Axis Bank Ltd.

Axis Bank is currently trading at Rs. 455.00, up by 9.30 points or 2.09% from its previous closing of Rs. 445.70 on the BSE.

The scrip opened at Rs. 451.00 and has touched a high and low of Rs. 455.45 and Rs. 447.45 respectively. So far 314223 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 765.90 on 31-Dec-2019 and a 52 week low of Rs. 285.00 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 455.80 and Rs. 433.45 respectively. The current market cap of the company is Rs. 138667.78 crore.

The promoters holding in the company stood at 15.99%, while Institutions and Non-Institutions held 70.37% and 13.64% respectively.

Axis Bank is planning to acquire 17.002% of the equity share capital of Max Life Insurance Company, resulting in total ownership of 18.0% post the transaction. The parties have executed the definitive agreements. Axis Bank and Max Life will shortly approach the respective regulatory authorities, with revised applications for their consideration and approval.

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.