Should You Buy Axis Bank After Its Stellar Quarterly Earnings? | Ideas For Profit

Описание: Axis Bank shares hit a record high after it delivered a stellar set of numbers in the second quarter. Momentum in loan growth, traction in fees, control over costs and improvement in asset quality led to a surge in profit. The lender’s earnings growth trajectory looks strong going forward, aided by improving macro and rapid market share gains. In fact, the stock trades at over 25% discount to its peers and there seems to be enough headroom for re-rating. Should you consider buying the stock now? Watch this video to find out!

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