Axis Bank Q1 review: Why did shares fall 3.5% despite a 91% rise in earnings?

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Analysts say Axis’ earnings pace was led by NIM’s expansion and cost of credit limited to less than 20 basis points
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Axis Bank | Q1 results | Markets
Axis Bank Q1 review: Shares of Axis Bank fell 3.5% to Rs 702 each on BSE in intraday trading on Tuesday as investors booked profits in the counter after stunning June quarter results (Q1FY23) . Analysts described Axis’ first-quarter earnings as “results focused, post-balance sheet strengthening phase.”
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First published: Tuesday, July 26, 2022. 12:23 PM IST