Axis Bank profit may beat estimates in Dec quarter: StarMine

Written by Reuters | Mumbai | Updated: Jan 16 2014, 19:06pm hrs
Axis BankAxis Bank Ltd is slated to announce its results for for the October-December quarter later on Thursday.
Axis Bank Ltd may beat consensus profit forecast for the October-December quarter when it reports results later in the day, Thomson Reuters StarMine's SmartEstimates shows.

StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects Axis Bank to report a profit of 15.29 billion rupees for the quarter, compared with a consensus mean estimate of 14.92 billion rupees.

At 11.45 am, Axis Bank shares were up 1.34 per cent.