Axis Bank is currently trading at Rs. 485.05, up by 2.60 points or 0.54% from its previous closing of Rs. 482.45 on the BSE.
The scrip opened at Rs. 485.00 and has touched a high and low of Rs. 487.50 and Rs. 480.75 respectively. So far 1,76,000 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. 373.30 on 11-Feb-2016.
Last one week high and low of the scrip stood at Rs. 487.50 and Rs. 460.50 respectively. The current market cap of the company is Rs. 1,16,002.00 crore.
The promoters holding in the company stood at 30.23%, while Institutions and Non-Institutions held 60.44% and 9.33% respectively.
Axis Bank has received an approval for allotment of 3 years Senior Floating Rate Notes aggregating to $10 million, under the Bank’s MTN Programme through its Dubai International Financial Centre (DIFC) branch. The board of directors of the Bank has passed a resolution for the same.
The Bank has reported 73.36% fall in its net profit at Rs 579.57 crore for third quarter ended December 31, 2016, as compared to Rs 2175.30 crore for the same quarter in the previous year. However, total income of the Bank increased by 15.72% at Rs 14501.21 crore for Q3FY17 as compared Rs 12531.11 crore for the corresponding quarter previous year.
The Bank’s gross NPA for the October-December quarter of the current fiscal increased to 5.22%, as compared to 1.68% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 2.18% in Q3FY17.