Q1 Results Live Updates: Axis Bank asset quality deteriorates, Wipro guidance in-line with estimates

Q1 Results Live Updates: Earnings season has picked-up pace and how. A slew of companies have already reported results so far and many more are still to come. Axis Bank saw a sharp rise in slippages during the June quarter, its asset quality also deteriorated, while other parameters were mostly below expectations. Wipro reported a quarter that was largely muted but in-line with expectations, as was its guidance. Watch this space for all the live updates.

Q1 Results Live Updates: Earnings season has picked-up pace and how. A slew of companies have already reported results so far and many more are still to come. Axis Bank saw a sharp rise in slippages during the June quarter, its asset quality also deteriorated, while other parameters were mostly below expectations. Wipro reported a quarter that was largely muted but in-line with expectations, as was its guidance. Stocks like Polycab reported an earnings beat but the stock did not run as due to the already prior run-up seen. However, there were sharp stock reactions to results. Ixigo shares rose 20%, while those of Heritage Foods fell 3% after its results. Newgen Software's shares also declined 6% to close at the day's low, while Navkar Corp surged as much as 10% after the company's return to profitability. We are still awaiting results from stocks like LTIMindtree, Jio Financial Services, Indian Hotels among others. Watch this space for all the live updates.