#PersistentSystems Ltd & #AxisBank Ltd are covered in today's Stocks to Buy Now podcast.
Persistent Systems Ltd:
The analyst maintains Buy on Persistent. The company is on a robust trajectory toward its $2 billion revenue goal by FY27, leveraging a $1.5 billion run rate and proven growth resilience. BFSI and Technology verticals are expected to lead growth in FY26.
Axis Bank Ltd:
The Analyst maintains a buy rating on Axis Bank. Q4 & FY25 earnings were subdued however bank is eyeing better outcomes in FY26E led by better system liquidity. Additionally, the normalization cycle for unsecured retail asset quality is currently in progress. We believe that intermittent headwinds in terms of muted business growth and volatility in asset quality are likely to recede over the next few quarters.
Source - Mirae Asset Sharekhan Research Team
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Posted On: 28 Apr 2025 9:41 AM
