Axis Bank Ltd.

Axis Bank is currently trading at Rs. 571.50, up by 34.15 points or 6.36% from its previous closing of Rs. 537.35 on the BSE.

The scrip opened at Rs. 541.80 and has touched a high and low of Rs. 576.10 and Rs. 538.90 respectively. So far 7614677 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 676.90 on 10-Sep-2018 and a 52 week low of Rs. 477.50 on 04-Apr-2018.

Last one week high and low of the scrip stood at Rs. 576.10 and Rs. 534.15 respectively. The current market cap of the company is Rs. 146967.82 crore.

The promoters holding in the company stood at 25.91%, while Institutions and Non-Institutions held 65.26% and 8.79% respectively.

Axis Bank has sold 4.95% stake in National Securities Depository (NSDL) to its peer HDFC Bank for a consideration of Rs 163.34 crore. Post-sale, Axis Bank would be left with 0.05% holding in NSDL. With the acquisition, HDFC Bank's holding will increase from the current 5% to 9.95%.

Axis Bank is the third largest private sector bank in India. The bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.