Axis Bank share price ends at ₹1,257, gains 1.37% on September 18

Key Takeaways

• Axis Bank finished at the day’s high of ₹1,257 after rising 1.37%, with only ₹16 separating the session high and low. 
• The closing price was within ₹13.60 of all three displayed moving averages and only ₹2.50 below the 50-day DMA. 
• The stock sat almost centrally within its 52-week range, ending ₹136 above the annual low and ₹161 below the high. 

Axis Bank share price ended September 18 at ₹1,257, up ₹17 or 1.37% from the previous close of ₹1,240. The closing value matched the displayed session high. Axis Bank had opened at ₹1,244 and touched a low of ₹1,241, so the high-low range was ₹16. From the opening price to the close, the stock added ₹13. 

The moving-average readings were tightly grouped around the final price. The 50-day DMA was ₹1,259.50, just ₹2.50 above the close. The 200-day DMA was ₹1,263.60, a difference of ₹6.60, while the 100-day DMA was ₹1,270.60 and sat ₹13.60 above the closing level. That clustering made the moving-average comparison narrower than for many other constituents on the same date. 

Axis Bank recorded volume of 5,772,807 shares and a market capitalisation of ₹3,91,366 crore. Its 52-week low was ₹1,121 and the high was ₹1,418. The September 18 closing price was ₹161 below the 52-week high and ₹136 above the low, placing it almost midway between those two annual reference values. 

The return figures varied by period. One month was positive at 2.42%, while the three-month return was -6.95%. The six-month reading returned to positive territory at 2.35%, and the one-year return was 11.63%. The one-month and six-month figures were separated by only 0.07 percentage points, despite the negative three-month number between them. 

Price action within the session was relatively compact. The opening price was ₹3 above the low, and the stock eventually closed ₹16 above that low. The final ₹1,257 price also sat below all three displayed DMAs, though only marginally below the 50-day level. For September 18, the numerical emphasis is the 1.37% gain, a close at the session high and the unusually small gaps between the final price and the 50-day and 200-day moving averages. 

The annual range was also balanced around the closing price more closely than many of the day’s other comparisons. The ₹136 distance above the 52-week low was only ₹25 smaller than the ₹161 gap to the 52-week high. Within the session, however, the distribution was much less balanced because the close equalled the displayed high. Volume exceeded 5.7 million shares. The final price was ₹17 above the previous close and ₹13 above the opening level, while the low never fell below ₹1,241. 

The 100-day DMA at ₹1,270.60 was the highest of the three averages, sitting ₹13.60 above the September 18 close.