Brokerage reports on Infosys: CITI: They have a neutral view with a target price of Rs 1960. Infosys had a decent Q2 with 3.1% growth […]
Tag: Axis Bank
Brokerages on HDFC Bank, Bank of Baroda, RBL Bank, L&T Finance, IndusInd Bank, Sun Pharma, Federal Bank, AU Small Finance, Bandhan Bank, and MacroTech Developers
Morgan Stanley on HDFC Bank: Buy rating with a target price of ₹1850. Steady deposit growth YoY. End-of-period deposits rose 5% QoQ, while average deposits […]
SEBI Halts Axis Capital Debt Merchant Banking Over Regulatory Violations
The Securities and Exchange Board of India (SEBI) has taken strong action against Axis Capital by suspending its role as a merchant banker for debt […]
Indian Markets Extend Winning Streak to 8 Weeks; Pharma Leads Gains While Financials Weaken
Indian stock market has experienced gains for eight consecutive weeks, marking the longest winning streak in seven years. On Friday, the Sensex and Nifty both […]
Bain Capital Plans $429 Million Stake Sale in Indian Lender Axis Bank
Bain Capital intends to divest a stake valued at $429 million in Axis Bank, an Indian private lender. Having initially acquired shares in November 2017, […]
Axis Bank’s Governance Queries: Seeking SEBI’s Guidance on Subsidiary Oversight
SEBI has opted not to provide a response to Axis Bank’s application regarding the governance structure, where Axis sought guidance on whether the arms’ governance […]
Block Deal in Axis Bank: Co Announces Secondary Offering of 33.4 Million Shares via Accelerated Bookbuild at INR 1,109.00 per Share
Axis Bank Ltd. is set to undertake a secondary offering of approximately 33.4 million shares through an accelerated bookbuild offering. The issuer, Axis Bank Ltd., […]