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Axis Bank is currently trading at Rs. 686.55, up by 1.15 points or 0.17% from its previous closing of Rs. 685.40 on the BSE.

The scrip opened at Rs. 683.00 and has touched a high and low of Rs. 690.50 and Rs. 681.05 respectively. So far 126752 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 866.60 on 25-Oct-2021 and a 52 week low of Rs. 630.80 on 16-May-2022.

Last one week high and low of the scrip stood at Rs. 697.90 and Rs. 668.00 respectively. The current market cap of the company is Rs. 210437.84 crore.

The promoters holding in the company stood at 9.70%, while Institutions and Non-Institutions held 77.43% and 12.73% respectively.

Axis Bank and Max Life Insurance have completed twelve years of bancassurance partnership. On this milestone, the companies are aiming to enhance their distribution network in this fiscal.

In FY21-22, Axis Bank together with its subsidiaries have acquired 12.99 percent stake in the Company. The joint venture served as a milestone in Max Life’s journey towards empowering customers with holistic insurance products. The synergies have resulted in a strategic push towards selling products such as protection, which is the need of the hour for Indian consumers.

Over these twelve years, Max Life and Axis Bank have worked towards the ambition of becoming the most admired bancassurance partnership in India. This commitment reaffirms their joint belief in customer obsession to bring customer delight through expanded seller outreach, enhanced by building smart journeys and innovative solutions that will help increase life insurance penetration in the country.

Axis Bank is the third largest private sector bank in India. The bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.