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Axis Bank shares in focus ahead of Q2 results
Axis Bank shares surge over 4% on strong Q2 earnings
Axis Bank shares have delivered mixed returns, declining 4.47% over the last month but rising 15.72% in the past six months. Year-to-date, the stock is up 7.50%, reflecting a positive trajectory in 2024.
India's Axis Bank posts Q2 profit beat on strong credit demand
India's Axis Bank reported a higher-than-expected second-quarter profit on Thursday, helped by an increase in core lending income. The country's fourth-largest private lender by market value said its standalone net profit,
Axis Bank shares jump 4% after Q2 results. Should you buy, sell or hold?
Axis Bank shares gained attention after reporting an 18% rise in Q2 standalone net profit to Rs 6,918 crore. NII grew 9% YoY to Rs 13,483 crore, with a Net Interest Margin of 3.99%. Analysts maintain positive ratings,
Axis Bank’s overall Q2 provisions jump to ₹2,204 cr on elevated retail slippages
Slippages for the September quarter were ₹4,443 crore, of which ₹4,073 crore were from the retail loan segment, ₹264 crore from commercial banking loans and another ₹106 crore from wholesale loans, the bank said.
India's Axis Bank posts Q2 profit beat; margins shrink
India's Axis Bank reported a bigger-than-expected rise in second-quarter profit on Thursday, helped by higher core lending income. The country's fourth-largest private lender by market capitalisation said its standalone net profit - which excludes its subsidiaries - rose 18% to 69.
Axis Bank Q2 results: Net profit rises 18%, net interest income up 9%
In terms of deposits, Axis Bank reported a 14% YOY increase, with term deposits soaring by 21% YOY. Current Account Savings Account (CASA) deposits saw a more modest growth of 4% YOY.
Axis Bank Q2 earnings: Net profit rises 18%, NII at Rs 13,483 cr
Profit climbed to Rs 6917.57 crore in the second quarter against Rs 5863.56 crore in the Q2 of previous fiscal.
India's Axis Bank posts Q2 profit rise
India's Axis Bank reported an 18% year-on-year rise in second-quarter profit on Thursday, helped by higher core lending income on the back of strong credit demand.
Axis Bank Q2 Profit Rises
Indian bank Axis Bank Limited Thursday reported second-quarter profit of 6,918 crore rupees or 88.20 rupees per share, compared to
Axis Bank Q2 Results: Strong NII and Profit Growth Exceed Expectations Amid Improved Asset Qualit
The bank reports robust net interest income (NII) of ₹13,004 crore, reflecting a 14.2% year-on-year growth. Profit before provisions and tax (PBT) also beats expectations, rising 24%. With improved asset quality and a slight increase in provisions,
Axis Bank posts 18% increase in Q2 profit driven by robust credit demand
Axis Bank announced a larger-than-expected increase in second-quarter profit, buoyed by strong core lending income and rising credit demand. The fourth-largest private lender in India, by market capitalization,
1h
Axis Bank shares rally 5% after Q2, but analysts cautious on outlook
Brokerages, however, have cut their earnings forecast by up to 5 per cent over FY25-27 to factor in Q2 results ...
1h
Axis Bank shares zoom up 4% despite consistent weak loan growth ; Here's what global brokerages suggest
As global brokerages remained bullish on the stock despite its weak Q2, the stock gained sharp momentum and rallied up to 4 ...
1h
on MSN
Axis Bank shares offer valuation comfort but should you buy? Here are target prices
While the prevailing Axis bank valuation looks comforting after a significant underperformance, the watchful stance on ...
ndtvprofit
1h
Axis Bank Q2 Results Review - Muted Business Growth; Credit Costs Normalising At Higher Levels: Dolat Capital
Slippage at 1.8% was slightly elevated and NPA provision costs at 80 bps for H1 FY25 look high, says the brokerage.
14h
on MSN
Axis Bank Q2 net up 19%; reports pain in unsecured loans bse nse
Axis Bank's consolidated net profit for the September quarter rose by 19.29 per cent to Rs 7,401.26 crore, but the lender ...
LIVE
The Financial Express
17h
Q2 Results 2024: Wipro, Infosys, Axis Bank, Nestle India, LTIMindtree, Ceat, among others releasing Q2 results today
Today, companies like Wipro, Infosys, Axis Bank, Nestle India, LTIMindtree, Havells India, Tata Communications, Central Bank ...
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