Axis Bank Q2 Review: ICICI Securities Sees Up To 26% Upside; Check Other Brokerages Target Prices, Ratings

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The three brokerages, ICICI Securities, IDBI Capital, Systematix remain positive on Axis Bank despite pressure on margins and operating expenses during the September quarter. The private lender reported a 37.6% YoY increase in net profit to Rs 7,003 crore, supported by lower provisions.