Stocks in news: Axis Bank, Wipro, UltraTech Cement, Tech Mahindra, SBI Cards, SpiceJet
Private sector lender Axis Bank today reported a loss of Rs 5,728.42 crore in the March quarter on account of the acquisition of Citibank India’s consumer business. Excluding the one-time hit due to the deal, the bank made a net profit of Rs 6,625 crore in Q4, a growth of 61% YoY.
