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Stock Of The Day: Axis Bank Can't Catch A Break In Gloomy 2025
Rise in provisions and slightly higher bad loans caused Axis Bank to report muted results for the quarter ended in December.
27 Jan 2025, 11:47 AM IST 
Axis Bank reported a 3.8% rise in net profit at Rs 6,304 crore as lower operational expenditure offset higher provisions. (Photo source: NDTV Profit)
Shares of Axis Bank Ltd. extended their losses in 2025 to over 12% on Monday even as analysts maintained their outlook post the muted third quarter performance. The stock began the year on a negative note after ending the previous year with a decline of 3.4%. From 2021 to 2023, shares of the private lender had zoomed nearly 76% compared to 55% gains in Nifty 50. The stock has ended positive only in seven sessions so far this year, wh...
