Axis Bank's shares dropped 5% to a 52-week low following disappointing Q3FY25 results. Despite a 3.83% YoY rise in net profit, slippages surged 46% YoY. Brokerages revised target prices lower, citing concerns over asset quality and credit growth.
Axis Bank's shares dropped 5% to a 52-week low following disappointing Q3FY25 results. Despite a 3.83% YoY rise in net profit, slippages surged 46% YoY. Brokerages revised target prices lower, citing concerns over asset quality and credit growth.