Axis Bank is currently trading at Rs. 487.65, up by 3.15 points or 0.65% from its previous closing of Rs. 484.50 on the BSE.
The scrip opened at Rs. 488.00 and has touched a high and low of Rs. 491.75 and Rs. 486.30 respectively. So far 48,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 638.00 on 07-Sep-2016 and a 52 week low of Rs. 417.55 on 11-Apr-2016.
Last one week high and low of the scrip stood at Rs. 518.90 and Rs. 484.10 respectively. The current market cap of the company is Rs. 1,16,772.00 crore.
The promoters holding in the company stood at 30.23%, while Institutions and Non-Institutions held 60.44% and 9.33% respectively.
Private sector Axis Bank is planning to raise $16.2 million or Rs 106 crore by floating bonds through its Dubai financial centre branch. In this regards, the board of directors of the Bank has passed resolution approving allotment of 1 year senior fixed rate notes of $ 16,200,000.
The bonds are to be floated under its medium term note (MTN) programme through its Dubai International Financial Centre (DIFC) branch.
Axis Bank is the third largest private sector bank in India. Axis Bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.