AXIS BANK Share Price Down by 5%; BSE BANKEX Index Down 3.0%
Fri, 22 Jan 02 pm

AXIS BANK share price has plunged 5% and is presently trading at Rs 675.

Meanwhile, the BSE BANKEX Index is at 36,433 (down 3.0%).

Among the top losers in the BSE BANKEX Index today are AXIS BANK (down 5.2%) and RBL BANK (down 7.9%).

Over the last one year, AXIS BANK has moved down from Rs 727 to Rs 675, registering a loss of Rs 52 (down 7.2%)..

The BSE BANKEX has moved up from 35,441 to 36,433, registering a gain of 992 points (up 2.8%) during the last 12 months.

The top buzzing stocks among the BSE BANKEX Index stocks during this same period were HDFC BANK (up 15.2%) and KOTAK MAHINDRA BANK (up 13.7%).

Get Details: We are Bullish on These 3 Little-known Stocks

What About the Benchmark Indices?

The BSE Sensex is at 49,677 (down 1.4%). The top gainers among the BSE Sensex stocks today are BAJAJ AUTO (up 9.4%). The most traded stocks in the BSE Sensex are BAJAJ AUTO and TCS.

In the meantime, NSE Nifty is at 14,620 (down 1.4%). BAJAJ AUTO (up 9.7%) and HERO MOTOCORP (up 5.1%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 41,529 to 49,677, registering a gain of 8,148 points (up 17.83%).

AXIS BANK Financial Update...

AXIS BANK net profit down at Rs 17 billion for the quarter ended September 2020, compared to a loss of Rs 18 billion a year ago. Operating income rose 2.3% to Rs 160.6 billion during the period as against Rs 157.1 billion in July-September 2019.

For the year ended March 2020, AXIS BANK reported 62.8% decrease in net profit to Rs 18.8 billion compared to net profit of Rs 50.5 billion during FY19.

Revenue of the company grew 13.7% to Rs 637 billion during FY20.

The current Price to earnings ratio of AXIS BANK, based on rolling 12 month earnings, stands at 57.1x.



What else is happening in the markets today? Dig in...

  

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Jan 22, 2021 02:42 PM

DIXON TECHNOLOGIES share price is trading down by 7% and its current market price is Rs 14,753. The BSE CONSUMER DURABLES is down by 1.6%. The top losers are DIXON TECHNOLOGIES (down 6.5%) and SYMPHONY (down 6.6%).

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Jan 22, 2021 02:14 PM

BIOCON share price is trading down by 10% and its current market price is Rs 424. The BSE HEALTHCARE is down by 1.2%. The top gainers in the BSE HEALTHCARE Index are AUROBINDO PHARMA (up 1.7%) and FORTIS HEALTHCARE (up 0.9%). The top losers is BIOCON (down 10.1%).

Jan 22, 2021 02:02 PM

The BSE BANKEX Index Down at 36,433 (down 2.8%). Among the top losers in the BSE BANKEX Index today are RBL BANK, AXIS BANK and FEDERAL BANK. Meanwhile, the BSE Sensex has plunged 1.3% to 49,677.

Jan 22, 2021 12:30 pm

Share markets in India are presently trading on a negative note. The BSE Sensex is trading up by 357 points, up 0.7% at 49,267 levels.

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