Axis Bank Shares Jump After Q3 Results
Axis Bank shares opened the day with a bang on Tuesday, rallying as much as 3.88% to ₹1,309 on the BSE, shrugging off broader market weakness. Investors responded positively to the bank’s Q3 results, which showed net profit growth of 3% year-over-year to ₹6,489.6 crore and net interest income growth of 5% to ₹14,286.4 crore. The asset quality demonstrated improvement through a decrease in gross NPAs to 1.40% and a reduction in net NPAs to 0.42%. At 9:35 AM, Axis Bank was trading 3.64% higher at ₹1,305.95. The early gains highlight growing optimism around the bank’s stable growth, strong deposits, and improving margins.
Axis Bank Shares After Q3 FY26 Performance Highlights
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Net Profit: ₹6,489.6 crore, up 3% YoY
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Net Interest Income (NII): ₹14,286.4 crore, up 5% YoY
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Gross NPA: 1.40% (down from 1.46% QoQ)
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Net NPA: 0.42% (down from 0.44% QoQ)
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Outlook: Margins expected under pressure due to recent rate cuts; FY27 guidance: NIM – 3.8%
Axis Bank Share Price: Historical Gains and Multibagger Performance
| Time Period | Gain (%) | Notes |
|---|---|---|
| 1 Month | 7% | Short-term momentum |
| 6 Months | 20% | Medium-term growth |
| 1 Year | 38% | Strong annual performance |
| 5 Years | 107% | Multibagger returns |
Analyst Views: Axis Bank
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Motilal Oswal Financial Services (MOFSL): Neutral, target ₹1,400; margins to bottom out by Q4FY26–Q1FY27; credit costs declining; healthy deposit growth.
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Emkay Global: Buy, target ₹1,475 (up from ₹1,400); stock trading at cheap valuations (1.4x Dec-27E ABV).
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Nuvama Institutional Equities: Buy, target ₹1,500 (up from ₹1,180); strong deposit and loan growth; stable asset quality.
(With Inputs)
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