INDIA MARKET LENS
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Meet Rahul Shukla. Axis Bank appoints former HDFC Bank veteran to lead Commercial, Bharat Banking

Axis Bank convened.

· LiveMint Companies

The appointment brings an experienced banking professional into a key role at Axis Bank, which serves businesses and customers across multiple segments of the Indian banking market.

Against that, the stock is -0.7% on the day at ₹1,217.00, and has returned -1.0% over three months. It sits 13% below its 52-week high. The banks sector has moved -6.0% over the same period, so Axis Bank is running 5.0 points ahead of its peers.

For Axis Bank, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.

  • In focus: Axis Bank (AXISBANK), in Banks.
  • On the day, 1 of 2 are higher: HDFC Bank leads at +1.4% and Axis Bank trails at -0.7%.
  • Over three months: Axis Bank -1.0% against Banks -6.0% (5.0 points ahead); HDFC Bank -8.1% against Banks -6.0% (2.1 points behind).
  • At least 25% below the 52-week high: HDFC Bank (31%).
Figures for the companies in this story
CompanyPriceDay1M3MFrom 52-wk highVolume vs 20-dayMarket cap
Axis BankAXISBANK · Banks₹1,217.00-0.7%-0.7%-1.0%-13.3%0.5×—
HDFC BankHDFCBANK · Banks₹692.80+1.4%-2.2%-8.1%-31.4%0.7×—

Banks

1M -3.4% · 3M -6.0%

Axis Bank, HDFC Bank

Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.