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Axis Bank Ltd gains for third consecutive session

Capital Market 

Axis Bank Ltd is quoting at Rs 668.45, up 2.9% on the day as on 12:54 IST on the NSE. The stock is up 3.55% in last one year as compared to a 5.76% drop in NIFTY and a 0.94% drop in the Nifty Bank index.

Axis Bank Ltd gained for a third straight session today. The stock is quoting at Rs 668.45, up 2.9% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.68% on the day, quoting at 10921.15. The Sensex is at 36909.96, up 0.72%. Axis Bank Ltd has risen around 1.29% in last one month.

Meanwhile, Nifty Bank index of which Axis Bank Ltd is a constituent, has risen around 1.73% in last one month and is currently quoting at 26919.7, up 1.13% on the day. The volume in the stock stood at 66.18 lakh shares today, compared to the daily average of 94.9 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 670.8, up 2.8% on the day. Axis Bank Ltd is up 3.55% in last one year as compared to a 5.76% drop in NIFTY and a 0.94% drop in the Nifty Bank index.

The PE of the stock is 31.83 based on TTM earnings ending June 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, September 06 2019. 13:05 IST
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