Latest news with #SumeetKariwala
Business Insider
20-07-2025
- Business
- Business Insider
Axis Bank Limited (AXISBANK) Gets a Buy from Morgan Stanley
Morgan Stanley analyst Sumeet Kariwala maintained a Buy rating on Axis Bank Limited on July 18 and set a price target of INR1,325.00. The company's shares closed last Friday at INR1,099.30. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Kariwala is an analyst with an average return of -1.0% and a 50.00% success rate. Kariwala covers the Financial sector, focusing on stocks such as IndusInd Bank Ltd., Kotak Mahindra Bank Limited, and RBL Bank Ltd.. Currently, the analyst consensus on Axis Bank Limited is a Strong Buy with an average price target of INR1,384.07, a 25.90% upside from current levels. In a report released today, Investec also maintained a Buy rating on the stock with a INR1,350.00 price target.
Business Insider
28-06-2025
- Business
- Business Insider
Citi Sticks to Their Sell Rating for IndusInd Bank Ltd. (INDUSINDBK)
Citi analyst Kunal Shah CFA maintained a Sell rating on IndusInd Bank Ltd. (INDUSINDBK – Research Report) yesterday and set a price target of INR765.00. The company's shares closed yesterday at INR857.70. Confident Investing Starts Here: Shah CFA covers the Financial sector, focusing on stocks such as Axis Bank Limited, AU Small Finance Bank Limited, and Bank of Baroda. According to TipRanks, Shah CFA has an average return of 7.6% and a 74.07% success rate on recommended stocks. In addition to Citi, IndusInd Bank Ltd. also received a Sell from Morgan Stanley's Sumeet Kariwala in a report issued on June 16. However, on June 18, Nomura upgraded IndusInd Bank Ltd. (NSE: INDUSINDBK) to a Buy.
