Axis Bank share price: ICICI Securities Maintains BUY with a revised target price of Rs 953
ICICI Securities interacted with the senior management of Axis Bank including Mr Amitabh Chaudhry - MD & CEO, Mr. Puneet Sharma – CFO and Mr Rajiv Anand – Wholesale Banking, Executive Director. The management highlighted, contrary to its cautious outlook 6-9 months back, it is now comfortable and positive about better economic recovery. Activity levels, too, are getting back to or better than pre-covid levels.
Axis bank is also very well poised to support growth and participate in recovery. However, it remains cognisant that large and stronger players are talking more about growth: Reuters