Foreign institutional investors (FIIs) have increased shareholding in Axis Bank to 48.74% at the end of March 2014 quarter from 43.18% in December 31, 2013. Moreover, domestic institutional investors (DIIs) have also increased shareholding in the company to 9.99% at the end of March 2014 quarter from 9.75% as on December 31, 2013. Meanwhile, promoter and promoter group shareholding went down to 29.54% at the end of March 2014 quarter from 33.88% as on December 31, 2013.
Axis Bank has reported 19.06% rise in its net profit at Rs 1604.11 crore for third quarter ended December 31, 2013 as compared to Rs 1347.22 crore for the same quarter in the previous year. Total income of the bank has increased by 9.94% at Rs 9433.55 crore for quarter under review as compared to Rs 8580.30 crore for the quarter ended December 31, 2012.
Company Name | CMP |
---|---|
HDFC Bank | 1514.80 |
ICICI Bank | 1120.25 |
Axis Bank | 1125.35 |
Indusind Bank | 1496.00 |
Kotak Mahindra Bank | 1633.00 |
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