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Home » Axis Bank Q3 Result Highlights along with technical view on stock.

Axis Bank Q3 Result Highlights along with technical view on stock.

Axis Bank

Axis Bank Q3 Result Highlights

 

Axis Bank Q3 net profit 11.17 billion rupees VS 17.57 billion (YoY), estimated 23.5 billion.

Interest earned 154.98 billion rupees VS 157.08 billion (YoY).

Provisions 46.04 billion rupees VS 34.71 billion (YoY).

Net NPA 0.74% VS 0.98% (QoQ)

Gross NPA 3.44% VS 4.18% (QoQ)

NIM 3.59% VS 3.57%(YoY)

Q3 PCR 79% VS 60% (YoY)

 

Impact on Axis Bank 

Negative

 

Technical View on Axis Bank

Immediate support is around 630 levels. Above 700 stock price is likely to move for the 730-750 levels. Below 630 levels price may correct for 580 levels.

 

 

 

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We are a SEBI registered investment advisor. The above free information is for education/knowledge purposes. Read disclaimer on our website before investing.

 

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