Axis Bank Ltd.

Axis Bank is currently trading at Rs. 1189.20, up by 2.35 points or 0.20% from its previous closing of Rs. 1186.85 on the BSE.

The scrip opened at Rs. 1187.00 and has touched a high and low of Rs. 1190.10 and Rs. 1181.75 respectively. So far 9,167 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1549.00 on 20-May-2013 and a 52 week low of Rs. 764.00 on 04-Sep-2013.

Last one week high and low of the scrip stood at Rs. 1202.00 and Rs. 1133.00 respectively. The current market cap of the company is Rs. 55,797.00 crore.

The promoters holding in the company stood at 33.88% while Institutions and Non-Institutions held 52.92% and 9.30% respectively.

Life Insurance Corporation of India (LIC), the country’s largest life insurer's stake in Axis Bank has crossed 10% after it picked up the private lender’s shares through open market transactions. LIC, one of the promoters in Axis Bank, bought 52.07 lakh shares or over 1% of paid-up capital worth Rs 625.64 crore between September 2013 and January 21, 2014.

With the acquisition, LIC’s stake in the private lender rose to 10.44% from 9.33%.The total number of shares of Axis Bank with LIC have risen to 4.9 crore.