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India's Axis Bank tumbles on profit miss, asset quality woes
By Ashna Teresa Britto and Siddhi Nayak (Reuters) -Shares of Axis Bank fell to a 14-month low on Friday, a day after the lender missed profit estimates on slower loan growth, higher bad loan provisions,
Axis Bank shares tumble 6% on weak Q3 results
Among the Sensex shares, it was the second worst performer and the biggest loser in the BSE Bankex, which dropped 1,026 points or 1.8%.
Higher provisions, slower loan growth hurt Axis Bank’s Q3 profit
Gross slippages for the December quarter rose 22% sequentially and 46% annually to ₹5,432 crore, the bank said in statement detailing its quarterly results. Slippages to the tune of ₹4,923 crore were from the retail book,
India's Axis Bank slips as Q3 profit misses market view
Shares of India's Axis Bank fell 3.7% on Friday, a day after the lender posted a smaller-than-expected quarterly profit increase, weighed down by slower loan growth and higher provisions set aside for potential bad loans.
Axis Bank logs disappointing 3.83% growth in net profit in third quarter
MUMBAI: The third largest private sector lender Axis Bank has reported a disappointing 3.83% on-year growth in net profit at Rs 6,304 crore in the December quarter following moderate loan growth and a spike in loan loss provisions due to rising delinquencies.
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What do Axis Bank’s results signal?
Key takeaways from Axis Bank's Q3 results include slower deposit and loan growth, rising NPAs, and potential industry ...
1d
Axis Bank underperforms Friday when compared to competitors
Axis Bank Ltd. 532215 shares slipped 4.71% to 991.25 Indian rupees Friday, on what proved to be an all-around dismal trading ...
1d
on MSN
Infosys, Axis Bank drag down Indian benchmarks, outweighing Reliance's gains
India's benchmark indexes fell on Friday, dragged down by a drop in IT company Infosys and private lender Axis Bank after ...
1d
on MSN
Axis Bank Q3 Results Review: Earnings miss estimates; brokerages slash targets
Axis Bank Q3FY25 results miss estimates as net profit rises three-point eight three percent YoY. Slower credit, deposit ...
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Axis Bank outperforms market on strong trading day
Shares of Axis Bank Ltd. 532215 rallied 1.25% to 1,040.20 Indian rupees Thursday, on what proved to be an all-around great ...
2d
Indian lender Axis Bank's Q3 profit rises on higher lending income
India's Axis Bank reported a 4% year-on-year rise in third-quarter profit on Thursday, helped by higher core lending income.
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Axis Bank Q3: Brokerages cut target prices, expect credit, deposit growth to slow
Brokerages rushed to cut their target price on Axis Bank shares following its Q3 results, amid higher slippages and tight ...
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Axis Bank Share Price Highlights: Axis Bank Stock Price History
Welcome to the Axis Bank Stock Liveblog, your real-time source for the latest updates and comprehensive analysis on a ...
1d
on MSN
Sensex, Nifty: Why stock market is falling today; ask Axis Bank, Infosys
The Infosys stock plunged 5.71 per cent to hit a low of Rs 1816.10 on BSE. The stock is up 10 per cent in the past one year.
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