Axis Bank surges on partnering with Flipkart to launch `Super Elite Credit Card`
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Axis Bank is currently trading at Rs. 878.60, up by 3.75 points or 0.43% from its previous closing of Rs. 874.85 on the BSE.
The scrip opened at Rs. 877.25 and has touched a high and low of Rs. 879.70 and Rs. 876.40 respectively. So far 67999 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 919.95 on 27-Oct-2022 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. 879.70 and Rs. 855.20 respectively. The current market cap of the company is Rs. 270027.81 crore.
The promoters holding in the company stood at 9.69%, while Institutions and Non-Institutions held 78.36% and 11.94% respectively.
Axis Bank and Flipkart have partnered to launch the ‘Super Elite Credit Card’. In an effort to scale the Flipkart SuperCoins reward programme and enhance the customer shopping experience, this card will serve extensive value to shoppers. Following the three million milestone recently achieved for the existing Flipkart Axis Bank Credit Card, this partnership enables yet another avenue for customers on the platform to unlock and enjoy unique rewards.
The Super Elite Credit Card will offer an activation benefit of 500 Flipkart SuperCoins with 4X SuperCoins earned for every transaction and rewards up to Rs 20,000 across Flipkart, Myntra, Flipkart Health+, Cleartrip, and Flipkart Hotels.
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.
