Eight years after its launch, India’s most rewarding travel credit card, the Axis Vistara Infinite Credit Card, may have lost its mojo. In a message, Axis Bank has notified their cardmembers of changes to the policy for the Axis Bank Vistara co-branded Infinite Credit Card. The Gold Status will only be awarded for the first year of holding the card. From the second year onwards, Club Vistara will require cardmembers to make revenue for Vistara to be granted the Gold status. From the second year onwards, cardmembers must maintain a requirement of 15,000 Club Vistara points and four Vistara Revenue flights to retain their Gold status. Click here to follow our WhatsApp channel What…
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Category: Axis bank
Axis swings to Q4 loss on reserving charge – Insurance Day
Axis swings to Q4 loss on reserving charge Insurance Day
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Source: https://www.insuranceday.com/ID1147897/Axis-swings-to-Q4-loss-on-reserving-charge
Buy Axis Bank; target of Rs 1275: KR Choksey
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KR Choksey’s research report on Axis Bank
AXSB’s Net Interest Income (NII) grew 9.4% YoY/ 1.8% QoQ to INR 125,318 Mn in Q3FY24. NII was 1.5% lower than our estimates. Net interest margin (NIM) for Q3FY24 stood at 4.0%, a decline of 25 bps YoY/ 10 bps QoQ. For 9MFY24, the NII growth stood at 18.0% YoY to INR 368,055 Mn. The Bank’s PPOP (Pre-Provisioning Operating Profit) for the quarter was INR 91,409 Mn, a growth of 5.9% QoQ, whereas it declined by 1.5% YoY on account of higher operating expenses. The PPOP…
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Nippon Life India Asset Management stocks: Buy Nippon Life India Asset Management, target price Rs 585: Axis Securities
Axis Securities has buy call on Nippon Life India Asset Management with a target price of Rs 585. The current market price of Nippon Life India Asset Management Ltd. is Rs 525.1. Nippon Life India Asset Management Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 33112.65 Crore) operating in Financial Services sector. Nippon Life India Asset Management Ltd. key Products/Revenue Segments include Investment Management & Advisory Fees and Income From Portfolio Management Services for the year ending 31-Mar-2023. Financials For the quarter ended 31-12-2023, the company reported a Consolidated Total Income of Rs 530.39 Crore, up 11.58 % from last…
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Axis Bank Stocks Live Updates: Axis Bank Trades at Rs 1067.75 with 1.3% Change Today and 5.377 Units Average Daily Volatility
12:45:42 PM IST, 01 February 2024Axis Bank Stocks Live Updates: Axis Bank Sees 1.3% Increase in Stock Price, Trading at Rs 1067.75Axis Bank is currently trading at a price of Rs 1067.75, reflecting a 1.3% increase from the previous day. The Simple Moving Average (SMA3) stands at Rs 1061.03.12:16:41 PM IST, 01 February 2024Axis Bank Stocks Live Updates: Axis Bank Reports Strong 5-Year Returns of 48.28% with Current Price at Rs 1067.75Axis Bank is currently trading at a price of Rs 1067.75, with a 1.3% increase today. Over the past five years, the bank has delivered a remarkable return of 48.28%.12:03:13 PM IST, 01 February 2024Axis Bank Stocks Live Updates: Axis Bank News11:45:20 AM…
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Axis Bank, IndiGo among 4 stocks with long buildup – What is long buildup?
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Announcements Updates: Announcement under Regulation 30 (LODR)-Earnings Call Transcript
06:55:55 PM IST, 30 January 2024Announcements Updates: Schedule Of Analyst Meet06:49:05 PM IST, 30 January 2024Announcements Updates: Announcement under Regulation 30 (LODR)-Earnings Call TranscriptTranscript of Earnings Call held on January 23, 2024 on unaudited financial results for the quarter and nine months ended December 31, 2023View Announcement06:01:04 PM IST, 30 January 2024Axis Bank Share Price Today Updates: Axis Bank Stock Price History04:06:37 PM IST, 30 January 2024Axis Bank Share Price Today Updates: Axis Bank Bonus Updates03:32:05 PM IST, 30 January 2024Axis Bank Share Price Today Updates: Axis Bank Closes at Rs 1053.5, Registers 0.74% DeclineAxis Bank recorded a…
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Axis Bank rises Wednesday, outperforms market
Published: Jan. 31, 2024 at 5:32 a.m. ET
Shares of Axis Bank Ltd. 532215 advanced 1.29% to 1,067.45 Indian rupees Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P BSE Sensex Index 1 rising 0.86% to 71,752.11. Axis Bank Ltd. closed 84.05 rupees below its 52-week high (1,151.50 rupees), which the company achieved on December…
Shares of Axis Bank Ltd.
532215
advanced 1.29% to 1,067.45 Indian rupees Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P BSE Sensex Index
1
Axis Bank Share Price Today Updates: Axis Bank Closes at Rs 1067.50, Registers 1.28% Gain
04:05:28 PM IST, 31 January 2024Axis Bank Share Price Today Updates: Axis Bank Bonus Updates03:32:32 PM IST, 31 January 2024Axis Bank Share Price Today Updates: Axis Bank Closes at Rs 1067.50, Registers 1.28% GainAxis Bank recorded a closing price of Rs 1067.50, reflecting a 1.28% increase in value today.03:16:05 PM IST, 31 January 2024Axis Bank Share Price Today Updates: Axis Bank Sees 1.44% Increase in Stock Price Today, 1-Year Returns at 22.91%Axis Bank is currently trading at a price of Rs 1069.25, reflecting a 1.44% increase for the day. Over the past year, the stock has delivered a return of 22.91%.02:46:14 PM IST, 31 January 2024Axis Bank Share Price Today Live Updates: Axis…
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Axis Securities highlights five key sectors that may benefit from this interim budget 2024 – Market News
In anticipation of the Union Budget 2024–25, Axis Securities has provided a detailed outlook on key sectors and expectations, encompassing higher capital expenditures, increased rural spending, and fiscal consolidation. The brokerage identifies several sectors poised to benefit from the upcoming budgetary allocations.
Power, Utilities, and Renewables are anticipated to receive additional support, with a particular focus on companies in the Railway, Infrastructure, and Capital Goods sectors. The brokerage foresees positive impacts on FMCG and Autos driven by augmented rural spending.
In the realm of electric vehicles (EVs) and manufacturing, Axis Securities recommends providing…
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