Axis Bank Review: Shares tumble 4.2% after Q1 net profit miss; Anil Singhvi warns of 5-10% further drop, brokerages cut targets

Axis Bank Review: Shares tumble 4.2% after Q1 net profit miss; Anil Singhvi warns of 5-10% further drop, brokerages cut targets

Shares of Axis Bank fell sharply in early trade on Friday after the private sector lender posted a muted set of numbers for the June quarter (Q1FY26), with a significant jump in provisions weighing on profitability. Several brokerages turned cautious, trimming price targets even as operating profit remained resilient. At 9:30 AM, the stock was…

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