Private equity firm Bain Capital (Bain Capital Private Equity, LP) is likely to sell 33.4 million shares of Axis Bank Limited (BSE:532215) through a block deal on April 9, 2024, according to reports. Bain Capital is offering Axis Bank shares for INR 1,071 to INR 1,076.05 a share, and it seeks to raise $431 million through the block trade. Through this sale, Bain Capital will exit the lender after more than six years of its investment in Axis Bank.
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
1,168 INR | +0.19% | +10.54% | +5.88% |
Apr. 27 | ICICI Bank beats Q4 profit estimates on strong loan growth, but margin shrinks | RE |
Apr. 25 | Banking Stocks Lift Indian Equities Higher | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+5.88% | 43.13B | |
+12.79% | 551B | |
+9.71% | 291B | |
+10.47% | 249B | |
+20.93% | 208B | |
+16.11% | 171B | |
+9.89% | 166B | |
+9.76% | 162B | |
-10.19% | 138B | |
-0.02% | 138B |
- Stock Market
- Equities
- AXISBANK Stock
- News Axis Bank Limited
- Bain Capital Reportedly Likely to Sell $431 Million Worth Stake in Axis Bank