Axis Bank Q1 Analysis: Why Shares Fall 3.5% Despite 91% Revenue Growth
Shares of Axis Bank fell 3.5 percent to Rs 702 in intraday trade on the BSE on Tuesday as investors rallied after a weak June ( Q1 FY23).
Shares of Axis Bank fell 3.5 percent to Rs 702 in intraday trade on the BSE on Tuesday as investors rallied after a weak June ( Q1 FY23).
Indian currencies have been the market’s worst performers so far this year, falling more than 35 percent compared to the benchmark’s 18 percent decline.
New Delhi: Axis Bank NSE 0.96% on Monday reported a net income of Rs 4,125.26 crore in the June quarter, up 91% from Rs 2,160.15 crore in the same period last year.