Previous close | 1,053.95 |
Open | 1,058.00 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 1,048.75 - 1,060.25 |
52-week range | 853.65 - 1,151.85 |
Volume | |
Avg. volume | 10,391,192 |
Market cap | 3.259T |
Beta (5Y monthly) | 0.88 |
PE ratio (TTM) | 24.45 |
EPS (TTM) | 43.18 |
Earnings date | 24 Apr 2024 |
Forward dividend & yield | 1.00 (0.09%) |
Ex-dividend date | 07 Jul 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.