Archive · 28 Nov 2025
Jefferies Maintains Buy on Axis Bank
Jefferies, a brokerage firm, thinks Axis Bank is a good investment.
They believe the bank will grow steadily and keep its profits stable.
Axis Bank is doing well in areas like home loans, personal loans, and credit cards.
They are also improving how they manage their money and loans.
Jefferies thinks the bank's stock could go up by about 13% in the next few years.
They like that Axis Bank is focusing on digital services and expanding its branches.
Overall, Jefferies is optimistic about Axis Bank's future.
Jefferies maintains a Buy rating on Axis Bank with a price target of Rs 1,430, implying a 13% upside potential.
Axis Bank's growth is expected to outpace the industry, driven by strong retail demand and stable wholesale disbursements.
The bank is focusing on improving its CASA mix and deposit flow, with retail term deposits remaining strong.
Axis Bank expects stable net interest margins and controlled credit costs, with guidance around 1.2%.
Fee income is strong, driven by cards, retail payments, and distribution fees, with cost trends stabilizing.
- Who
- Jefferies, Axis Bank
- What
- Jefferies maintains Buy rating on Axis Bank with 13% upside potential
- When
- Not specified
- Where
- Not specified
- Why
- Due to Axis Bank's balanced growth plans, improving deposit mix, and contained credit costs
- Brokerage
- Jefferies
- Rating
- Buy
- Price Target
- Rs 1,430
- Current Price
- Rs 1,276.60
- Upside Potential
- 13%
- CASA Ratio
- Gradual improvement expected
- Credit Cost Guidance
- Around 1.2%
- Net Interest Margins
- Expected to remain stable
