Previous Close | 68.40 |
Open | 68.60 |
Bid | 68.60 x 10000 |
Ask | 68.80 x 54000 |
Day's Range | 68.40 - 68.80 |
52 Week Range | 52.40 - 69.60 |
Volume | |
Avg. Volume | 39,102 |
Market Cap | 41.538B |
Beta (5Y Monthly) | 0.93 |
PE Ratio (TTM) | 28.11 |
EPS (TTM) | 2.44 |
Earnings Date | N/A |
Forward Dividend & Yield | 0.06 (0.10%) |
Ex-Dividend Date | Jul 06, 2023 |
1y Target Est | N/A |
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.
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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.