Axis Bank Limited is an Indian banking and financial services company headquartered in Mumbai, Maharashtra.[7] It sells financial services to large and mid-size companies, SMEs and retail businesses. As of 30 June 2016, 30.81% shares are owned by the promoters and the promoter group (United India Insurance Company Limited, Oriental Insurance Company Limited, National Insurance Company Limited, New India Assurance Company Ltd, GIC, LIC and UTI).[8] The remaining 69.19% shares are owned by mutual funds, FIIs, banks, insurance companies, corporate bodies and individual investors. The bank was founded on 3 December 1993 as UTI Bank, opening its registered office in Ahmedabad and a corporate office in Mumbai.[10] The bank was promoted jointly by the Administrator of the Unit Trust of India (UTI),[11] Life Insurance Corporation of India (LIC), General Insurance Corporation, National Insurance Company, The New India Assurance Company, The Oriental Insurance Corporation and United India Insurance Company. Axis Bank’s subsidiary, Axis Bank UK commenced banking operations. Axis Bank has the largest ATM network among private banks in India.[21][22] It even operates an ATM at one of the world’s highest sites at Thegu, Sikkim at a height of 4,023 meters (13,200 ft) above sea leve .Axis Banks’s equity shares are listed on the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) Axis bank is a participant in RBI’s NEFT enabled participating banks list.[28]
Script Name –AXIS BANK
Expire Date-JULY
Strike Price-720 CE
Buy Price –19
Profit Target-23-38
Stop Loss-15
Call Duration-INTRADAY
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