Axis Bank Shares Worth Rs. 111.20 Crores Traded in NSE Block Deal

1 min read     Updated on 21 Aug 2025, 12:41 PM
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Reviewed by
Ashish ThakurBy ScanX News Team
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Overview

A significant block trade of Axis Bank shares occurred on the National Stock Exchange (NSE). Approximately 1,030,007 shares were traded at Rs. 1,079.60 per share, totaling a transaction value of Rs. 111.20 crores. This pre-arranged deal between large traders or institutional investors highlights continued interest in Axis Bank's stock.

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*this image is generated using AI for illustrative purposes only.

Axis Bank , one of India's leading private sector banks, witnessed a significant block trade on the National Stock Exchange (NSE) recently. The transaction involved approximately 1,030,007 shares of the bank, which were traded at a price of Rs. 1,079.60 per share.

Transaction Details

The block deal, which took place on the NSE, had a total transaction value of Rs. 111.20 crores. This substantial trade highlights the continued interest in Axis Bank's shares among institutional investors and large traders.

Impact on Trading

Block deals of this magnitude often attract attention in the market as they can potentially influence the stock's price and trading volume. However, it's important to note that such transactions are typically pre-arranged between buyers and sellers and may not necessarily reflect the overall market sentiment towards the stock.

Axis Bank's Market Position

Axis Bank, with its strong presence in the Indian banking sector, continues to be a focus for investors. The bank's performance and strategic decisions are closely watched by market participants, as reflected in such significant share transactions.

Conclusion

While this block deal provides a snapshot of trading activity, investors and analysts will likely continue to monitor Axis Bank's financial performance, growth strategies, and market position for a comprehensive understanding of the stock's potential.

Note: Investors are advised to conduct their own research and consult financial experts before making investment decisions based on market movements or block deals.

Historical Stock Returns for Axis Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+0.11%-0.97%-1.29%+6.24%-8.39%+137.30%
Axis Bank
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Axis Bank Tightens Accounting Policy, Net Profit Dips 4% to ₹5,806 Crore

1 min read     Updated on 18 Aug 2025, 06:30 AM
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Reviewed by
Riya DeyBy ScanX News Team
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Overview

Axis Bank reported a 4% decline in net profit to ₹5,806.00 crore for the latest quarter due to a more conservative approach in its accounting practices. The bank tightened its one-time settlement accounting policy, resulting in additional provisioning of ₹614.00 crore. This move contrasts with other financial institutions' approaches, such as Sammaan Capital's more aggressive stance and Bandhan Bank's new collection procedures, highlighting diverse strategies in the sector.

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*this image is generated using AI for illustrative purposes only.

Axis Bank , one of India's leading private sector banks, has implemented a more conservative approach to its accounting practices, resulting in a 4% decline in net profit for the latest quarter. The bank's decision to tighten its one-time settlement accounting policy has led to additional provisioning, impacting its earnings.

Key Highlights

  • Axis Bank's net profit declined 4% to ₹5,806.00 crore
  • Additional provisioning of ₹614.00 crore due to tightened one-time settlement accounting policy
  • The bank's move reflects a more conservative approach to financial reporting

Impact of Policy Change

Axis Bank's decision to revise its one-time settlement accounting policy has resulted in an additional provisioning of ₹614.00 crore. This conservative approach, while impacting short-term earnings, may strengthen the bank's financial position in the long run by potentially reducing future risks associated with non-performing assets.

Industry-wide Accounting Policy Changes

The banking and financial services sector is witnessing a wave of accounting policy revisions, with different institutions adopting varied approaches:

  1. Sammaan Capital: Adopted a more aggressive stance by changing its policy on securitized loans worth ₹20,229.00 crore. The company switched from an actuarial model to a contracted tenor model for booking income, resulting in gains of ₹661.60 crore and boosting quarterly profits to ₹334.00 crore.

  2. Bandhan Bank: Implemented new collection procedures for its microfinance segment, including raising payment demands on holidays. This change led to a temporary increase in early-stage delinquencies and contributed to a significant 65% drop in net profit to ₹370.00 crore.

Analyst Perspectives

Financial analysts have noted the contrasting approaches taken by these institutions. While Axis Bank and Bandhan Bank have opted for more conservative policies, Sammaan Capital's aggressive approach has raised eyebrows. Some analysts suggest that Sammaan's policy might attract regulatory scrutiny due to its potential to inflate short-term profits.

Implications for Investors

The divergent accounting practices adopted by these financial institutions highlight the importance for investors to closely examine the accounting policies of banks and financial services companies. These policy changes can significantly impact reported earnings and financial stability, making it crucial for stakeholders to understand the underlying reasons and potential long-term effects of such decisions.

As the financial sector continues to evolve, investors and regulators alike will be watching closely to see how these accounting policy changes affect the overall health and transparency of the industry.

Historical Stock Returns for Axis Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+0.11%-0.97%-1.29%+6.24%-8.39%+137.30%
Axis Bank
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