Axis Bank Limited (AXISBANK.BO)
| Previous close | 1,115.20 |
| Open | 1,123.00 |
| Bid | 1,130.90 x 0 |
| Ask | 1,131.25 x 0 |
| Day's range | 1,118.25 - 1,140.00 |
| 52-week range | 894.20 - 1,182.80 |
| Volume | |
| Avg. volume | 980,521 |
| Market cap | 3.536T |
| Beta (5Y monthly) | 0.88 |
| PE ratio (TTM) | 13.47 |
| EPS (TTM) | 83.97 |
| Earnings date | 24 July 2024 - 29 July 2024 |
| Forward dividend & yield | 1.00 (0.09%) |
| Ex-dividend date | 11 July 2024 |
| 1y target est | 666.77 |
ReutersBain Capital to sell $429 million stake in India's Axis Bank, term sheet shows
MUMBAI (Reuters) -Bain Capital plans to sell stake worth $429 million in Indian private lender Axis Bank on Tuesday, according to a term sheet seen by Reuters. The private equity firm, which first purchased shares in the bank in November 2017, will exit its entire holding with Tuesday's stake sale, a source familiar with the matter told Reuters. Bain Capital will sell about 33.40 million shares of the lender, representing an over 1% stake, at an offer price in the range of 1,071 rupees to 1,076.05 rupees per share, the term sheet showed.
BloombergTroubled Indian Fintech Paytm Wins Reprieve With Axis Deal
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeLargest Covid Vaccine Study Yet Finds Links to Health ConditionsChina Tightens Grip on Stocks With Net Sale Ban at Open, CloseCapital One to Buy Discover for $35 Billion in Top 2024 DealUS Tells Allies Russia May Launch Anti-Satellite Nuclear Weapon Into Space This YearStruggling f
- Reuters
India's Axis Capital loses two senior investment bankers- sources
Two senior investment bankers at India's Axis Capital, including its head of equity capital markets, have resigned in the latest in a series of top-level departures at a time when stock market listings are booming in the country, three sources said. Ashish Kumbhat, who headed the firm's Equity Capital Markets practice, and Amit Jain, a managing director, have decided to leave the firm, the sources said, who declined to be named as the matter is confidential.
