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Tuesday, 17 October 2017

*SELL: Axis Bank*

Q2 nos today:DISASTER

Slippages over 7500 cr

(RComm Slipped with 3 other accounts. 30% slippage from Watchlist) and PAT at 480cr (Exp 1250 crore Bloomberg)

_GNPA 5.8% vs 5.08% QoQ_. Overall Quite Weak. Stock should be below 490

STBT as result should be after mkt

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