If you’re looking for a comprehensive guide to Axis Bank, look no further! In this article, we’ll cover everything you need to know about this Indian financial institution, from its history and products to its latest news and developments.
What is the current share price of Axis Bank
Axis Bank is one of the leading banks in India with a strong focus on retail and corporate banking. The current share price of Axis Bank is Rs. 495.80.
The bank has a wide network of branches and ATMs across the country and offers a range of products and services to its customers. Axis Bank has a strong focus on providing excellent customer service and offers a variety of channels through which customers can get in touch with the bank.
The bank has been consistently growing its deposits and advances, and has reported a Profit after Tax (PAT) of Rs. 5,682 crore for the financial year 2016-17. The current share price reflects the strong performance of the bank and its prospects for future growth.
What was the opening share price of Axis Bank today
The opening share price of Axis Bank today was Rs. 749.40. This is a good time to buy Axis Bank shares because the bank is doing well and is expected to continue to do well in the future. The share price is likely to go up, so this is a good time to invest.
What is the 52-week high for Axis Bank shares
Axis Bank shares hit a 52-week high on Monday, driven by strong investor sentiment after the Reserve Bank of India (RBI) allowed banks to raise additional Tier-1 capital through Basel III-compliant bonds.
The RBI’s move is seen as positive for Axis Bank as it will help the lender shore up its capital ratios. Axis Bank’s shares have been on an upward trend in recent months, fuelled by expectations of a recovery in corporate loan growth.
The stock hit a high of Rs 713.50 on Monday, before paring some gains to trade at Rs 709.80 at the close. Axis Bank has gained nearly 21% since the beginning of this year.
What is the 52-week low for Axis Bank shares
The 52-week low for Axis Bank shares is Rs. 744.15, which was recorded on October 10, 2019.
How many shares of Axis Bank are traded daily
According to the Bombay Stock Exchange, on average, 13,764,258 shares of Axis Bank are traded daily. This number can fluctuate depending on a variety of factors, including economic conditions and news events.
What is the market capitalization of Axis Bank
As of June 2019, the market capitalization of Axis Bank is Rs. 1,294 billion. Axis Bank is one of the largest banks in India in terms of assets and market capitalization. The bank has a strong presence in retail, corporate, and SME banking.
What is the sector of Axis Bank
Axis Bank is a leading banking and financial services institution in India. It offers a wide range of products and services to retail and corporate customers. The bank has a strong presence in the country with over 3,000 branches and 11,000 ATMs. Axis Bank is one of the few banks in India that offer a complete suite of banking products and services. The bank has a wide range of products and services for both retail and corporate customers. The bank also provides a number of value-added services such as safe deposit locker facility, remittances, forex services, etc. Axis Bank is one of the largest private sector banks in India with a strong focus on customer service. The bank has a team of dedicated and experienced professionals who are committed to providing the best possible service to its customers. Axis Bank is a technology-driven bank and has been at the forefront of introducing new and innovative products and services. The bank was one of the first to introduce mobile banking in India and has been constantly innovating to make banking more convenient and accessible for its customers.
Who are the competitors of Axis Bank
1. Axis Bank is one of the leading banks in India and its main competitors are State Bank of India, HDFC Bank, and ICICI Bank.
2. These three banks hold a dominant position in the Indian banking sector and together control a large share of the market.
3. Axis Bank has been able to compete effectively against these larger rivals by offering a wide range of products and services, as well as a strong focus on customer service.
4. The bank has also been aggressive in expanding its branch network and increasing its presence in rural and semi-urban areas.
5. Axis Bank’s main competitors are well-established players with significant resources, but the bank has been able to compete effectively by offering a differentiated product range and superior customer service.
What is the dividend yield of Axis Bank shares
When it comes to investments, there are a lot of things to consider. But one important metric is the dividend yield – which is simply the percentage of a company’s stock price that is paid out in dividends. And for Axis Bank shares, the dividend yield is a healthy 3.3%.
So what does that mean for investors? Well, a higher dividend yield usually indicates that a company is doing well and is able to pay out more of its profits to shareholders. And in the case of Axis Bank, it’s also a sign that the bank is confident about its future prospects.
So if you’re looking for a solid investment with a good dividend yield, then Axis Bank shares could be worth considering.
When is the next earnings release date for Axis Bank
The next earnings release date for Axis Bank is on April 27, 2021.