Axis Bank Ltd.

BSE: 532215 | NSE: AXISBANK
Large Cap | Bank - Private
1307.55
13.00 (1.00%)
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AXIS Bank surges on reporting 18% rise in Q3 net profit

Date: 19-01-2015

Axis Bank is currently trading at Rs. 526.10, up by 11.20 points or 2.18% from its previous closing of Rs. 514.90 on the BSE.

The scrip opened at Rs. 519.95 and has touched a high and low of Rs. 528.35 and Rs. 516.95 respectively. So far 288111 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 525.00 on 15-Jan-2015 and a 52 week low of Rs. 216.68 on 14-Feb-2014.

Last one week high and low of the scrip stooda at Rs. 525.00 and Rs. 492.00 respectively. The current market cap of the company is Rs. 124335.57 crore.

The promoters holding in the company stood at 28.24% while Institutions and Non-Institutions held 59.95% and 8.10% respectively.

AXIS Bank has reported results for third quarter ended December 31, 2014.

The bank has registered a rise of 18.43% in its net profit after tax at Rs 1899.76 crore for the quarter under review as compared to Rs 1604.11 crore for the same quarter in the previous year. Total income of the bank has increased 15.85% at Rs 10928.81 crore for Q3FY15 as compared Rs 9433.55 crore for the corresponding quarter previous year.

Gross non-performing assets (NPAs) increased to 1.34% in the October- December quarter as against 1.25% in the same quarter previous year, while net NPAs stood to 0.44%.