Shares of Axis Bank, a private lender in India, fell by 5% to a low of ₹1,300 on the National Stock Exchange (NSE) following the release of its Q4 FY26 earnings report. The bank reported a standalone net profit of ₹7,071 crore, reflecting a marginal decline of 0.64% compared to ₹7,118 crore in the same quarter last year. Interest income increased by 4.7% year-on-year to ₹32,724 crore, while interest expenses also rose by 4.7% to ₹18,267 crore. Net Interest Income (NII) for the quarter was ₹14,457 crore, a 5% increase year-on-year, with a Net Interest Margin (NIM) of 3.62%. The bank's asset quality improved, with Gross Non-Performing Assets (NPA) at 1.23% and Net NPA at 0.37%, down from 1.40% and 0.42% respectively at the end of the previous quarter.

Brokerage firm Motilal Oswal has maintained a Neutral rating on Axis Bank shares, setting a target price of ₹1,475, indicating a potential upside of 8%. They noted a decline in credit costs and improved momentum in higher-yielding assets. JM Financial has a more optimistic outlook, maintaining a Buy rating and raising its target price to ₹1,575, citing strong deposit growth and improving asset quality. Elara Capital also supports a Buy rating with a revised target price of ₹1,629, emphasizing the need for consistent performance for any re-rating of the stock.