Monday 5 May 2014

Axis Bank trades in the green on the BSE

Axis Bank is currently trading at Rs. 1559.70, up by 29.25 points or 1.91% from its previous closing of Rs. 1530.45 on the BSE.
The scrip opened at Rs. 1532.10 and has touched a high and low of Rs. 1561.90 and Rs. 1521.20 respectively. So far 84959 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1555.00 on 28-Apr-2014 and a 52 week low of Rs. 764.00 on 04-Sep-2013.
Last one week high and low of the scrip stood at Rs. 1555.00 and Rs. 1500.60 respectively. The current market cap of the company is Rs. 72997.55 crore.
The promoters holding in the company stood at 29.54% while Institutions and Non-Institutions held 58.81% and 8.39% respectively.
The bank has reported a rise of 18.47% in its net profit after tax at Rs 1842.32 crore for the quarter ended March 31, 2014 as compared to Rs 1555.15 crore for the same quarter in the previous year. Total income of the bank has increased by 12.41% at Rs 10178.63 crore for quarter under review as compared to Rs 9054.72 crore for the quarter ended March 31, 2013.
For the full year ended March 31, 2014, the bank has reported a rise of 20.05% in its net profit after tax at Rs 6217.67 crore as compared to Rs 5179.43 crore for FY13. Total income has increased by 12.78% at Rs 38046.38 crore for year under review as compared to Rs 33733.68 crore for the year ended March 31, 2013.
For the year ended March 31, 2014, on the consolidated basis, the group has posted a rise of 20.54% in its net profit after tax, minority interest and share of profit / (loss) of associate at Rs 6310.12 crore as compared to Rs 5234.76 crore in FY13. Total income of the bank has increased by 13.13% at Rs 38502.21 crore for year under review as compared to Rs 34034.78 crore for the year ended March 31, 2013.

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