Axis Bank is trading at PE of 14, below 10 year Historical PE levels of 18. Strong Revenue and Profit growth with consistent loan book growth.
With increasing share of Private banks, and slow calibrated shift from Unorganised to Organised, Axis Ban may be poised for some upside here. Keep a close watch.
Not an Investment Advice. Only for research purpose.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.