Fri, Oct 18, 2024
As global brokerages remained bullish on the stock despite its weak Q2, the stock gained sharp momentum and rallied up to 4 per cent in intraday trade.
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Wed, Oct 16, 2024
The country's leading private sector lender Axis Bank is set to release its quarterly results tomorrow. Zee Business research inputs suggest profit after tax (PAT) at the lender to grow by 8.5 per cent in the September quarter to Rs 6,366 crore.
Wed, Oct 27, 2021
We have collated a list of recommendations covered on Zee Business TV from top global brokerage firms on stocks like Cipla, Ambuja Cement, IRB Infrastructure & Axis Bank that came out with results on Tuesday.
Tue, Oct 26, 2021
Stocks that were in focus included ICICI Bank that rose over 10 per cent, Axis Bank closed with gains of over 3 per cent, and KEC International rallied nearly 7 per cent. All stocks hit a fresh 52-week high on Monday.
Wed, Jul 31, 2019
Axis Bank reported a jump of 95.4% in net profit at Rs 1,370 crore from Rs 701.1 crore in the same quarter of last year.
Thu, Jun 27, 2019
A buy rating has been given on Axis Bank by a number of experts. If shares are bought at the current level, the bank has potential for rising between 15% to 18%.
Tue, May 21, 2019
Investors can continue to buy this stock at lower levels - ICICI Securities has said Axis Bank is a 'gladiator' stock.
Sat, Apr 27, 2019
Among major key highlights of Axis Bank result was that, loan and deposit book grew consistently, while improvement was witnessed in asset quality which led to bag a profit compared to losses recorded a year ago same period.
Thu, Apr 25, 2019
Investors were trading on a cautious note in this bank on Dalal Street. It will announce their March 2019 quarter (Q4FY19) result anytime today.
Wed, Jan 30, 2019
Axis Bank enjoys the taste of good earnings in its share price, as they even earmarked over Rs 700-price club on Sensex. But the real question is, how far is Axis Bank’s stock price ready to stretch. Is this the beginning of new uptrend or a windfall before a storm?
Tue, Jan 29, 2019
Every financial indicator in Axis Bank showed a stable performance.
The bank bagged a net profit of Rs 1,680.85 crore in Q3FY19, which was higher by a whopping 131.38% compared to Rs 726.44 crore in corresponding period of previous year.
Fri, Nov 02, 2018
A Bloomberg poll of analysts had predicted Axis Bank's net profit at Rs 759 crore in Q2FY19.
The Bank’s Net Interest Income (NII) grew 15% to Rs 5,232 crores during Q2FY19 as against Rs 4,540 crores a year ago same period.
Mon, Oct 29, 2018
The reason behind the rise of Axis Bank stock was due to execution stake in commodity services provider NSDL.
Mon, Sep 10, 2018
Amitabh Chaudhry is the new CEO & MD of Axis Bank and the reaction from investors has been immediate - the share price of Axis Bank jumped by as much as 5% with an intraday high of Rs 676.90 per piece on BSE.
Mon, Jan 22, 2018
A Bloomberg poll of analysts estimated Axis Bank’s net profit to come in at Rs 830 crore during the quarter.
Wed, Oct 18, 2017
Axis Bank in Q2FY18 result disappointed analysts by reporting net profit of Rs 432 crore. A Bloomberg poll of analysts projected PAT (profit after tax) of Axis Bank to be at Rs 1,320 crore this Q2.
Tue, Aug 08, 2017
Few days after when SBI revised down its interest rates on savings account, private lender Axis Bank too followed the suit by making 50 basis points revision.
Thu, Jul 27, 2017
The acquisition of Freecharge and Accelyst is expected to complete within two months, Axis Bank said.
Wed, Apr 26, 2017
For the full financial year, the bank registered a net profit of Rs 3679 crore, a decline of 55% on y-o-y basis.
In the last quarter the bank's Gross Non Performing Assets (GNPAs) climbed to Rs 20,467 crore as against Rs 16,379 crore at the end of September 30, 2016.
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