Shares of Axis Bank, India’s fourth-largest private sector lender, rose sharply in early trade on Tuesday, January 6, touching a high of ₹1,304.60 per share on the NSE. This marks the stock’s strongest level since July 2024, trading now just 2.6% below its all-time high of ₹1,339.
The market responded positively following the release of the bank’s Q3 December-quarter business update, signaling steady growth in both loans and deposits.
Market Performance
- Axis Bank share price: ₹1,304.60 (intraday high)
- Price change: +1.50% early trade
- Trading context: In a slightly weak broader market, Axis Bank stood out with gains
The stock has shown resilience over the past few months, rebounding strongly from August lows. It closed three of the last four months in the green, with a cumulative gain of nearly 22%. In December alone, the stock advanced 1.6%, contributing to a 19.3% annual rise in 2025, its best since 2022.
Axis Bank Q3 Business Update
The bank’s regulatory filing after market hours on Monday revealed solid growth in its lending and deposit operations:
- Gross advances: ₹11.71 lakh crore, up 14.1% YoY and 3.7% sequentially from ₹11.28 lakh crore in Q2
- Total deposits: ₹12.61 lakh crore, a 15% YoY increase; sequential growth of 4.8% from ₹12.04 lakh crore
- CASA deposits: up 13.9% YoY
- Term deposits: up 15.8% YoY
- Quarterly average deposits: ₹11.97 lakh crore, rising 12.3% YoY and 5.1% QoQ
These figures highlight continued traction in both retail and corporate banking segments, reflecting customer confidence and robust deposit mobilization.
Axis Bank Q2 2025 Snapshot
To provide context, Q2 2025 saw:
- Net profit: ₹5,090 crore, down 26% YoY due to a one-time provisioning of ₹1,231 crore for discontinued crop loan schemes
- Net interest income (NII): ₹13,745 crore, up 2% YoY
- Net interest margin (NIM): 3.73%
- Asset quality: Gross NPAs at 1.46%, Net NPAs at 0.44%
Despite a dip in profit caused by special provisions, the quarter reflected steady operational performance, improving loan growth, and enhanced asset quality.
Axis Bank Share Price Trend
- The stock has rebounded sharply from August lows
- Monthly performance: 1.6% gain in December
- Annual performance: 19.3% rise in 2025, strongest since 2022
- Current trading: ₹1,295 (as of 12 pm), 0.72% higher
Axis Bank’s resilience demonstrates investor confidence, driven by steady growth in advances, deposits, and asset quality improvements.
Summary
Axis Bank continues to showcase strong fundamentals, with robust growth in loans and deposits alongside improving asset quality. Its share price momentum highlights sustained investor interest, making it one of the most closely watched private sector banks in India.
With Q3 performance surpassing key operational metrics, the stock is now trading near its 18-month high, underlining the bank’s ability to maintain steady growth even amid broader market volatility.
Source: Livemint
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