Anil Singhvi Buy call, Axis Bank Share Price, Diwali stock pick: Market expert Anil Singhvi has identified Axis Bank as one of his key Diwali recommendations this year, pointing to a steady turnaround in the lender’s performance and consistent improvement in financial strength. The stock, currently trading close to Rs 1,170, has regained momentum after several muted quarters.
Singhvi observed that Axis Bank’s recent quarterly results highlight a meaningful recovery in asset quality, while slippages have stabilised. Both loans and deposits grew in low double digits during the September quarter, underlining healthy growth across segments. The performance has reinforced confidence that the bank’s strategy is delivering results after a long consolidation phase.
Axis Bank share target price