New Delhi: Amid the ongoing volatile trading in the stock market, shares of private sector bank Axis Bank rose . The bank's shares rose after the second quarter results. The bank announced the September quarter results on Thursday.

Status of Axis Bank shares

On the Bombay Stock Exchange (BSE), Axis Bank 's stock rose 4.11 percent to Rs 1,178.75 per share. On the National Stock Exchange (NSE), the company's stock rose 4.13 percent to Rs 1,178.70 per share. At the time of writing the news, Axis Bank's stock (Axis Bank Share Price) was trading at Rs 1,194.95 per share, up 63.10 percent.

How is the financial performance of the bank

Axis Bank said in its quarterly results (Axis Bank Q2 Result) that the consolidated net profit of the bank has increased by 19.29 percent to Rs 7,401.26 crore. At the same time, the net interest income of the bank has also increased by 9 percent to Rs 13,483 crore. If we talk about net profit, it increased by 19 percent to Rs 6,917.57 crore in the second quarter of the current financial year.

The net interest margin of the bank increased from 0.12 per cent to 3.99 per cent. The total income of the bank in the second quarter of the current financial year 2024-25 was Rs 37,142 crore as against Rs 31,660 crore in the same quarter last year. According to stock exchange filings, the bank achieved a growth of 14 per cent on the total deposit front.