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Axis Bank Q3 Results Review- Dolat Capital Maintains 'Add', Revises Target Price; Sees 20% Upside — Here's Why
Axis Bank's valuation gap versus large private peers to continue owing to lower return on asset, growth constraints, and slightly weaker liability profile, says Dolat Capital.
17 Jan 2025, 11:05 AM IST 
Axis Bank reported in-line profitability metrics benefitting from continued opex optimization, despite muted fee growth and slightly higher credit costs.
(Photo Source: Axis Bank's Facebook page)
Axis Bank maintains structural net interest margin guidance of 3.8% through cycles, opex optimisation will continue barring quarterly seasonality.
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