Axis Bank is currently trading at Rs. 529.50, up by 0.65 points or 0.12% from its previous closing of Rs. 528.85 on the BSE.
The scrip opened at Rs. 531.20 and has touched a high and low of Rs. 535.00 and Rs. 526.80 respectively. So far 242956 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 638.00 on 07-Sep-2016 and a 52 week low of Rs. 424.60 on 10-Jan-2017.
Last one week high and low of the scrip stood at Rs. 547.00 and Rs. 525.00 respectively. The current market cap of the company is Rs. 126882.98 crore.
The promoters holding in the company stood at 30.05%, while Institutions and Non-Institutions held 59.26% and 10.69% respectively.
Axis Bank has entered into a Share Purchase Agreement (SPA) with Jasper Infotech (Snapdeal), to acquire 100% equity capital of Accelyst Solutions (Accelyst) & Freecharge Payment Technologies (FPTPL) (Accelyst and FPTPL collectively referred to as Freecharge), subject to receipt of requisite regulatory approvals, including from the RBI, for a cash consideration of Rs 385 crore.
Accelyst is primarily engaged in the business of payment processing services. FPTPL is primarily engaged in the business of operating payment system for semi-closed prepaid payment instruments and gift vouchers under the license issued by the Reserve Bank of India. Together, Accelyst and FPTPL form a digital payments business.
Axis Bank is the third largest private sector bank in India. The bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.
Company Name | CMP |
---|---|
HDFC Bank | 1507.20 |
ICICI Bank | 1090.25 |
Axis Bank | 1057.50 |
Indusind Bank | 1473.00 |
Kotak Mahindra Bank | 1813.70 |
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