Axis Bank Records Rs. 154.80 Crore Block Trade on NSE at Rs. 1398.10 Per Share
Axis Bank recorded a significant block trade on NSE worth Rs. 154.80 crores involving approximately 1,107,186 shares at Rs. 1398.10 per share. The transaction highlights substantial institutional activity and represents a notable large-volume trade in the banking sector.

*this image is generated using AI for illustrative purposes only.
Axis Bank witnessed a significant block trade on the National Stock Exchange (NSE), highlighting substantial institutional activity in the banking stock. The transaction represents one of the notable large-volume trades in the banking sector.
Block Trade Details
The block trade executed on NSE involved substantial volume and value, indicating significant investor interest in the banking stock.
| Parameter: | Details |
|---|---|
| Total Value: | Rs. 154.80 crores |
| Number of Shares: | ~1,107,186 shares |
| Price Per Share: | Rs. 1398.10 |
| Exchange: | NSE |
Market Implications
Block trades are typically executed by institutional investors, mutual funds, or large stakeholders looking to buy or sell substantial quantities of shares without significantly impacting the market price. These transactions are usually pre-negotiated and executed outside the regular market mechanism to ensure minimal market disruption.
The execution price of Rs. 1398.10 per share reflects the negotiated rate for this large-volume transaction. Such trades often provide insights into institutional sentiment and major portfolio adjustments by large investors in the banking sector.
Historical Stock Returns for Axis Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.40% | +1.48% | +11.08% | +30.60% | +38.48% | +81.33% |


































