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BSE   20 Apr 18 | 12:00 AM

505.85 -7.65 (-1.49%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 532215
Face Value: N.A.

NSE   20 Apr 18 | 12:00 AM

505.70 -7.2 (-1.4%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: AXISBANK
Performance
1 Week : Rs 541.90 (-6.65%)
1 Month : Rs 525.35 (-3.71%)
1 Year : Rs 485.80 (4.13%)
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Axis Bank top Sensex gainer as it raises funds worth $10 million

SI Reporter / New Delhi 28 Mar 17 | 11:57 AM

Shares of Axis Bank rose nearly 3% after the private sector bank informed the bourses that it has raised senior notes in the international market.


Reacting to the development, the stock gained as much as 2.6% to Rs 450 on the BSE, and was the leading Sensex gainer. 

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On the BSE, 85 lakh shares exchanged hands on the counter as compared to its two-week average of 13 lakh shares.


Axis Bank said that its board of directors passed a resolution approving the allotment of 3 year senior floating rate notes aggregating to $10 million under the medium term note (MTN) programme through its Dubai International Financial Centre (DIFC) branch. 


The stock had hit a 52-week high of Rs 638 on 7 September 2016 and a 52-week low of Rs 417 on 11 April 2016. 


The stock underperformed the market over the past one month till Monday's closing, sliding over 4 as compared to over 1% gains on Sensex. The scrip marginally underperformed the market over the past one quarter, gaining 11.37% against the Sensex's 11.53% rise.

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Sensex

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