Axis Bank Ltd.

Axis Bank is currently trading at Rs. 972.25, up by 9.30 points or 0.97% from its previous closing of Rs. 962.95 on the BSE.

The scrip opened at Rs. 979.00 and has touched a high and low of Rs. 982.35 and Rs. 966.05 respectively. So far 82669 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1367.10 on 01-Aug-2011 and a 52 week low of Rs. 784.50 on 02-Jan-2012.

Last one week high and low of the scrip stood at Rs. 987.90 and Rs. 922.00 respectively. The current market cap of the company is Rs. 40098.55 crore.

The promoters holding in the company stood at 37.38% while Institutions and Non-Institutions held 46.34% and 7.74% respectively.

Axis Bank, country’s largest private sector lender has inked pact with IBM to supply customer care services to its clientele. Bank’s contact centre operations will be a single mortgage contact centre from an existing 58 regional asset centers, as IBM will consolidate them.

This contact centre will facilitate inbound voice and email communications from the bank's customers. Bank aims extra possible income from cross-selling or up-selling services or applications at the consolidated mortgage customer care centre.

Axis Bank is the third largest private sector bank in India. Axis Bank offers the entire spectrum of services to customer segments covering large and mid-corporate, SME, agriculture and retail business.