Wednesday, 20 July 2016

Axis Bank cuts base rate by 10 bps

The scrip opened at Rs. 565.75 and has touched a high and low of Rs. 565.75 and Rs. 559.2 respectively.

Axis Bank cuts base rate by 10 bps To 9.35% effective from July 27, 2016.

Axis BankAxis Bank Ltd is currently trading at Rs. 560.25, down by Rs. 3.75 or 0.66% from its previous closing of Rs. 564 on the BSE.

The scrip opened at Rs. 565.75 and has touched a high and low of Rs. 565.75 and Rs. 559.2 respectively. So far 2983379(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 134657.25 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 603 on 20-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. 576.85 and Rs. 551.15 respectively.

The promoters holding in the company stood at 29.71 % while Institutions and Non-Institutions held 57.25 % and 9.47 % respectively.

The stock is currently trading above its 50

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