Axis Bank Shares

Axis Bank spent nearly two years on so-called 'hyperpersonalization' for its app, which includes nudges for customers when their salaries get deposited or when bills come due, its digital head said

Axis Bank share price: Brokerages have cut their earnings forecast by up to 5 per cent over FY25-27 to factor in Q2 results

Axis bank share price: While Axis bank Q1 results were sub-par, Street remains "cautiously optimistic" on stock outlook

Axis Bank Q4FY24 results preview: Analysts expect Axis Bank's loan book to rise 15 per cent year-on-year

Multiple customers having Axis Bank credit cards have been impacted by fraudulent overseas transactions, a senior official from the third largest private sector lender said on Thursday. Sanjeev Moghe, head of cards and payments at the city-based lender, said starting Tuesday evening, customers witnessed unauthorised transactions where they received transaction alerts on certain low-value purchases being carried out at some e-commerce sites. There has been "no data breach" at the bank's end, Moghe said, asserting that the scale of such transactions is very limited and customers' data is safe and secure. Amid growing social media chatter about such unauthorised transactions going through, Moghe said the bank's internal mechanisms stopped some transactions but added that many customers have been impacted. The bank witnessed spends of about Rs 500 crore per day by its credit card customers, Moghe said, adding that when compared with it, the extent of such transactions has been "very ..

Loan growth was healthy at 16 per cent YoY and 7 per cent quarter-on-quarter or QoQ (ex-Citi)

Global brokerage Jefferies has initiated coverage on Axis Bank stock with a target price of Rs 1,150

Axis Bank Q3 result review: Axis Bank's is moving in the right direction with improvement in net interest margins, sustaining loan growth momentum, and expansion in return profile, analysts said

Suuti's exit removes overhang on stock, say experts

Shares of Axis Bank rallied over 9 per cent on Friday after the firm reported a 66.29 per cent jump in consolidated net profit for the September quarter. The stock jumped 8.96 per cent to settle at Rs 900.25 apiece on the BSE. During the day, it advanced 9.53 to its 52-week high of Rs 905. On the NSE, it rallied 9.46 per cent to end at Rs 904 apiece. Its market capitalisation (mcap) also jumped Rs 22,757.86 crore to Rs 2,76,592.86 crore. The stock emerged as the biggest gainer on both Sensex and Nifty. In volume terms, 19.64 lakh shares of the firm were traded on the BSE and 5.80 crore shares on the NSE during the day. The 30-share BSE benchmark climbed 104.25 points or 0.18 per cent to settle at 59,307.15. On Thursday, Axis Bank reported a 66.29 per cent jump in consolidated net profit for September quarter at Rs 5,625.25 crore, driven by a substantial decrease in bad loan provisions and margin expansion. On a standalone basis, the third largest private sector lender reported

According to analysts, Axis' earnings beat was led by NIM expansion, and credit cost being restricted at less than 20 bps

Shares of Axis Bank tumbled over 5 per cent in early trade on Friday a day after the company reported a 49.77 per cent jump in its consolidated net profit for the March quarter.

The lender may see single-digit loan growth, deterioration in asset quality, and slippages at 4.5 per cent of loan book

Limited Covid-19 provisioning in the quarter may shore up profit of Axis Bank, analysts at Edelweiss Securities said in their result preview report

Axis Bank Ltd. will increase staff salaries between 4% and 12% from Oct. 1 based on performance, according to people with knowledge of the plans

UBS Principal Capital Asia Ltd on Monday offloaded shares of Axis Bank worth over Rs 150 crore through open market transactions.

Nifty outlook and top trading ideas by Vinay Rajani - Senior Technical & Derivatives analyst, HDFC Securities.

The bank recently hosted an analyst day where the management reiterated its objective of delivering an 18 per cent return on equity (RoE).

Brokerages cut price target and earnings forecast

The company's market valuation also dropped by Rs 11,709.33 crore to Rs 1,11,338.67 crore