Previous close | 1,175.35 |
Open | 1,167.75 |
Bid | 1,177.60 x 0 |
Ask | 0.00 x 0 |
Day's range | 1,154.80 - 1,183.20 |
52-week range | 921.00 - 1,339.55 |
Volume | |
Avg. volume | 319,335 |
Market cap | 3.64T |
Beta (5Y monthly) | 0.94 |
PE ratio (TTM) | 13.70 |
EPS (TTM) | 85.96 |
Earnings date | 23 Oct 2024 - 28 Oct 2024 |
Forward dividend & yield | 1.00 (0.08%) |
Ex-dividend date | 12 Jul 2024 |
1y target est | 666.77 |
BENGALURU (Reuters) -Axis Bank's shares fell about 5% on Thursday, a day after it reported a smaller-than-expected first-quarter profit on higher provisions for bad loans. India's third-largest private bank by market capitalisation said the funds kept aside to cover potential bad loans and losses from any unforeseen events rose 97% from a year earlier. Axis Bank shares have risen 12.4% year-to-date as of last close, the fifth-most gainer among 12 stocks in the bank index, which is up 6.3%.
BENGALURU (Reuters) -Indian shares ended little changed on Thursday, as gains in Larsen and Toubro offset the drag from weaker-than-expected results by Axis Bank and Nestle India. The NSE Nifty 50 slipped 0.03% to 24,406.1 points, while the S&P BSE Sensex settled 0.14% lower at 80,039.8. Axis Bank retreated 5%, the most on the Nifty, after reporting a smaller-than-expected quarterly profit.
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.