Shares of Axis Bank rose nearly 4% today after HDFC Securities assigned an 18% upside to the stock in two quarters against the last traded price of Rs 710. The banking stock touched an intraday high of Rs 725.75, rising 3.95% on BSE.
Axis Bank share rises 4% post IRDAI nod for stake buy, Max Financial hits new high
Gaining for the second straight day, Axis Bank shares traded 3.11% away from 52 week high of Rs 800. The stock has touched a 52-week low of Rs 285
BusinessToday.In | February 25, 2021 | Updated 15:47 IST
Axis Bank share has gained 17% in a month and 5% in one year. Year-to-date, the stock is up 24%
Shares of Axis Bank traded 4% higher intraday in Thursday s volatile session after the company announced that Insurance Regulatory and Development Authority of India (IRDAI) gave its formal approval for the acquisition of up to 12 per cent stake in Max Life Insurance by Axis Bank and its subsidiaries, Axis Capital & Axis Securities (together Axis Entities).