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Axis Bank's profit may beat estimates - StarMine

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Reuters
Last Updated : Jan 16 2014 | 11:35 AM IST

Reuters Market Eye - Axis Bank Ltd may beat consensus profit forecast for the October-December quarter when it reports results later in the day, Thomson Reuters StarMine's SmartEstimates shows.

StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects Axis Bank to report a profit of 15.29 billion rupees for the quarter, compared with a consensus mean estimate of 14.92 billion rupees.

At 0855 GMT, Axis Bank shares up 1.2 percent.

(Reporting Abhishek Vishnoi)

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First Published: Jan 16 2014 | 11:23 AM IST

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