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The bank’s shares closed just 28.45 rupees below its 52-week high of 1,047.45 rupees, a level it reached on September 20, 2023. The performance of Axis Bank Ltd.’s shares was relatively mixed compared to other banking stocks traded on the same day. Shares of the State Bank of India dipped by 0.69% to close at 594.05 rupees, while ICICI Bank Ltd.’s shares saw an increase of 0.64%, ending at 956.35 rupees.
In terms of trading volume, Axis Bank Ltd.’s was significantly lower than its average over the past 50 days. The total number of shares traded on Monday stood at 66,821, falling short by 149,482 shares compared to the average volume of 216,303.
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