Previous Close | 1,024.15 |
Open | 1,013.05 |
Bid | 1,029.50 x 0 |
Ask | 0.00 x 0 |
Day's Range | 995.95 - 1,036.90 |
52 Week Range | 853.75 - 1,151.50 |
Volume | |
Avg. Volume | 975,950 |
Market Cap | 3.178T |
Beta (5Y Monthly) | 0.88 |
PE Ratio (TTM) | 23.88 |
EPS (TTM) | 43.12 |
Earnings Date | Apr 25, 2024 - Apr 29, 2024 |
Forward Dividend & Yield | 1.00 (0.10%) |
Ex-Dividend Date | Jul 07, 2023 |
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.