Axis Bank shares nosedive 7% post Q1; tumble 11% in five sessions
Axis Bank’s Q1 earnings missed estimates, due to higher credit costs as well as higher slippages, which pushed GNPA higher.
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Axis Bank extends tenure of MD & CEO for 3 more years
Amitabh Chaudhry will serve three more years at the helm of the private lender
Axis Bank shares edge lower amid block deal; Bain Capital likely seller
The U.S.-based private equity firm Bain Capital looks to exit from Axis Bank by selling its remaining stake at ₹1,071- ₹1,076.05 per share via block deal today.
Axis Bank, Max Financial shares in focus after clarification on Swamy’s allegation
Both the companies have refuted Subramanian Swamy’s allegation, saying that they obtained all necessary regulatory approvals for the Axis Bank-Max Life deal.
Axis Bank, Max Financial shares fall after Subramanian Swamy's '₹5,100 cr scam' allegation
Swamy has alleged that the Axis Bank-Max Life deal violated the mandatory directions of the IRDAI.
Axis Bank shares tank 6% post Q3; here’s why
Axis Bank’s Q3 profit of ₹6,071 crore was slightly short of the market expectations, while NII was mostly in line with projections.
Axis Bank shares drop 2% amid block deal buzz
Bain Capital is reportedly looking to sell another 1.1% stake worth $444 million in Axis Bank at a floor price of ₹1,109 per share.
Axis Bank shares trade choppy amid block deal buzz
U.S. based private investment firm Bain Capital is likely to sell its stake worth $267 million at a floor price range of ₹966-₹977.70 per share via block deal.
Axis Bank shares fall 3% after govt sells its entire stake
The specified undertaking of the unit trust of India (SUUTI), under the government of India, will sell 4,65,34,503 equity shares or 1.55% stake in the private lender.
Why Axis Bank shares fell 7% despite robust Q4 earnings?
Post Q4 results, brokerages have maintained a “buy” rating on Axis Bank stock, expecting a potential upside of up to 35% from current price levels.
