New Delhi, Oct. 16 -- Axis Bank's share price rose more than 4 per cent in intraday trade on the BSE on Thursday, October 16, a day after the company reported its September quarter (Q2FY26) results. Axis Bank share price opened at Rs.1,211 against its previous close of Rs.1,169 and rose 4.2 per cent to an intraday high of Rs.1,217.65. The stock, however, pared some gains and traded 2 per cent up at Rs.1,192.95 around 11:25 am. Equity benchmark Sensex was 0.55 per cent up at 83,060 at that time.

Axis Bank's net profit dropped by 26 per cent year-on-year (YoY) to Rs.5,090 crore, while net interest income (NII) rose modestly by 2 per cent year-on-year to Rs.13,745 crore. Net interest margin (NIM) for Q2FY26 stood at 3.73 per cent compared t...