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Axis Bank Ltd continues to rise

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Capital Market

Axis Bank Ltd is quoting at Rs 556.3, up 2.69% on the day as on 12:59 IST on the NSE. The stock is down 24.18% in last one year as compared to a 3.94% jump in NIFTY and a 12.41% jump in the Nifty Bank index.

Axis Bank Ltd is up for a third straight session today. The stock is quoting at Rs 556.3, up 2.69% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is up around 0.98% on the day, quoting at 12383.35. The Sensex is at 42342.28, up 1.07%. Axis Bank Ltd has gained around 18.87% in last one month.

 

Meanwhile, Nifty Bank index of which Axis Bank Ltd is a constituent, has gained around 14.94% in last one month and is currently quoting at 26798.95, up 1.7% on the day. The volume in the stock stood at 158.13 lakh shares today, compared to the daily average of 253.03 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 558.45, up 2.98% on the day. Axis Bank Ltd is down 24.18% in last one year as compared to a 3.94% jump in NIFTY and a 12.41% jump in the Nifty Bank index.

The PE of the stock is 52.39 based on TTM earnings ending September 20.

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First Published: Nov 09 2020 | 1:05 PM IST

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