Archive · 21 Jun 2025
Emkay Raises Axis Bank Price Target to Rs 1,400, Recommends Buy
Imagine a financial expert looked at Axis Bank and thinks it's a good investment.
They set a price target of 1400 rupees for the shares, higher than the current price.
They like that the bank is doing well, has good customer service through its app, and is careful with money.
They expect profits to be a little smaller in the near future.
Although, they are hopeful about it doing better in the long run, especially if management stays strong.
Therefore, they suggest buying the bank's stock.
Emkay Global Financial Services maintains a 'Buy' rating on Axis Bank, with a target price of Rs 1,400.
The brokerage cites robust valuation, improving asset quality, and strong operational efficiency as reasons for confidence.
Net interest margins (NIM) are projected to slightly decrease from 4% in FY25 to about 3.8% in the medium term.
Credit stress is easing in the credit card portfolio, but challenges remain in microfinance and personal loan portfolios.
Emkay highlights concerns regarding management stability and volatile credit growth.
- Who
- Emkay Global Financial Services.
- What
- Emkay Global Financial Services reiterated a 'Buy' rating on Axis Bank.
- When
- The report was released recently.
- Where
- The report concerns Axis Bank.
- Why
- Based on the bank's valuation, improving asset quality, and operational efficiency.
Emkay's View
Challenges for Axis Bank
Strengths and Weaknesses
Emkay's View
The report highlights the bank's strengths.
Challenges for Axis Bank
Concerns regarding management stability and credit growth
- Brokerage Rating
- 'Buy'
- Target Price
- Rs 1,400
- Current Market Price
- Rs 1,215
- NIM Projection
- ~3.8% in the medium term
- App Ratings
- 4.7 (Google Play); 4.8 (iOS)