Axis Bank shares gained as much as 3.2 per cent after posting a 22.2 per cent jump in July-September earnings. The bank's second-quarter earnings were four per cent ahead of estimates on a pick-up in fee income (up 17 per cent on quarter) and margin expansion (up 10 basis points on quarter), Credit Suisse said in a note, maintaining an ‘outperform’ on the stock.
