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UBS Principal Capital Asia sells Axis Bank’s shares worth Rs 255 crore

25 Sep 2021 Evaluate

UBS Principal Capital Asia has sold Axis Bank's shares worth nearly Rs 255 crore through an open market transaction. According to block deal data on BSE, 32.14 lakh scrips were offloaded at an average price of Rs 793.1 apiece. This translates to a total deal value of Rs 254.9 crore.

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.

Peers
Company Name CMP
HDFC Bank 735.80
ICICI Bank 1326.50
Axis Bank 1220.00
Kotak Mahindra Bank 403.40
Indusind Bank 912.50
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