AXIS bank - Multibagger Buy Trgt 2500 Rs in 2yrs

• Axis Bank is the third largest Private Sector Bank.
• It has 1947 branches and 11245 ATMs spread across the country.
• The bank has strong business and diversified revenue.
• It also has improved int Net intrest margin,core income and strong risk management to contain NPA
• It has delivered ROE and ROA of ~19% and 17% respectively in FY13.
• Continue to build and strengthen Retail Banking franchise.

One can Buy Axis bank with a Trgt of 2500 Rs in 2 year time frame