Shares of Axis Bank Ltd . can rise up to ₹1,525 per share, analysts tracking the stock have projected after its September quarter results, that were reported after market hours on Wednesday.

None among the 51 analysts that have coverage on Axis Bank have a "sell" rating on the stock. 41 of those have a "buy" rating, while the remaining say "hold."

A one-time provisioning worth ₹1,231 crore impacted Axis Bank's profitability during the quarter, but the rest of the parameters were better than expectations. The lender's core income grew, asset quality improve, while slippages also narrowed on a sequential basis.

Here's a look at what some of the analysts had to say post its results:

HSBC

The brokerage maintained its "buy" rating on the lender and increased its price target to ₹1,460 fr

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