Anil Singhvi Buy call, Axis Bank Share Price, Diwali stock pick: Market expert Anil Singhvi has identified Axis Bank as one of his key Diwali recommendations this year, pointing to a steady turnaround in the lender’s performance and consistent improvement in financial strength. The stock, currently trading close to Rs 1,170, has regained momentum after several muted quarters.
Singhvi observed that Axis Bank’s recent quarterly results highlight a meaningful recovery in asset quality, while slippages have stabilised. Both loans and deposits grew in low double digits during the September quarter, underlining healthy growth across segments. The performance has reinforced confidence that the bank’s strategy is delivering results after a long consolidation phase.
Axis Bank share target price
Market expert Anil Singhvi has assigned price targets of Rs 1,400 and Rs 1,500 with a one-year investment horizon. Brokerages have mirrored his optimism, revising FY26–FY28 earnings estimates higher by 2.7–5.3 per cent due to stronger growth and lower credit costs. HSBC has also raised its target price to Rs 1,460 from Rs 1,340, while maintaining a Buy rating on the stock.
Add Zee Business as a Preferred Source
Growth outlook brightens for upcoming quarters
Looking ahead, Singhvi expects the December quarter to reflect even stronger growth, aided by GST-driven business revival and the positive impact of interest rate cuts. The corporate lending book continues to lead overall loan expansion and remains the key driver of earnings.
Axis Bank has guided that its advances will grow roughly 300 basis points faster than the industry average over the next three to five years, supported by a broad-based improvement in credit demand. Valuations are considered reasonable at around 1.4 times price-to-book value on FY27 estimates, keeping the risk-reward favourable for long-term investors.
With firm fundamentals, improving profitability, and steady corporate demand, Anil Singhvi believes Axis Bank is well-positioned for a stronger year ahead.
Disclaimer : This story is auto aggregated by a computer programme and has not been created or edited by DOWNTHENEWS. Publisher: zeebiz.com
