Axisbank yesterday has traded around its highest level and was able to close comfortably there. But an all-time high is still 1% away, so what should be our approach? Shall we buy or sell this stock? Axis bank analysis will clear this all. Let us find the answer with technical analysis and by watching derivatives data. Technical analysis on Axisbank: Axis bank has tested its previous high ... [Continue Reading]
Axis Bank Q3 Net Profit Jumps 35.82% to Rs.891 crore.
A leading private sector bank Axis Bank Ltd. has announced its third quarter (ended December 2010) results today. The company has reported net profit of Rs 891 crore in Q3FY11 as against Rs 656 crore in previous quarter, which recorded growth of 35.82%. While net interest income (NII) grew by 28.47% to Rs.1,733 crore from Rs.1,349 crore on, year on year basis (YoY). Other income also raised to ... [Continue Reading]
