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  • Axis Bank Ltd drops more than 1%
  • June 20,2019  13:35
  • Axis Bank Ltd fell for a fifth straight session today. The stock is quoting at Rs 761.6, down 1.18% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.38% on the day, quoting at 11735.6. The Sensex is at 39301.43, up 0.48%.Axis Bank Ltd has eased around 1.47% in last one month.Meanwhile, Nifty Bank index of which Axis Bank Ltd is a constituent, has increased around 0.72% in last one month and is currently quoting at 30362.1, up 0.54% on the day. The volume in the stock stood at 55.88 lakh shares today, compared to the daily average of 86.64 lakh shares in last one month.

    The benchmark June futures contract for the stock is quoting at Rs 764.9, down 0.95% on the day. Axis Bank Ltd jumped 48.45% in last one year as compared to a 9.26% rally in NIFTY and a 15.21% spurt in the Nifty Bank index.

    The PE of the stock is 43.09 based on TTM earnings ending March 19.

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