UBS said it believes a gradual improvement in key metrics is likely to drive a re-rating for Axis Bank and narrow the valuation discount versus peers. It has raised its FY26-28 earnings-per-share estimates 1-4%.
UBS said it believes a gradual improvement in key metrics is likely to drive a re-rating for Axis Bank and narrow the valuation discount versus peers. It has raised its FY26-28 earnings-per-share estimates 1-4%.