Tuesday 28 June 2016

Axis Bank plans to raise Rs.35000 crore

The scrip opened at Rs. 515 and has touched a high and low of Rs. 520.6 and Rs. 513.75 respectively.

Axis Bank
Axis Bank is seeking shareholders approval to raise up to Rs. 35,000 crore via debt.

Axis Bank Ltd is currently trading at Rs. 515.55, up by Rs. 1.3 or 0.25% from its previous closing of Rs. 514.25 on the BSE.

The scrip opened at Rs. 515 and has touched a high and low of Rs. 520.6 and Rs. 513.75 respectively. So far 2955860(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 122753.89 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 613.4 on 16-Jul-2015 and a 52 week low of Rs. 366.65 on 18-Jan-2016. Last one week high and low of the scrip stood at Rs. 528.05 and Rs. 493 respectively.

The promoters holding in the company stood at 29.73 % while Institutions and Non-Institutions held 56.64 % and 10.27 % respectively.

The stock is currently trading above its 50 DMA.

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