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Axis Bank Ltd down for fifth straight session

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Capital Market

Axis Bank Ltd is quoting at Rs 840.8, down 0.7% on the day as on 13:19 IST on the NSE. The stock jumped 7.91% in last one year as compared to a 4.45% rally in NIFTY and a 8.82% spurt in the index.

Axis Bank Ltd is down for a fifth straight session today. The stock is quoting at Rs 840.8, down 0.7% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.05% on the day, quoting at 17853.05. The Sensex is at 60735.53, up 0.07%.Axis Bank Ltd has lost around 9.85% in last one month.Meanwhile, index of which Axis Bank Ltd is a constituent, has eased around 5.03% in last one month and is currently quoting at 40701.7, down 0.09% on the day. The volume in the stock stood at 67.41 lakh shares today, compared to the daily average of 96.79 lakh shares in last one month.

 

The benchmark February futures contract for the stock is quoting at Rs 842.7, down 0.62% on the day. Axis Bank Ltd jumped 7.91% in last one year as compared to a 4.45% rally in NIFTY and a 8.82% spurt in the index.

The PE of the stock is 13.41 based on TTM earnings ending December 22.

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First Published: Feb 21 2023 | 1:35 PM IST

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