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Axis Bank Q4: Growth accelerates but sustainability is key, say analysts

Axis Bank on Tuesday reported gross non-performing assets (GNPAs) and net NPAs (NNPAs) of 3.7 per cent and 1.05 per cent in Q4FY21, down from 4.55 per cent and 1.19 per cent (pro forma) in Q3FY21

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Axis Bank | Buzzing stocks | Markets

Nikita Vashisht  |  New Delhi 



Axis Bank

Q4 Analysis: shares were trading in a narrow range on Wednesday, a day after the lender posted a solid earnings report card for the March quarter. At the bourses, the scrip traded between Rs 688-Rs 713 (-1.5 per cent to 2 per cent) on the BSE relative to Tuesday's close of Rs 699 apiece. The stock eventually ended 1.2 per cent higher at Rs 708 apiece as against a 1.6 per cent gain in the benchmark S&P BSE Sensex.

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First Published: Wed, April 28 2021. 13:31 IST

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