Motilal Oswal-Investment Advice!

pawankumar (investor) (109 Points)

23 April 2010  

Motilal Oswal has recommended a `Buy` on Axis Bank with a price target of Rs 1,360 in its report dated Apr. 20, 2010.

``Axis Bank`s posted 4QFY10 PAT of Rs 7.6 billion (up 32% YoY), which is higher than our estimate of Rs6.6b, led by lowerthan- expected provisions.