Axis Bank Shares Worth ₹181 Crores Change Hands in Two Major Block Deals
Axis Bank witnessed two significant block deals on the National Stock Exchange (NSE), involving approximately 1.71 million shares valued at ₹181.00 crores. The first transaction involved 1,022,364 shares at ₹1,057.40 per share, totaling ₹108.10 crores. The second deal comprised 686,937 shares at ₹1,061.20 per share, amounting to ₹72.90 crores. These large-scale transactions indicate strong investor interest in Axis Bank's stock.

*this image is generated using AI for illustrative purposes only.
Axis Bank , one of India's leading private sector banks, witnessed significant trading activity on the National Stock Exchange (NSE) with two substantial block deals. These transactions, involving a total of approximately 1.71 million shares, were valued at ₹181.00 crores, highlighting strong investor interest in the bank's stock.
Block Deal Details
The trading activity consisted of two separate block trades:
First Transaction:
- Number of shares: 1,022,364
- Total value: ₹108.10 crores
- Price per share: ₹1,057.40
Second Transaction:
- Number of shares: 686,937
- Total value: ₹72.90 crores
- Price per share: ₹1,061.20
Transaction Summary
Transaction | Shares Traded | Value (₹ Crores) | Price per Share (₹) |
---|---|---|---|
First | 1,022,364 | 108.10 | 1,057.40 |
Second | 686,937 | 72.90 | 1,061.20 |
Total | 1,709,301 | 181.00 | - |
These block deals represent a significant volume of Axis Bank shares changing hands in a single day. Block deals are typically large-scale transactions between two parties, often institutional investors, and can indicate substantial interest in a company's stock.
The slight difference in the share prices between the two transactions (₹1,057.40 in the first deal and ₹1,061.20 in the second) suggests a minor uptick in the stock price during the trading session.
While the identities of the buyers and sellers involved in these block trades have not been disclosed, such large transactions often attract attention from market analysts and investors, as they can sometimes signal shifts in institutional holdings or market sentiment towards the stock.
Axis Bank, known for its strong presence in the Indian banking sector, continues to be a focus of investor interest. These block deals underscore the liquidity and trading activity surrounding the bank's shares on the NSE.
Historical Stock Returns for Axis Bank
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.56% | -2.18% | -9.45% | +6.44% | -9.37% | +154.56% |