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Acquisition

Axis Bank Acquisition Worth ₹380.6 Cr

Axis Bank invested ₹380.60 Crore to increase its stake in Max Life Insurance to 19.99%. This strategic move strengthens the bank's position in the insurance sector.

Key figures
Value₹380.6 Cr
Source

NSE filing, NSE: AXISBANK. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Axis Bank Ltd: key numbers

Share price
₹1,336.40
Market cap
₹4,16,189 Cr
Revenue (annual)
₹1,32,538 Cr
Net profit (annual)
₹26,385 Cr
P/E (TTM)
13.9×Sector 20.8×
Promoter holding
7.86%-0.01% QoQ
FII holding
38.05%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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