Stock Name – Axis Bank Ltd
Listed Exchange: NSE, BSE
NSE Code- AXISBANK
P/E or Price to Equity Ratio: 10.74
EPS or Earnings per Share: 120.91
P/B or Price to book value ratio: 1.84
Market Capitalization: Rs. 60,950 crore
Current Price on NSE – 1303
52 Week Low – 763.40
52 Week High – 1549.90
Our Review of Axis bank Stock
Axis bank is one of the leaders in the country’s growing private banking sector. If you would have invested in this stock in 2003, you would have invested at a level of 132.50. The stock has appreciated by 10 times in these 10 years. These are phenomenal returns.
HDFC, Reliance and UTI mutual funds have good amount of stake in the axis bank stock. It has got strong financials. The stock is definitely a buy for the long term.