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STOCK MARKET

Shares of Axis Bank Ltd Hit High at 1.67%

Axis Bank Ltd is down 0.92 per cent in the last year.

On National Stock Exchange (NSE), Axis Bank Ltd is quoting Rs 789.85, up 1.67 per cent today. The bank’s stock fell 0.92 per cent in 2021 compared to a 4.88 per cent slide in NIFTY and a 1.02 per cent slide in the Nifty Bank.

On Tuesday, Axis Bank Ltd is up for a fifth straight session. The stock is quoted at Rs 789.85, up 1.67 per cent. The benchmark NIFTY is down around 0.74 per cent on the day. The Sensex is at 57583.1, down 0.7 per cent. Axis Bank Ltd slipped around 1.39 per cent in September month.

Meanwhile, the Nifty Bank index of Axis Bank Ltd slipped around 4.09 per cent in September. The stock fell by 0.46 per cent on the day. The volume in the stock stood at 74.06 lakh shares compared to the daily average of 98.9 lakh shares in September.

In the October futures contract, the stock’s benchmark is at Rs 793.2, up 2.06 per cent on the day. Axis Bank Ltd is down 0.92 per cent in 2021 compared to a 4.88 per cent slide in NIFTY and a 1.02 per cent slide in the Nifty Bank index.

As on June 2022, the private equity of the stock is 15.92 based on TTM earnings.

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