HDFC Bank Q3 Results Review – Deposit Growth To Decide The Pace Of Credit Growth: Axis Securities NDTV Profit
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Category: Axis bank
Axis Bank underperforms Wednesday when compared to competitors
Published: Jan. 17, 2024 at 5:32 a.m. ET
Shares of Axis Bank Ltd. 532215 dropped 3.18% to 1,083.45 Indian rupees Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P BSE Sensex Index 1 falling 2.23% to 71,500.76. Axis Bank Ltd. closed 68.05 rupees below its 52-week high (1,151.50 rupees), which the company achieved on December 5….
Shares of Axis Bank Ltd.
532215
dropped 3.18% to 1,083.45 Indian rupees Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P BSE Sensex Index
1
falling…
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Change in fundamental attributes of Axis ESG Equity Fund – Value Research Online
Change in fundamental attributes of Axis ESG Equity Fund Value Research Online
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Axis Bank extends Rs 1 billion loan to Everest Fleet for EVs
GuarantCo has provided a two-thirds on-demand credit guarantee to Axis Bank for this transaction.
Axis Bank has extended a loan of Rs 1 billion to Everest Fleet to empower them to purchase electric vehicles to be deployed as green taxis in India.
The loan is for four years.
The partial guarantee is provided under the USD 200 million INR equivalent framework guarantee agreement that GuarantCo and Axis Bank signed in May 2022, which allows mobilisation of funds between USD 300 and 400 million in INR equivalent to finance the e-mobility ecosystem in India.
GuarantCo has provided a two-thirds on-demand credit…
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ACC: Axis Securities selects the stock as its ‘pick of the week’, sees 10% upside – 3 key reasons
On the back of a 7 percent rise in the stock just in January, domestic brokerage house Axis Securities has picked cement major ACC as its ‘top pick of the week’. This is on the back of its attractive valuations, strong growth opportunities, positive company-specific triggers, and macroeconomic tailwinds.
The brokerage has a ‘buy’ call on the stock with a target price of ₹2,615, implying a potential upside of 10 percent
Luthra advises Radiance Renewables on availing financial assistance from Axis Bank and Standard Chartered
2 SPVs of Radiance Renewables, managed by Eversource Capital, have availed financial assistance aggregating to ₹7,150 million from Axis Bank and Standard Chartered.Luthra and Luthra Law Offices India advised Radiance Renewables on this financing deal.The transaction team consisted of Girish Rawat (Partner), Ashneet Chhabra (Senior Associate) and Pranav Dwivedi (Associate).The funds will be utilized for a solar power park with an installed capacity of 150MW AC along with interconnection facilities being set-up in Mol- Manjarwadi, Maharashtra.If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.
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Axis Bank Q3 Net Profit seen up 7.8% YoY to Rs. 6,308.6 cr: Emkay
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Emkay has come out with its third quarter (October – December’ 24) earnings estimates for the Banking sector. The brokerage house expects Axis Bank to report net profitat Rs. 6,308.6 crore up 7.8% year-on-year (up 7.6% quarter-on-quarter).
Net Interest Income (NII) is expected to increase by 10.5 percent Y-o-Y (up 2.8 percent Q-o-Q) to Rs. 12,664.3 crore, according to Emkay.
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Pre Provision Operating Profit (PPOP) is likely to fall by 1.6% Y-o-Y (up 5.8 percent…
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Axis Bank CEO Amitabh Chaudhry says India in a better place for economic growth
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India is in a better place today to speed up economic growth helped by the approach of the current government, Axis Bank Ltd. Chief Executive Officer Amitabh Chaudhry said.
“We have elections coming up in mid-2024 and we expect the current government to come back to power,” Chaudhry told Bloomberg Television’s Haslinda Amin in Davos, Switzerland. “It should be helpful for India to really achieve some of the goals and some of the aspirations people have talked about,” he said, adding that “things are…
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Weekly Technical Trade Call: 4 Stock Picks By Rajesh Palviya of Axis Securities – Goodreturns
Weekly Technical Trade Call: 4 Stock Picks By Rajesh Palviya of Axis Securities Goodreturns
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Axis Bank CEO Says India in a Better Place for Economic Growth
India is in a better place today to speed up economic growth helped by the approach of the current government, Axis Bank Ltd. Chief Executive Officer Amitabh Chaudhry said.“We have elections coming up in mid-2024 and we expect the current government to come back to power,” Chaudhry told Bloomberg Television’s Haslinda Amin in Davos, Switzerland. “It should be helpful for India to really achieve some of the goals and some of the aspirations people have talked about,” he said, adding that “things are aligning in favor of India.”
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