Axis Bank shares rise 4% after strong Q3 results
Axis Bank shares rose nearly 4% on 27 Jan 2026 after reporting a net profit of ₹6,489.6 cr for Q3 FY26, exceeding estimates. Brokerages expressed bullish sentiment on earnings visibility and asset quality, with target prices reflecting positive outlooks.
pre-market1 source ↓written by the desknot a recommendation
- in early trade
- 4%
- following
- 27 Jan 2026
- in net interest
- 5% rise
- gain
- 9.7%
Shares of Axis Bank surged nearly 4% in early trade on 27 Jan 2026 following a better-than-expected Q3 performance. The bank reported a net profit of ₹6,489.6 cr, surpassing estimates of ₹6,046 cr, driven by a 5% rise in net interest income to ₹14,286.4 cr.
Brokerages are optimistic about the bank's earnings visibility and asset quality, with target prices reflecting bullish sentiment. This performance significantly outpaces the Nifty 50's 9.7% gain over the past year.
Not investment advice. For informational purposes only.