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Axis Bank Ltd gains for third consecutive session

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Capital Market

Axis Bank Ltd is quoting at Rs 611, up 3.13% on the day as on 12:49 IST on the NSE. The stock is down 17.04% in last one year as compared to a 13.07% jump in NIFTY and a 5.06% jump in the Nifty Bank index.

Axis Bank Ltd is up for a third straight session today. The stock is quoting at Rs 611, up 3.13% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.81% on the day, quoting at 13711. The Sensex is at 46756.37, up 0.67%. Axis Bank Ltd has gained around 1.86% in last one month.

 

Meanwhile, Nifty Bank index of which Axis Bank Ltd is a constituent, has gained around 4.05% in last one month and is currently quoting at 29883.3, up 1.66% on the day. The volume in the stock stood at 86.72 lakh shares today, compared to the daily average of 204.87 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 611.25, up 2.81% on the day. Axis Bank Ltd is down 17.04% in last one year as compared to a 13.07% jump in NIFTY and a 5.06% jump in the Nifty Bank index.

The PE of the stock is 57.29 based on TTM earnings ending September 20.

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First Published: Dec 24 2020 | 1:05 PM IST

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