Those who have been part of this web site since Mar 2016 should know that Axis Bank was recommended on 4th Mar 2016 at the price of Rs.413. During these two months or so, it has undergone the appreciation of around 20% as on today. It is during those times when otherwise, banking sector has proved to be a laggard because of NPA woes with all the banks with particular reference to PSUs.
Axis Bank, a leading entity in private bank remains a dependable stock for investors. Those who want to exit booking partial profit should do so while those who can take risk should continue with the stock for med to long term. It shall not disappoint us, profit wise - patience though is always needed.
Wish the best of rewards coming your way, always.