Axis Bank Ltd.

Axis Bank is currently trading at Rs. 1448.60, up by 18.65 points or 1.30% from its previous closing of Rs. 1430.20 on the BSE.

The scrip opened at Rs. 1431.30 and has touched a high and low of Rs. 1458.80 and Rs. 1431.00 respectively. So far 107539 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. 1468.30 and Rs. 1313.25 respectively. The current market cap of the company is Rs. 67970.95 crore.

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

Axis Bank has unveiled electronic ‘Kisan Card’ to facilitate easy agriculture lending to farmers through ATMs. The Card will be offered to farmers or agrarian customers of the bank on their cash credit crop loan accounts. The offer will provide the convenience of visiting any ATM for cash withdrawals instead of visiting the branch.

The card will provide queue free 24x7 disbursement facilities for farmers by allowing them to use their loan limit by withdrawing cash up to Rs 1 Lakh per day.

Axis Bank has reported 19.06% rise in its net profit at Rs 1604.11 crore for third quarter ended December 31, 2013 as compared to Rs 1347.22 crore for the same quarter in the previous year. Total income of the bank has increased by 9.94% at Rs 9433.55 crore for quarter under review as compared to Rs 8580.30 crore for the quarter ended December 31, 2012.