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LIC, Axis Bank: Kotak Securities explains why they prefer these 2 stocks

Axis Bank secured new business.

22 Sept 2026 · Business Standard Mkts

Shrikant Chouhan, Head of Equity Research of Kotak Securities explains why the analyst is bullish on LIC and Axis Bank.

Against that, the stock is -0.8% on the day at ₹1,238.30, and has returned -7.0% over three months. It sits 12% below its 52-week high. The banks sector has moved -4.0% over the same period, so Axis Bank is running 3.0 points behind its peers.

For Axis Bank, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.

  • The company directly in focus is AXISBANK.
  • Sector exposure: Banks.