Trend Analysis - EMA 100 key level

Axis Bank is trading at PE of 14, below 10 year Historical PE levels of 18.
Strong Revenue and Profit growth with consistent loan book growth.

With increasing share of Private banks, and slow calibrated shift from Unorganised to Organised,
Axis Ban may be poised for some upside here. Keep a close watch.

Not an Investment Advice. Only for research purpose.
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