Axis Bank shares are to remain in focus in today’s session after a subdued Q2 performance. The margins for the key private sector bank have come in significantly lower compared to Q1FY26 and Q2 last fiscal. According to key brokerage house Nuvama, the miss was driven by RBI inspection-driven standard and one-time provision of Rs 120 crore on crop loans.

Nuvama on Axis Bank: Retains Hold rating

Nuvama Wealth Management has retained its ‘Hold’ call on Axis Bank and maintained its target price at Rs 1,180. The brokerage stated that the lender posted mixed Q2 FY26 results with a beat on loan growth and NIM. Loan growth of 5% QoQ was better than expected, but driven mostly by corporate, while retail lagged. While both core and technical slippage fell on a high base of Q1, credit cost stayed h

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