Previous Close | 1,127.35 |
Open | 1,131.40 |
Bid | 0.00 x 0 |
Ask | 1,133.35 x 0 |
Day's Range | 1,122.60 - 1,141.05 |
52 Week Range | 854.10 - 1,151.50 |
Volume | |
Avg. Volume | 964,966 |
Market Cap | 3.489T |
Beta (5Y Monthly) | 0.88 |
PE Ratio (TTM) | 13.30 |
EPS (TTM) | 84.98 |
Earnings Date | Jul 24, 2024 - Jul 29, 2024 |
Forward Dividend & Yield | 1.00 (0.09%) |
Ex-Dividend Date | Jul 11, 2024 |
1y Target Est | 666.77 |
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.