US EditionAxis Bank Share Price Cracks 7% as Weak Q1 Results Disappoint. Opportunity for Bottom Fishing?
KONKAN DIVISION, MAHARASHTRA, JUL 17 – Axis Bank's Q1 net profit fell 4% YoY to Rs 5,806 crore due to elevated credit costs and tightened non-performing asset recognition policies, analysts cite a 3.2% gross slippage rate.
- Axis Bank shares fell over 7 percent after reporting a 3 percent dip in June quarter consolidated net profit, which was impacted by changes in non-performing assets policies.
- Analysts expressed concerns about higher credit costs and margin pressures, leading to stock rating downgrades by Nuvama and the lowering of its target price for the stock to ₹1,180.
- The gross non-performing assets ratio increased to 1.57 percent, raising concerns over asset quality amidst ongoing pressure on profit margins.
- Despite the disappointing Q1 results, Bernstein maintained an 'outperform' rating with a target price of ₹1,300, noting the decline in earnings per share and loan growth.
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Axis Bank Share Price: Stock slips 7% post weak Q1 results - Do you own?
Shares of Axis Bank slipped over 7 per cent on Friday, July 18, 2025, after reporting a 3 per cent dip in its June quarter consolidated net profit. The counter opened gap down at Rs 1,074 against the previous close of Rs 1,159.85 on the BSE. It dipped further to touch the intraday low of Rs 1,073.95. At the NSE, it tumbled 6.36 per cent to Rs 1,086 apiece. The stock emerged as the biggest laggard among the Sensex and Nifty firms during morning …
Axis Bank Shares Tumble as Provisions Climb, Profit Disappoints
Axis Bank Ltd.’s shares fell the most in a year on Friday after the Indian lender reported first-quarter net income that was sharply below analysts’ expectations, driven by a surge in provisions for bad loans.
Axis Bank share price cracks 7% as weak Q1 results disappoint. Opportunity for bottom fishing?
Axis Bank share price has fallen over 8% in one month and the stock has risen 12% in the past six months. Over the past one year, Axis Bank shares have declined 15%, while the stock has gained 63% in three years. Axis Bank share price has jumped by a staggering 157% in the past five years.
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