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Axis Bank Ltd spurts 1.4%, rises for fifth straight session

Capital Market 

Axis Bank Ltd is quoting at Rs 680.95, up 1.4% on the day as on 12:49 IST on the NSE. The stock is up 7.16% in last one year as compared to a 2.96% slide in NIFTY and a 3.38% slide in the Nifty Bank.

Axis Bank Ltd gained for a fifth straight session today. The stock is quoting at Rs 680.95, up 1.4% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.27% on the day, quoting at 11033.25. The Sensex is at 37322.12, up 0.48%. Axis Bank Ltd has gained around 4.85% in last one month.

Meanwhile, Nifty Bank index of which Axis Bank Ltd is a constituent, has gained around 0.01% in last one month and is currently quoting at 27504.65, up 0.81% on the day. The volume in the stock stood at 33.79 lakh shares today, compared to the daily average of 88.71 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 681.1, up 1.35% on the day. Axis Bank Ltd is up 7.16% in last one year as compared to a 2.96% slide in NIFTY and a 3.38% slide in the Nifty Bank index.

The PE of the stock is 32.92 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: Wed, September 11 2019. 13:01 IST
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