Axis Bank block deal: Three sellers entities namely BC Asia Investments VII, BC Asia Investments III and Integral Investment South Asia IV will sell $444 million worth Axis Bank shares. The floor price is set at Rs 1,109 apiece.
Axis Bank :Nuvama Institutional Equities said the private lender remains focussed on becoming an all-weather franchise with sustainable returns, improving deposit quality, and digital capabilities with industry-leading platforms.
Vedanta's low cost status in zinc and efforts to reduce its aluminium CoP below $1,500 per tonne on a sustainable-basis will be a long-term positive, said a domestic brokerage