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Axis Bank Ltd in demand

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Axis Bank Ltd is quoting at Rs 405.85, up 3.71% on the day as on 12:54 IST on the NSE. The stock is down 46.66% in last one year as compared to a 21.67% drop in NIFTY and a 34.13% drop in the Nifty Bank index.

Axis Bank Ltd gained for a third straight session today. The stock is quoting at Rs 405.85, up 3.71% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 3.72% on the day, quoting at 9073.9. The Sensex is at 30954.85, up 3.55%. Axis Bank Ltd has slipped around 34.47% in last one month.

Meanwhile, Nifty Bank index of which Axis Bank Ltd is a constituent, has slipped around 25.89% in last one month and is currently quoting at 18946.45, up 3.61% on the day. The volume in the stock stood at 243.7 lakh shares today, compared to the daily average of 400.64 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 407, up 3.87% on the day. Axis Bank Ltd is down 46.66% in last one year as compared to a 21.67% drop in NIFTY and a 34.13% drop in the Nifty Bank index.

The PE of the stock is 24.43 based on TTM earnings ending December 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: Thu, April 09 2020. 13:05 IST
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