Axis Securities reveals top 5 bank and NBFC stocks after Q4 results: ICICI, SBI, Nippon Life & more

Axis Securities reveals top 5 bank and NBFC stocks after Q4 results: ICICI, SBI, Nippon Life & more

Following a disappointing performance in the June quarter (Q1FY25) for the banking space, Axis Securities has identified ICICI Bank, State Bank of India (SBI), and Federal Bank as its top picks in the sector. Meanwhile, among NBFC, it has chosen Cholamandalam Investment & Finance Company (CIFC) and Nippon Life India Asset Management on the back … Read more

Q1 Results Review: Axis Securities maintains ’buy’ call on Man Infraconstruction, sees over 27% upside – here’s why

Q1 Results Review: Axis Securities maintains ’buy’ call on Man Infraconstruction, sees over 27% upside – here’s why

Despite a decline in June quarter results, Axis Securities has maintained its ‘BUY’ recommendation for Man Infraconstruction Ltd (MICL), setting a target price of ₹240 per share, which implies an upside of over 27 percent. The brokerage remains optimistic about the company’s long-term growth prospects. On Friday, the stock increased by 3.37 percent, closing at … Read more