From The Economic Times · · 1m 10s
Axis Bank Shares Drop 4.15% Today
Axis Bank shares fall 4.15% today as trading volume hits 9.56 million shares.
In brief
Axis Bank shares fall 4.15% today as trading volume hits 9.56 million shares. Axis Bank shares dropped 4.15% today to Rs 1236.50 with trading volume of 9,565,858 shares. Originally reported by The Economic Times.
Axis Bank Share Price Update
Axis Bank shares dropped 4.15% today to Rs 1236.50 with trading volume of 9,565,858 shares.
Current Stock Metrics
Market capitalization: Rs 384,852.05, Price-to-earnings ratio: 12.85, Earnings per share: Rs 96.19.
Recent Price Decline
Axis Bank shares fell 4.31% today to Rs 1234.50 with 7-day simple moving average at Rs 1261.67.
Daily Price Movement
Axis Bank shares declined 4.18% today with 7-day simple moving average at Rs 1265.61.
Anand Rathi Recommendation
Anand Rathi recommends Axis Bank with target price of Rs 1,672.0, potential upside of 35.07%.
PSU Bank Comparison
PSU banks surged 8% after Q2 earnings beat, while Axis Bank fell 4.03%.
Price Below Support Levels
Axis Bank trades below third support level at Rs 1239.00 with 20-day SMA at Rs 1242.39.
Recent Performance
Axis Bank delivered 3.95% monthly return and -1.35% quarterly return.
Technical Indicators
Axis Bank crossed below 100-day SMA and 20-day EMA, signaling potential investor concern.
The big picture
Axis Bank shares dropped 4.15% today to Rs 1236.50 with trading volume of 9,565,858 shares.
