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Axis Bank Ltd spurts 11.82%, up for third straight session

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Capital Market

Axis Bank Ltd is quoting at Rs 381.75, up 11.82% on the day as on 12:54 IST on the NSE. The stock is down 51.1% in last one year as compared to a 25.49% fall in NIFTY and a 34.25% fall in the Nifty Bank index.

Axis Bank Ltd rose for a third straight session today. The stock is quoting at Rs 381.75, up 11.82% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.25% on the day, quoting at 8620.25. The Sensex is at 29709.58, down 0.79%. Axis Bank Ltd has dropped around 45.25% in last one month.

 

Meanwhile, Nifty Bank index of which Axis Bank Ltd is a constituent, has dropped around 31.38% in last one month and is currently quoting at 19613.9, up 1.97% on the day. The volume in the stock stood at 396.22 lakh shares today, compared to the daily average of 266.2 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 382.7, up 10.67% on the day. Axis Bank Ltd is down 51.1% in last one year as compared to a 25.49% fall in NIFTY and a 34.25% fall in the Nifty Bank index.

The PE of the stock is 21.39 based on TTM earnings ending December 19.

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First Published: Mar 27 2020 | 1:05 PM IST

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