Tuesday, July 30, 2019

Axis Bank June quarter: Caution in a weak environment, long-term goals intact

Axis Bank June quarter: Caution in a weak environment, long-term goals intact We feel that the valuation at 2.2 times FY21 estimated book value has potential to re-rate should the journey to reaching 18 percent RoE pan out.

from Moneycontrol Business News https://ift.tt/2YfXJb4
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Dollar stays near 18-month high as Mideast conflict, inflation data in focus

The dollar's steadiness reflects a cautious market responding to geopolitical stresses in the Middle East, which have dampened investor ...