Axis Bank rises as its arm partners with Enparadigm
Axis Bank is currently trading at Rs. 1074.80, up by 16.60 points or 1.57% from its previous closing of Rs. 1058.20 on the BSE.
The scrip opened at Rs. 1067.00 and has touched a high and low of Rs. 1075.95 and Rs. 1063.20 respectively. So far 259441 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1151.50 on 05-Dec-2023 and a 52 week low of Rs. 844.05 on 10-Apr-2023.
Last one week high and low of the scrip stood at Rs. 1080.75 and Rs. 1040.30 respectively. The current market cap of the company is Rs. 332107.69 crore.
The promoters holding in the company stood at 8.20%, while Institutions and Non-Institutions held 83.51% and 8.29% respectively.
Axis Bank’s subsidiary -- Axis Mutual Fund (Axis MF) has partnered with Enparadigm, an AI-driven experiential learning and talent intelligence Solutions Company, for exclusive learning journeys, to elevate the performance and productivity of their frontline, mid and, to an extent, senior employees.
Being one of India's largest fund houses, with assets under management roughly worth Rs 2.6 lakh crore, the company has been committed to providing cutting-edge learning solutions for its workforce. In order to enable their workforce to achieve business excellence while serving their customers nationwide, Enparadigm will provide personalized learning solutions for their employees to help them upskill based on their current and future roles, skill needs and capabilities, and on competencies like personal effectiveness, sales effectiveness, managerial effectiveness, digital transformation, data analytics & business acumen etc. Such holistic development will help in enhancing the productivity of Axis MF teams, which play a pivotal role in shaping the fortunes of the Axis MF brand.
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.