Tag: Axis Bank shares

Axis Bank said to weigh majority stake sale of $1 billion shadow bank unit – CNBC TV18

[ad_1] India’s Axis Bank Ltd. is considering options for Axis Finance Ltd., including the possible sale of a majority stake in the shadow-bank unit, according to people familiar with the development. Company Value Change %Change The private sector lender is working with an adviser on a strategic review for Axis Finance, the people said, asking […]

Axis Bank shares are a ‘top pick’ for Nomura on inexpensive valuations; check latest price target – CNBC TV18

[ad_1] Axis Bank snapped a three-day gaining streak on Friday, February 21, even after brokerage firm Nomura included the Mumbai-based private lender as one of its top picks. Company Value Change %Change Nomura maintained a “buy” rating on Axis Bank with a price target of ₹1,230, which implies a potential upside of 21% from Thursday’s […]

Axis Bank shares fall 6% after multiple price target cuts on weak Q3 results – CNBC TV18

[ad_1] Shares of Mumbai-based private lender Axis Bank Ltd. fell as much as 6% on Friday, January 17, and are among the top contributors to the downside on the Nifty 50 index, along with Infosys. Company Value Change %Change Axis Bank shares fell after brokerages cut their price target on the stock after it reported […]

Axis Bank shares rise 4% after Q2 results; brokerages turn bullish – CNBC TV18

[ad_1] Shares of Axis Bank surged over 4% on Friday (October 18) to ₹1,180 apiece, as the bank delivered a decent Q2 performance. Net profit rose to ₹6,918 crore, driven by robust core lending income and strong credit demand. The bank’s results prompted brokerages to issue positive calls on the stock. Morgan Stanley gave an […]

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