Kotak Mahindra Bank loses fourth position to Axis Bank on Dalal Street. Shares drop 10% post RBI ban. Analysts foresee derating if issues persist, impacting profitability and growth trajectory.
Axis Bank share price today: The revised target price of Rs 1,100 is 37 per cent higher to the Thursday's closing of Rs 802.25. The previous target price for the banking stock was Rs 1,050.