Axis Bank share price closes at ₹1,234.30; gains 0.68% on October 1

Key Takeaways

• Axis Bank closed at ₹1,234.30, gaining 0.68% on October 1. 
• The closing price remained below the 50-day, 100-day and 200-day DMAs. 
• Six-month and one-year returns remained positive even though one- and three-month performance was negative. 

Axis Bank share price finished October 1 at ₹1,234.30, up 0.68% for the session. The rise did not take the stock above its principal moving averages, which remained clustered between roughly ₹1,250 and ₹1,263. 

The 50-day DMA stood at ₹1,249.50, only about ₹15 above the October 1 close. The 100-day DMA was ₹1,263.40, while the 200-day DMA stood at ₹1,260.50. Less than ₹14 separated the lowest and highest of those three moving-average readings. 

The stock’s 52-week range extended from ₹1,125 to ₹1,418. At ₹1,234.30, Axis Bank finished about ₹109 above the annual low and roughly ₹184 below the high. The close therefore remained somewhat nearer the lower end of that yearly band. 

Recent returns varied considerably by period. The one-month figure was -3.08%, and the three-month return was -9.64%. Six-month performance turned positive at 1.73%, while the one-year return stood at 8.28%. 

Market capitalisation on the individual stock page was around ₹3.82 lakh crore. The moving-average figures were unusually close to each other, particularly the 100-day and 200-day readings, which differed by less than ₹3. 

October 1 produced a positive daily move even though the stock remained below each of those averages. At ₹1,234.30, the closing price was also less than ₹30 away from all three DMA references. 

The one-year return remained the strongest of the displayed return periods. By comparison, the three-month figure was the weakest at -9.64%. 

The session therefore ended with a moderate daily gain, a close below the moving-average cluster and a return profile that was negative in the shorter periods but positive across six months and one year.