Axis Direct Broker Research reports

Asian markets are trading mixed, mirroring Wall Street's performance after U.S. consumer confidence data came in weaker than expected. The Nikkei is marginally higher by 0.04%, while the Hang Seng and Shanghai Composite are down 0.26% and 0.29%, respectively.

Asian markets are trading lower, tracking Wall Street's decline as renewed tariff concerns under the Trump administration fuel a risk-off sentiment. Investors are also assessing the Bank of Korea's rate decision. The Nikkei, Hang Seng, and Shanghai Composite are down 0.95%, 1.86%, and 0.53%.

We maintain our BUY rating on the stock.

We attended the Analyst Meet hosted by Federal Bank to chalk out the strategy and growth roadmap for the bank under the new management, spearheaded by Mr KVS Manian, along with insights from other senior management team members of the bank.

Asian markets are trading mixed, reflecting Wall Street's subdued session following lacklustre U.S. economic data that signalled a slowing economy and persistent inflation. Hang Seng is trading higher by 0.46%, while Shanghai Composite is marginally lower by 0.04%. Japanese markets remain closed.

We recommend a BUY rating on the stock with a target price of Rs 360/share, implying an upside of 10% from the CMP

Asian Markets are trading mixed as investors assess Japan's inflation data, while the threat of U.S. President Donald Trump's tariffs dents investor sentiment. The Nikkei is trading lower by 0.05%, the Shanghai Composite is trading lower by 0.62%, and the Hang Seng is trading higher by 2.38%.

We recommend a BUY rating on the stock with a TP of Rs 213/share, implying an upside of 10% from the CMP.

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