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Axis Bank market cap touches Rs 1 lakh crore

Axis Bank has achieved a market capitalization of more than Rs 1 lakh crore. On Friday, the bank’s shares touched Rs 437 on the BSE, taking its market value to Rs 1,03,154 crore. The bank is at the 19th position in overall market cap ranking, and the list includes HDFC Bank, State Bank of India and ICICI Bank. With the addition of Axis Bank and Maruti Suzuki India on Friday, total companies having m-cap of more than Rs 1 lakh crore is now 20. There are four companies each from information technology and banking sectors and two each from automobiles, fast moving consumer goods and oil and gas sectors are in the list.

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