Axis Bank Ltd.

Axis Bank is currently trading at Rs. 502.85, up by 2.90 points or 0.58 % from its previous closing of Rs. 499.95 on the BSE.

The scrip opened at Rs. 501.00 and has touched a high and low of Rs. 503.45 and Rs. 497.10 respectively. So far 62320 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 502.70 on 04-Dec-2014 and a 52 week low of Rs. 216.68 on 14-Feb-2014.

Last one week high and low of the scrip stood at Rs. 502.70 and Rs. 471.00 respectively. The current market cap of the company is Rs. 118807.28 crore.

The promoters holding in the company stood at 28.88 % while Institutions and Non-Institutions held 58.42 % and 9.00 % respectively.

Axis Bank has closed its senior unsecured redeemable non-convertible debenture (NCD) issue of amount Rs 57.05 billion and priced at 8.85% per annum payable annually maturing on December 05, 2024. The NCDs are issued in Rupees at a fixed coupon and the proceeds shall be utilized for enhancing long term resources for funding infrastructure and affordable housing. The NCDs shall be allotted to eligible investors on December 05, 2014. The issue was managed by the Debt Capital Markets team of Axis Bank and again reaffirms its leading position in Indian Corporate Bond Markets. The NCD's are rated AAA by CRISIL & ICRA.

Axis Bank has 2,505 domestic branches & extension counters and 13,146 ATMs across the country, as on 30th September 2014, the network of Axis Bank spreads across 1,686 cities and towns, enabling the Bank to reach out to a large cross-section of customers with an array of products and services.