Shares of Axis Bank hit a 52-week high on Tuesday after the Bank said its Qualified Institutional Placement issue is passed by board of directors.
As per Reuters report, the Bank was planning to raise as much as $1 billion through a qualified institutional placement, sources with direct knowledge of the matter told Reuters.
The stock of the bank were seen trading at Rs 1479, higher by 4.52% on BSE at 10.30 am IST. It touched an intra-day high and 52-week high at Rs 1783.
Axis Bank had reported better than expected net profits of Rs 1347.22 crores for the quarter ended December 31, 2012 as compared to Rs 1102.27 crore for the quarter ended December 31, 2011.
GoodReturns.in
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google