Axis Bank Ltd.

Axis Bank is currently trading at Rs. 379.90, up by 2.10 points or 0.56 % from its previous closing of Rs. 377.80 on the BSE.

The scrip opened at Rs. 377.00 and has touched a high and low of Rs. 381.40 and Rs. 374.40 respectively. So far 118339 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 423.70 on 11-Sep-2014 and a 52 week low of Rs. 202.33 on 13-Nov-2013.

Last one week high and low of the scrip stood at Rs. 403.95 and Rs. 370.60 respectively. The current market cap of the company is Rs. 89489.95 crore.

The promoters holding in the company stood at 29.17 % while Institutions and Non-Institutions held 59.53 % and 7.87 % respectively.

Axis Bank, the country’s third largest private sector bank, has reportedly unveiled its third season the ‘Shopaholics Online Festival’. The bank has tied up with 52 reputed online merchants across 8 different categories, to offer online flash sale exclusively for Axis Bank Credit & Debit Cardholders. Offers will be available on a wide bouquet of categories namely Travel, Bill Payments & Recharge, Mobiles & electronics, Entertainment, Apparel & Accessories, Books Stationery & Gifts, Food & Groceries & Homes & Lifestyle. This three-day festival has started from September 2, 2014.

The bank’s net profit for first quarter ended June 30, 2014 rose by 18.29% at Rs 1666.76 crore as compared to Rs 1408.93 crore for the quarter ended June 30, 2013. Its total income increased by 10.17% to Rs 9980.47 crore for the quarter under review from Rs 9059.12 crore for the corresponding quarter of the previous year.