Trending stocks: Axis Bank shares down nearly 1%

Trending stocks: Axis Bank shares down nearly 1%

NEW DELHI: Shares of Axis Bank Ltd. traded 0.55 per cent down in Friday’s trade at 10:39AM (IST). Around 220542 shares changed hands on the counter. The stock opened at Rs 434.2 and touched an intraday high and low of Rs 439.9 and Rs 431.5, respectively, in the session so far.

The stock quoted a 52-week high of Rs 827.75 and a 52-week low of Rs 286.0.

Financials
Axis Bank Ltd., incorporated in the year 1993, is a banking company (having a market cap of Rs 123110.75 Crore).

Axis Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 41322.02 Crore to Sales Value (75.15 % of Total Sales), Income From Investment which contributed Rs 11349.07 Crore to Sales Value (20.64 % of Total Sales) and Interest which contributed Rs 1621.33 Crore to Sales Value (2.94 % of Total Sales)for the year ending 31-Mar-2019.

Promoter holding
Promoters held 15.69 per cent stake in the company as of quarter ended 31st Mar 2020.

Valuation ratio
It quoted a price-to-earnings ratio of 66.65 and price to book value of 1.66.
Source: ET Markets

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