Axis Bank is currently trading at Rs. 494.45, up by 6.45 points or 1.32% from its previous closing of Rs. 488.00 on the BSE.
The scrip opened at Rs. 485.80 and has touched a high and low of Rs. 502.35 and Rs. 484.30 respectively. So far 496180 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. 486.00 respectively. The current market cap of the company is Rs. 117960.62 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 reviewed and retained the Marginal Cost of Funds based Lending Rate (MCLR) at the same level across tenors with effect from March 18, 2017. The 1 year MCLR stands unchanged to 8.25% per annum (p.a.).
The Bank has also reviewed and retained the overnight, 1 month, 3 month and 6 month MCLR to 7.90% p.a., 7.90% p.a., 8.05% p.a. and 8.15% p.a. respectively. Moreover, 2 years and 3 years MCLR has also been reviewed and retained to 8.30% p.a. and 8.35% p.a. respectively.
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.