Axis Bank share price rises 1.48% to ₹1,241 on September 16

Key Takeaways

• Axis Bank gained ₹18.10 or 1.48% to finish at ₹1,241, with the close ₹12 below the session high and ₹17 above the low. 
• Its 50-day, 100-day and 200-day DMAs were grouped between ₹1,261.10 and ₹1,271.80, all above the closing price. 
• One-year return stood at 12.37%, while the three-month reading remained negative at -9.30%. 

Axis Bank share price closed September 16 at ₹1,241, up ₹18.10 or 1.48%. The performance table showed the previous close at ₹1,223. It opened at ₹1,230, reached ₹1,253 and traded as low as ₹1,224 before the end of the session. 

The ₹29 high-low range was wider than the ₹11 gain from opening price to close. Axis Bank finished ₹17 above the low and ₹12 below the high. Volume reached 5,895,634 shares. Market capitalisation stood at ₹3,86,376 crore. 

Its main moving averages were gathered within a narrow ₹10.70 band above the closing price. The 50-day DMA stood at ₹1,261.10, or ₹20.10 higher than the close. The 200-day DMA was ₹1,264, leaving a ₹23 difference. The 100-day figure came in at ₹1,271.80, which was ₹30.80 above the final September 16 value. 

Axis Bank's 52-week low was ₹1,104 and its high ₹1,418. The ₹1,241 closing price was ₹137 above the low and ₹177 below the high. The session high of ₹1,253 remained ₹165 beneath the annual peak. Its full-year price band measured ₹314. 

Returns moved between positive and negative readings depending on the period. One month was 1.94%, while three months stood at -9.30%. Six months was positive again at 3.65%. The one-year return reached 12.37%, putting 21.67 percentage points between the three-month and one-year figures. 

September 16 itself brought a 1.48% gain and a close in the upper half of the day's range. Even after that rise, Axis Bank remained below each of its three displayed DMAs. The gaps were relatively modest, however, with less than ₹31 separating the closing price from any of those averages. That differed from the much wider spread visible across the stock's recent return periods.