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Axis Bank Ltd soars 3.79%, gains for fifth straight session

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Axis Bank Ltd is quoting at Rs 382.1, up 3.79% on the day as on 12:49 IST on the NSE. The stock is down 50.09% in last one year as compared to a 26.34% slide in NIFTY and a 36.43% slide in the Nifty Bank.

Axis Bank Ltd is up for a fifth straight session today. The stock is quoting at Rs 382.1, up 3.79% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 3.79% on the day, quoting at 8595.2. The Sensex is at 29446.63, up 3.54%. Axis Bank Ltd has slipped around 44.15% in last one month.

 

Meanwhile, Nifty Bank index of which Axis Bank Ltd is a constituent, has slipped around 33.22% in last one month and is currently quoting at 18782.4, up 2.63% on the day. The volume in the stock stood at 220.59 lakh shares today, compared to the daily average of 311.08 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 383.25, up 3.36% on the day. Axis Bank Ltd is down 50.09% in last one year as compared to a 26.34% slide in NIFTY and a 36.43% slide in the Nifty Bank index.

The PE of the stock is 23.01 based on TTM earnings ending December 19.

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First Published: Mar 31 2020 | 1:00 PM IST

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