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Axis Bank Ltd soars 0.51%, up for fifth straight session

1 Apr 2022 , 01:00 PM

Axis Bank Ltd gained for a fifth straight session today. The stock is quoting at Rs 765, up 0.51% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.47% on the day, quoting at 17547.25. The Sensex is at 58877.13, up 0.53%. Axis Bank Ltd has risen around 1.97% in last one month.

Meanwhile, Nifty Bank index of which Axis Bank Ltd is a constituent, has risen around 4.5% in last one month and is currently quoting at 36373.6, up 1.63% on the day. The volume in the stock stood at 50.45 lakh shares today, compared to the daily average of 128.07 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 768.6, up 0.71% on the day. Axis Bank Ltd is up 11.64% in last one year as compared to a 19.88% spurt in NIFTY and a 13.12% spurt in the Nifty Bank index.

The PE of the stock is 20.16 based on TTM earnings ending December 21.

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