Should You Buy Axis Bank After Its Stellar Quarterly Earnings? | Ideas For Profit

Axis Bank shares hit a record high after it delivered a stellar set of numbers in the second quarter. Momentum in loan growth, traction in fees, control over costs and improvement in asset quality led to a surge in profit. The lender’s earnings growth trajectory looks strong going forward, aided by improving macro and rapid market share gains. In fact, the stock trades at over 25% discount to its peers and there seems to be enough headroom for re-rating. Should you consider buying the stock now? Watch this video to find out! #stockmarket #topstocks #stockstobuy #axisbank Moneycontrol is India's leading financial and business portal with in-depth market coverage, analysis, expert opinions, and a gamut of financial tools. A part of Network18, moneycontrol.com is the most influential destination for stock market news and advice, business news, and news about the Indian and global economy. Subscribe: https://bit.ly/moneycontrolyoutube Follow us: Visit https://www.moneycontrol.com/ Facebook:   / moneycontrol   Twitter:   / moneycontrolcom   Instagram:   / moneycontrolcom