India Equity Strategy: Input Cost Benefits Drive Earnings Growth, Revenue Contribution Muted
Q3FY24 earnings season saw an overall in-line performance, with wide divergences across sectors and companies. Aggregate revenue/PAT grew by 5%/20%...
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Axis Bank: Deposit Handicap to the Fore; Downgrade to ADD
AXSB still has significant ground to cover in terms of enhancing the quality of its deposit franchise and exercising better pricing power on the...
338 Views
Leveraged Financials: Emerging Long-Tail Risks in Unsecured Credit
India’s heterogenous unsecured retail credit market (US$160bn, 3-year CAGR at ~23%) has been in the headlines ever since the RBI clamped down on...
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Axis Bank (Update): Future-Proofing Efforts yet to Solve for Deposit Puzzle. Maintain BUY
Axis Bank (AXSB) hosted an Analyst Day to demonstrate its progress at future-proofing the franchise on both sides of the balance sheet
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HSIE Results Daily: Axis Bank, Tech Mahindra, Jubilant FoodWorks, Sonata Software
Axis Bank (AXSB) reported in-line results, led by healthy loan growth (+4.5% QoQ) and a sharp improvement in asset quality
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