Axis Bank surges on inking MoU with Food Corporation of India
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Axis Bank is currently trading at Rs. 772.85, up by 7.40 points or 0.97% from its previous closing of Rs. 765.45 on the BSE.
The scrip opened at Rs. 773.05 and has touched a high and low of Rs. 773.35 and Rs. 766.15 respectively. So far 127797 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. 618.10 on 23-Jun-2022.
Last one week high and low of the scrip stood at Rs. 773.35 and Rs. 742.00 respectively. The current market cap of the company is Rs. 236127.30 crore.
The promoters holding in the company stood at 9.70%, while Institutions and Non-Institutions held 78.05% and 12.25% respectively.
Axis Bank has signed an MoU with Food Corporation of India (FCI) to provide ‘Ultima Salary package’, a best-in-class salary account with exclusive benefits & features to all its employees. With this MoU, the Bank has reinstated its commitment towards offering holistic banking services to the employees of Public Sector Undertakings (PSU) sector.
This MOU is a reflection of Axis Bank’s constant endeavour to address the banking requirements of different customer segments, helping them meet their financial aspirations & milestones.
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.
