQ to 3.73%, aided ...
Counting on the positives, new business opportunities across AXIS Capital's lines of business and geography have helped the company achieve growth in premium writings. The company noted improved ...