Axis Bank's stock price up by more than 3% today

8 Dec 2022 , 10:57 AM

Axis Bank shares reached ahigh of Rs 923.70 on Thursday in intraday trading on the BSE, up 1%, and have gained 3% over the last three days on a steady outlook. The share price of the private sector lender has risen above the previous record high of Rs 919.95 set on October 27, 2022. With a balance sheet size of Rs 11.8 trillion crore as of September 2022, Axis Bank is the third-largest private sector bank in India. With 4,760 locations, the bank has a considerable presence throughout India. Over 69% of all loans are for retail and small and medium businesses.

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