Axis Bank Ltd gained for a third straight session today. The stock is quoting at Rs 949.5, up 2.53% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.42% on the day, quoting at 18611.5. The Sensex is at 62849.87, up 0.48%. Axis Bank Ltd has risen around 8.09% in last one month.
Meanwhile, Nifty Bank index of which Axis Bank Ltd is a constituent, has risen around 2.12% in last one month and is currently quoting at 43937.85, up 0.6% on the day. The volume in the stock stood at 84.31 lakh shares today, compared to the daily average of 108.81 lakh shares in last one month.
The benchmark June futures contract for the stock is quoting at Rs 953.95, up 2.38% on the day. Axis Bank Ltd is up 41.25% in last one year as compared to a 12.32% spurt in NIFTY and a 25.18% spurt in the Nifty Bank index.
The PE of the stock is 13 based on TTM earnings ending March 23.
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