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Axis Bank Ltd eases for fifth straight session

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Capital Market
Last Updated : Apr 19 2018 | 1:50 PM IST

The stock is quoting at Rs 511.35, down 1.33% on the day as on 13:24 IST on the NSE. Axis Bank Ltd jumped 4.78% in last one year as compared to a 15.54% rally in NIFTY and a 16.9% spurt in the Nifty Bank index.

Axis Bank Ltd dropped for a fifth straight session today. The stock is quoting at 511.35, down 1.33% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.29% on the day, quoting at 10556.6. The Sensex is at 34393.79, up 0.18%.Axis Bank Ltd has eased around 1.87% in last one month.Meanwhile, Nifty Bank index of which Axis Bank Ltd is a constituent, has increased around 3.95% in last one month and is currently quoting at 25102.3, up 0.08% on the day. The volume in the stock stood at 62.51 lakh shares today, compared to the daily average of 89.84 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 512.25, down 1.35% on the day. Axis Bank Ltd jumped 4.78% in last one year as compared to a 15.54% rally in NIFTY and a 16.9% spurt in the Nifty Bank index.

The PE of the stock is 36.1 based on TTM earnings ending December 17.

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First Published: Apr 19 2018 | 1:35 PM IST

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