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Axis Bank Ltd rises for third straight session

Capital Market 

Axis Bank Ltd is quoting at Rs 768.2, up 1.17% on the day as on 12:54 IST on the NSE. The stock is up 53.93% in last one year as compared to a 12.69% jump in NIFTY and a 24.14% jump in the Nifty Bank index.

Axis Bank Ltd is up for a third straight session today. The stock is quoting at Rs 768.2, up 1.17% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.55% on the day, quoting at 11508.05. The Sensex is at 38338.47, up 0.54%. Axis Bank Ltd has gained around 9.37% in last one month.

Meanwhile, Nifty Bank index of which Axis Bank Ltd is a constituent, has gained around 11.68% in last one month and is currently quoting at 30019.8, up 0.61% on the day. The volume in the stock stood at 36.64 lakh shares today, compared to the daily average of 94.54 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 767.75, up 0.92% on the day. Axis Bank Ltd is up 53.93% in last one year as compared to a 12.69% jump in NIFTY and a 24.14% jump in the Nifty Bank index.

The PE of the stock is 198.99 based on TTM earnings ending December 18.

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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, March 28 2019. 13:05 IST
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