Axis Bank, private sector bank in India,
gained on Thursday after it registered a growth of 21.28% in its
quarterly net profit, broadly in-line with expectations.
The bank earned a profit of Rs 13.62 billion for the quarter
ended Sept. 30, 2013 as compared with Rs 11.23 billion in the same
period last year.
The bank's quarterly income totaled Rs 93.75 billion, an
increase of 13.22% over Rs 82.80 billion in the same period a year
ago. Shares ofthe bankare trading at Rs
1,093.15, up Rs 11.8, or 1.09% at the Bombay Stock Exchange (BSE)
on Thursday at 1:50 p.m.The scrip has touched an intra-day high of
Rs 1,108 and low of Rs 1,067. The total volume of shares traded at
the BSE is 406,252.In the earlier session, the shares lost 2.68%,
or Rs 29.8, at Rs 1,081.35. Currently, the stock is trading down
29.43% from its 52-week high of Rs 1,549 and above 43.08% over the
52-week low of Rs 764.
Share Price Movement Period Pricein Rs
Gain/(Loss) in Rs in % 1 Week 1,298.40 (39.00) (3.00) 1 Month
1,455.50 (196.10) (13.47) 3 Months 1,299.80 (40.40) (3.11) 6 Months
1,340.50 (81.10) (6.05) 1 Year 1,014.35 245.05 24.16 Note: Based on
previous day closing price.