Stocks to watch: Axis Bank, Macrotech, LTIM, Nestle, Bajaj Finance, KMB | Mint

Stocks to watch: Axis Bank, Macrotech, LTIM, Nestle, Bajaj Finance, KMB | Mint

Axis Bank: On Wednesday, April 24, Axis Bank reported a net profit of ₹7,130 crore, a significant turnaround from the ₹5,728.4 crore loss in the same period last year. The bank's net interest income (NII), which is the difference between interest earned and paid, increased by 11.5 per cent YoY to ₹13,089 crore, up from ₹11,742 crore in the previous year. For the quarter, Axis Bank's operating profit was ₹10,536 crore, a 15 per cent YoY increase. The core operating …