Axis Bank Ltd rises for fifth straight session

Axis Bank Ltd is quoting at Rs 748.2, up 0.05% on the day as on 12:44 IST on the NSE. The stock is up 19.36% in last one year as compared to a 13.46% spurt in NIFTY and a 19.61% spurt in the Nifty Bank.

Nov 20, 2019 07:11 IST capital market

Axis Bank Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 748.2, up 0.05% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.73% on the day, quoting at 12027.25. The Sensex is at 40761.58, up 0.72%. Axis Bank Ltd has risen around 4.97% in last one month.

Meanwhile, Nifty Bank index of which Axis Bank Ltd is a constituent, has risen around 6.81% in last one month and is currently quoting at 31236.25, up 0.56% on the day. The volume in the stock stood at 51.1 lakh shares today, compared to the daily average of 88.74 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 748.5, up 0.05% on the day. Axis Bank Ltd is up 19.36% in last one year as compared to a 13.46% spurt in NIFTY and a 19.61% spurt in the Nifty Bank index.

The PE of the stock is 47.45 based on TTM earnings ending September 19.

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