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Axis Bank shines as arm enters into alliance with Baird

Axis Bank Ltd. | Bank - Private | BFSI | BSE: 532215 | NSE: AXISBANK

21 Dec 2012 Evaluate

Axis Bank is currently trading at Rs. 1331.75, up by 13.70 points or 1.04% from its previous closing of Rs. 1318.05 on the BSE.

The scrip opened at Rs. 1306.10 and has touched a high and low of Rs. 1334.80 and Rs. 1306.10 respectively. So far 68,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1377.00 and a 52 week low of Rs. 784.50.

Last one week high and low of the scrip stood at Rs. 1365.00 and Rs. 1307.00 respectively. The current market cap of the company is Rs. 56,853.00 crore.

The promoters holding in the company stood at 36.18% while Institutions and Non-Institutions held 45.04% and 10.07% respectively.

Axis Bank’s investment banking subsidiary - Axis Capital, has entered into an alliance with Baird to offer investment banking services. Initially the firm would focus on cross-border mergers & acquisitions (M&A) between India and Europe, and between India and the US, would also get with regulatory clearance for other investment banking services like public offerings in the US and private placements of equity.

Baird is an employee-owned, international capital markets, private equity, wealth and asset management firm with offices in the United States, Europe and Asia. Baird, since 2007, has advised on more than 230 M&A transactions representing $43 billion in transaction value and has served as lead or co-manager on 250 equity offerings raising more than $76 billion.

Axis Bank is the third largest private sector bank in India. Axis Bank offers the entire spectrum of services to customer segments covering large and mid-corporate, SME, agriculture and retail business.

Axis Bank Share Price

1359.15 9.25 (0.69%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
HDFC Bank	799.90
ICICI Bank	1347.50
Axis Bank	1359.15
Kotak Mahindra Bank	383.50
Indusind Bank	853.15
View more..

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Axis Bank shines as arm enters into alliance with Baird

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