Axis Bank shares fell 3% despite analysts maintaining a positive outlook, with 94% recommending ‘Buy’. The bank’s loan growth was strong, but provisions for the West Asia conflict rose significantly, impacting performance. Management’s cautious approach to strengthening provisions, while improving asset quality, led to higher credit costs.
Tata Motors, Ashok Leyland shares rocket up to 12%. Here are 2 reasons fuelling the sharp surge
Ashok Leyland and Tata Motors shares rallied, tracking a sharp fall in crude oil prices and a broader market recovery amid hopes of a negotiated