New Delhi, Oct. 23 -- Keeping their momentum strong, shares of Axis Bank, the country's fourth-largest private sector bank, gained another 3.2% in Thursday's trade, October 23, to hit a fresh one-year peak of Rs.1,276, extending their bull run to the fifth trading session as follow-through buying continued in the stock after the release of the bank's September quarter numbers.

The recent rally in the private sector lender has also pushed the shares closer to their record high of Rs.1,339.65, touched in July 2024, and they are now just 5% away from reaching that level.

Last week, the bank released its Q2 FY26 numbers. Though the net profit came in sharply lower than analysts' consensus estimates due to elevated provisioning, it reported ...