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Axis Bank Ltd soars 4.21%, rises for third straight session

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Capital Market
Last Updated : Jan 05 2021 | 1:31 PM IST

Axis Bank Ltd is quoting at Rs 651, up 4.21% on the day as on 12:49 IST on the NSE. The stock is down 9.99% in last one year as compared to a 17.99% gain in NIFTY and a 0.5% gain in the Nifty Bank index.

Axis Bank Ltd rose for a third straight session today. The stock is quoting at Rs 651, up 4.21% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.13% on the day, quoting at 14150.95. The Sensex is at 48267.83, up 0.19%. Axis Bank Ltd has added around 5.13% in last one month.

Meanwhile, Nifty Bank index of which Axis Bank Ltd is a constituent, has added around 3.91% in last one month and is currently quoting at 31212.45, up 0.58% on the day. The volume in the stock stood at 204.21 lakh shares today, compared to the daily average of 155.74 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 655.25, up 4.27% on the day. Axis Bank Ltd is down 9.99% in last one year as compared to a 17.99% gain in NIFTY and a 0.5% gain in the Nifty Bank index.

The PE of the stock is 60.43 based on TTM earnings ending September 20.

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First Published: Jan 05 2021 | 1:05 PM IST

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