Axis bank share

Axis Bank Ltd. engages in the provision of financial solutions to retail, small and medium enterprises, government, and corporate businesses. It operates through the following segments: Treasury, Retail Banking, Corporate or Wholesale Banking, and Other Banking Business. The Treasury segment includes investments in sovereign and corporate debt, equity and mutual funds, trading operations, derivative trading and foreign exchange operations on the proprietary account and for customers and central funding. The Retail Banking segment constitutes lending to individuals or small businesses subject to the orientation, product and granularity criterion and also includes low value individual exposures not exceeding the threshold limit. It also covers liability products, card services, internet banking, ATM services, depository, financial advisory services and NRI services. The Corporate or Wholesale Banking segment involves in corporate relationships, advisory services, placements and syndication, management of public issue, project appraisals, capital market related and cash management services. The Other Banking Business segment encompasses para banking activities such as third party product distribution and other banking transactions. The company was founded on December 3, 1993 and is headquartered in Mumbai, India. Excellent Price action 1. Breakout of multiple resistance 2. Retested the level perfectly -- meaning Resistance turned into support 3. Good 1:3 Risk reward Opportuni...

Axis Bank Limited Quick Overview Axis Bank Limited (the Bank) is an India-based company that is engaged in the banking and financial services. The Bank's segments include Treasury, Retail Banking and Corporate/Wholesale Banking. The Treasury segment includes investments in sovereign and corporate debt, equity and mutual funds, trading operations, derivative trading and foreign exchange operations and offers a central funding unit. The Retail Banking segment constitutes lending to individuals/small businesses through the branch network and other delivery channels subject to the orientation, nature of product, granularity of the exposure and the quantum thereof. The Corporate/Wholesale Banking segment includes corporate relationships not included under Retail Banking, corporate advisory services, placements and syndication, project appraisals, capital market-related services, and cash management services. It also offers para banking activities, including third-party product distribution and other banking transactions. About Axis Bank The third-largest private sector bank in India, Axis Bank offers a complete spectrum of financial services and tools to customers ranging from Mid to Large sized corporations, MSME, individuals, agriculture, and retail businesses.Headquartered in Mumbai, the corporation takes pride in its large network of over 4,750 branches 10,000 ATMS peppered across India. As of March 2022, the bank also had 6 Virtual Centres and over 1,500 Virtual Relationsh...

Shares of Axis Bank slipped nearly 3% in early trade on Tuesday even after the private sector lender reported better-than-expected earnings in the December quarter of the current fiscal. The banking heavyweight snapped five-session gaining streak as investors resorted to profit booking at high levels. Axis Bank share price touched its 52-week high of ₹970.45touched on January 4, 2023, while it hit a 52-week low of ₹618.10 on May 23, 2022. Reacting to Q3 earnings, Axis Bank shares opened marginally higher at ₹934.25 against the previous closing price of ₹933.35 on the BSE. The stock soon slipped into negative terrain and dropped as much as 2.7% to ₹908.05, while the market capitalisation decreased to ₹2.79 lakh crore. On the volume front, there was surge in selling activities as 1.9 lakh shares changed hands over the counter on the BSE compared with the two-week average volume of 1.2 lakh stocks. Axis Bank shares have outperformed the BSE benchmark Sensex and S&P BSE Bankex in terms of one year returns. The banking major has risen 28% in the last 12 months as compared to 3.5% and 13% gain in Sensex and Bankex index, respectively. The largecap stock has given a return of 24.5% in six months and 1.5% in the past three months. In the last one month, the stock has fallen 2%, while it shed 1% in a week. In the long term horizon, Axis Bank has given a subdued return of 8% in three years and five years, respectively. In a post hour earnings release on Monday, Axis Bank reported a ...