Axis vs ICICI Bank: Which stock is worth your penny?

Discussion in 'Messages From Stock Advisory Services' started by Niveza India Pvt Ltd., Jun 8, 2016.

  1. Niveza India Pvt Ltd.

    Niveza India Pvt Ltd. Member

    Mar 14, 2016
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    Niveza Review :: In the banking sector, this could start a real debate while picking one out of Axis and ICICI. Both the banks are delivering handsome returns over the years. Last year was a correction phase for entire banking sector. Banking stocks have corrected more than 40 per cent on an average. As far as valuation is concerned, ICICI is marginally undervalued at current levels as compared to Axis Bank. Some correction could be expected for short term but there could be a good buy after some correction with long term vision.