Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. India
  4. Bombay Stock Exchange
  5. Axis Bank Limited
  6. News
  7. Summary
    532215   INE238A01034

AXIS BANK LIMITED

(532215)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Sensex, Nifty close at record highs as services sector picks up in January

02/03/2021 | 05:54am EDT
Man reacts as he looks at screen displaying Sensex results on BSE building in Mumbai

BENGALURU (Reuters) - Indian shares ended at record closing highs on Wednesday, extending a post-budget rally on gains in financial stocks after a survey showed that the country's dominant services sector picked up in January.

The NSE Nifty 50 index rose 0.97% to 14,789.95, while the benchmark S&P BSE Sensex was up 0.92% at 50,255.75. Both the indexes touched record intra-day highs earlier in the session after rising as much as 1.5% and 1.46% respectively.

The Nikkei/IHS Markit Services Purchasing Managers' Index rose to 52.8 in January from 52.3 in December, staying above the 50-level mark separating growth from contraction for the fourth straight month.

Home loan provider Housing Development Finance Corp rose 1.7% and was the top boost to the index.

Gains in lenders HDFC Bank and Axis Bank of 0.9% and 2.7% helped the Nifty Bank index end the day 1.4% higher.

Venky's, the country's biggest poultry producer, jumped as much as 16% after swinging to a profit of 1.07 billion rupees in the third quarter.

Drugmaker Dr.Reddy's Laboratories, which has a partnership to distribute Russia's Sputnik V coronavirus vaccine in India, ended the day 3.7% higher after the company said it will seek emergency-use authorisation for the vaccine by next month.

Personal care products maker Bajaj Consumer Care rose 20% after its quarterly profit rose 17.5% to 573 million rupees.

Shares in Future Retail fell 5% after a court blocked Future Group's retail asset sale to Mukesh Ambani-led conglomerate Reliance Industries on objections raised by U.S. e-commerce giant Amazon.com Inc.

That prompted Future to warn that if it is unable to sell the assets, $4 billion in bank loans and debentures would be at risk, pushing its retail unit into insolvency.

(Reporting by Philip George in Bengaluru; Editing by Shailesh Kuber and Maju Samuel)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
AXIS BANK LIMITED -1.74% 798.2 End-of-day quote.28.67%
BAJAJ CONSUMER CARE LIMITED -0.79% 257.55 End-of-day quote.20.27%
DR. REDDY'S LABORATORIES LIMITED -0.07% 4792.8 End-of-day quote.-7.90%
FUTURE RETAIL LIMITED -0.83% 47.55 Delayed Quote.-39.58%
HDFC BANK LIMITED 2.01% 1601.55 End-of-day quote.11.51%
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED 0.73% 2838.45 End-of-day quote.10.94%
NIFTY 50 0.17% 17853.2 Delayed Quote.27.69%
NIFTY BANK 0.16% 37830.3 Delayed Quote.21.00%
NIKKEI 225 2.06% 30248.81 Real-time Quote.10.22%
RELIANCE INDUSTRIES LTD -0.29% 2482.7 Delayed Quote.25.05%
SENSEX 30 0.27% 60048.47 Real-time Quote.25.41%
VENKY'S (INDIA) LIMITED -0.30% 2981.35 End-of-day quote.70.76%
All news about AXIS BANK LIMITED
09/23JSW STEEL : Files for Singapore Listing of Bonds Worth $1 Billion
MT
09/23Indian shares gain 1% as metal, banking stocks rally
RE
09/15GENERAL ANNOUNCEMENT : :re-classification to public category from promoter category
PU
09/09Indian shares end flat as gains in Nestle, Airtel offset financials' losses
RE
09/09Indian shares muted as energy stocks offset tech, financial losses
RE
09/08GENERAL ANNOUNCEMENT : :MTN Allotment Intimation
PU
09/08Axis Bank to List $600 Million of Bonds in Singapore
MT
09/07AXIS BANK : CARE Ratings Maintains AAA Rating on Axis Bank's Bonds; Keeps Stable Outlook
MT
09/07GENERAL ANNOUNCEMENT : :re-classification of promoter
PU
09/07GENERAL ANNOUNCEMENT : :CARE Ratings Action
PU
More news
Analyst Recommendations on AXIS BANK LIMITED
More recommendations
Financials
Sales 2022 507 B 6 870 M 6 870 M
Net income 2022 135 B 1 832 M 1 832 M
Net Debt 2022 - - -
P/E ratio 2022 18,1x
Yield 2022 0,77%
Capitalization 2 448 B 33 162 M 33 161 M
Capi. / Sales 2022 4,83x
Capi. / Sales 2023 4,20x
Nbr of Employees 80 250
Free-Float 94,6%
Chart AXIS BANK LIMITED
Duration : Period :
Axis Bank Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AXIS BANK LIMITED
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Mean consensus -
Number of Analysts 0
Last Close Price 798,20 
Average target price
Spread / Average Target -
EPS Revisions
Managers and Directors
Amitabh Chaudhry Chief Executive Officer, Director & MD
Puneet Sharma President & Chief Financial Officer
Rakesh Makhija Non-Executive Chairman
Bimal Bhattacharyya Chief Compliance Officer
Ketaki Bhagwati Independent Non-Executive Director
Sector and Competitors