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Axis Bank Shares Fall Over 2%, Market Valuation Falls By Rs 6,412.93 Crore

Axis Bank Shares Fall Over 2%, Market Valuation Falls By Rs 6,412.93 Crore

NDTV
Friday, April 28, 2023 05:29:20 PM UTC

The stock fell by 2.39 per cent to settle at Rs 860 apiece on the BSE. During the day, it went lower by 3.09 per cent to Rs 853.75.

Shares of Axis Bank declined over 2 per cent on Friday after the company reported a Rs 5,361 crore loss on a consolidated basis for the January-March period.

The stock fell by 2.39 per cent to settle at Rs 860 apiece on the BSE. During the day, it went lower by 3.09 per cent to Rs 853.75.

On the NSE, it dipped 2.42 per cent to end at Rs 860 per share. The stock emerged as the biggest laggard on both the BSE Sensex and NSE Nifty.

In volume terms, 3.41 lakh shares of the company were traded on the BSE and over 2.30 crore shares on the NSE during the day. The company's market valuation fell by Rs 6,412.93 crore to Rs 2,64,673.11 crore.

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