May the weak working efficiency in This autumn delay the re-rating of Axis Financial institution?

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Axis Financial institution This autumn End result Evaluate: Analysts don’t count on to meet up with valuations in gentle of NII undershoot, impending dilution to fund Citi deal and better working expense steerage.

Axis Financial institution | market | This autumn Outcomes

Shares of Axis Financial institution fell 6.5 per cent to Rs 729 on the BSE on Friday on less-than-expected development in internet curiosity revenue (NII), and stunning margin compression frightened the Road. As compared, the benchmark S&P BSE Sensex index misplaced 0.8 per cent.

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First revealed: Fri, 29 April 2022. 12:37 IST

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