Axis Bank Ltd down for fifth straight session

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Capital Market
Last Updated : Jan 16 2023 | 1:50 PM IST

Axis Bank Ltd is quoting at Rs 921.6, down 1.34% on the day as on 13:19 IST on the NSE. The stock jumped 29.32% in last one year as compared to a 2.1% slide in NIFTY and a 10.92% spurt in the index.

Axis Bank Ltd is down for a fifth straight session today. The stock is quoting at Rs 921.6, down 1.34% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.18% on the day, quoting at 17923.4. The Sensex is at 60235.33, down 0.04%.Axis Bank Ltd has lost around 2.6% in last one month.Meanwhile, index of which Axis Bank Ltd is a constituent, has eased around 2.36% in last one month and is currently quoting at 42371.25, up 0.05% on the day. The volume in the stock stood at 48.89 lakh shares today, compared to the daily average of 69.78 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 925.85, down 1.26% on the day. Axis Bank Ltd jumped 29.32% in last one year as compared to a 2.1% slide in NIFTY and a 10.92% spurt in the index.

The PE of the stock is 16.71 based on TTM earnings ending September 22.

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First Published: Jan 16 2023 | 1:35 PM IST

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