This week, both SBI and Axis Bank displayed varied stock performances. Here’s an analysis of their weekly movements, offering insights for investors.
| Metrics | SBI | Axis Bank |
|---|---|---|
| Weekly Change | +3.32% | +0.63% |
| Closing Price (Nov 8) | ₹841.10 | ₹1,161.40 |
| Market Cap | ₹7.52 Trillion | ₹3.59 Trillion |
| P/E Ratio | 11.06 | 12.93 |
| Dividend Yield | 1.63% | 0.09% |
| Year Range | ₹555.15 – ₹912.00 | ₹980.35 – ₹1,339.65 |
Highlights:
- SBI recorded a robust weekly gain of 3.32%, closing at ₹841.10, with a day range of ₹834.20 to ₹863.50 on November 8.
- Axis Bank showed a modest increase of 0.63%, ending at ₹1,161.40 on November 8, with a day range between ₹1,151.10 and ₹1,167.75.
- While SBI has a higher dividend yield of 1.63% and a lower P/E ratio, Axis Bank’s stock price remains higher.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Investors are advised to perform their own research or consult with a financial advisor before making any investment decisions.