Buy Axis Bank, target Rs 654: Mazhar Mohammad
Buy in Axis Bank with a target of Rs 654 and a stop loss of Rs 57402-09-2016
02-09-2016
Details of Analyst / Investor Meete
AXIS Bank Ltd has submitted to BSE a copy of the schedule of Investor conference held in Mumbai on August 29, 2016.30-08-2016
Buy Axis Bank Ltd., target Rs 608.0 : Independent Analyst
Buy Axis Bank Ltd. at a price target of Rs 608.0 and a stop loss at Rs 580.0 from entry point30-08-2016
Allotment of Equity Shares under ESOP
AXIS Bank Ltd has informed BSE that the Bank has allotted 1,84,325 equity shares of Rs. 2/- each on August 29, 2016, pursuant to exercise of options under its ESOP Scheme.29-08-2016
Sell Axis Bank Ltd., target Rs 565.0 : Shrikant Chouhan
Sell Axis Bank Ltd. at a price target of Rs 565.0 and a stop loss at Rs 596.0 from entry point26-08-2016
Axis Capital's Senior VP Economist Sachidanand Shukla to join M
MUMBAI: Sachidanand Shukla, the senior vice president-economist, Axis Capital will be joining Mahindra & Mahindra (M&), one of India's top auto makers as their chief economist. Shukla spent 13 years as part of Mumbai based investment bank and brokerage Enam Securities and Axis Capital when it acquired Enam. Axis bought Enam's investment banking and institutional equities business in 2012 and Shukla joined Axis along with other key officials as part of the deal. Shukla, a Ph.D in financial economics, was Axis Capital's top analyst for key macro-economic variables impacting investment strategy and equity portfolios. Relate macro trends to broad market calls, devise macroeconomic & top down strategy and effectively articulate and communicate these to institutional equity investors was part of Shukla's job at Axis Capital. While Shukla did not comment on his new role, an official in Axis Capital said Shukla will be joining M&M from the second week of September.24-08-2016
Buy Axis Bank Ltd., target Rs 675.0 : Bank of America Merrill Lynch
Downside risks are a sharp rise in NPLs leading to higher credit costs, MTM hits arising from the corporate investment book or the inability to grow24-08-2016
Axis Bank introduces augmented reality in its mobile application 'Near me'
MUMBAI: Walking down MG Road and feeling hungry? Trying to figure out which restaurant to visit and hoping for a good deal? Do not just log into a food listing app. Your mobile banking application might be a better option for the location as well as a discount. On the lines of the gaming sensation Pokemon Go, Axis Bank has come up with its augmented reality feature within its mobile app which lists all the dining destinations, property lists, shopping centres, bank ATMs, branches and many other things not only as a location on GPS but also in real life pictures along with distance and even directions. ""We are creating an ecosystem so that banks can become a part of the day to day schedule of the customer and also an integral part of his consumer spending practices. Our new 'Near Me' feature helps us take another step in that direction," said Amit Sethi, chief information officer, Axis Bank. Sethi said that a customer can open the banking app and click on the 'Near Me' option, it will switch on the GPS location and the camera of the phone. This will enable the customer to scan the area around him and the app will list out all the possible places where the customer can get attractive deals. "We are in the process of tying up with more and more merchant partners like restaurants, property dealers etc. who will be offering special deals to the bank customers and he will be able to see the offers at...23-08-2016
Allotment of Equity Shares under ESOP
AXIS Bank Ltd has informed BSE that the Bank has allotted 1,93,315 equity shares of Rs. 2/- each on August 22, 2016, pursuant to exercise of options under its ESOP Scheme.The paid up share capital of the Bank will accordingly increase from Rs. 477,64,05,976 (238,82,02,988 equity shares of Rs. 2/- each) to Rs. 477,67,92,606 (238,83,96,303 equity shares of Rs. 2/- each).22-08-2016
Schedule of Investor Conference
AXIS Bank Ltd has submitted to BSE a copy of the schedule of Investor conference held in Mumbai on August 18, 2016.19-08-2016