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Axis Bank Q2 Results Review - One-Offs Aid Earnings; Provisioning Buffer Fortified: Motilal Oswal

While the current valuation looks comforting after a significant underperformance, the watchful stance on several key metrics will limit near-term stock performance, believes the brokerage.

<div class="paragraphs"><p>Axis Bank board and ATM machine (Photographer: Vijay Sartape/&nbsp;Source: NDTV Profit)&nbsp;&nbsp;</p></div>
Axis Bank board and ATM machine (Photographer: Vijay Sartape/ Source: NDTV Profit)  
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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