Thursday 30 April 2015

Axis Bank jumps on Q4 result

The bank has reported 18.4 percent jump in Q4FY15 net profit at Rs. 2,180 crore when compared with Rs. 1,842 crore in the corresponding quarter a year ago 

Axis Bank
Axis Bank is trading on a buoyant note after announcing its Q4 results yesterday.

The bank has reported 18.4 percent jump in Q4FY15 net profit at Rs. 2,180 crore when compared with Rs. 1,842 crore in the corresponding quarter a year ago.

 Total income is up 21.7 percent at Rs. 12,384 crore from Rs. 10,178 crore.

The stock is currently trading at the day's high at Rs. 570 - up 3.1 percent from the previous close. 

The counter has seen trades of around 228,000 shares as against the two-week daily average volume of around 1.01 million shares on the BSE.

Meanwhile, the Sensex has tumbled 162 points at 27,063.

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