Bank Nifty News, Corporate filings and Earnings/Conference Calls

Name: Latest research reports of Axis Bank Ltd. authored by Emkay and published by - Trendlyne research reports.
Item: Axis Bank Ltd.
Rating: 5
Author: Emkay

Keep track of all breaking news and updates on Bank Nifty from all sources in a single place.

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ICICI Bank Ltd.

18 Jun 2025

1427.10

1.12%

Company Update

ICICI Bank Ltd - 532174 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

BSE India

Allotment of 87611 equity shares at FV Rs.2 each under ICICI Bank Employees Stock Option Scheme-2000.

pdf

Axis Bank Ltd.

18 Jun 2025

1220.70

0.26%

Built resiliency, but needs growth/management stability

Buy: Axis Bank Ltd.

Target

Emkay

We met Axis Bank’s ED Subrata Mohanty and CFO Puneet Sharma, to understand the business/profitability outlook, more so in view of the recent monetary policy.

Emkay increased Buy price target of Axis Bank Ltd. to 1400.0 on 18 Jun, 2025.

Bank Nifty

18 Jun 2025

56252.85

1.22%

Sectoral Technical Snapshot

Bank Nifty

SBI Securities

Retail Research

Bank Nifty's price crossed above 30Day SMA today

Bank Nifty

18 Jun 2025

56252.85

1.22%

Daily Market Mirror

Bank Nifty

SBI Securities

End of Day Summary

Bank Nifty is trading above all available SMAs

Punjab National Bank

17 Jun 2025

103.04

0.06%

PNB exits ISARC with sale of 21% stake for 34 crore after RBI approval

Business Standard

State-owned Punjab National Bank on Tuesday said it has sold its entire 21 per cent stake in India SME Asset Reconstruction Company Limited (ISARC) for Rs 34 crore. In March, the Reserve Bank of India had granted approval for change in sponsor of the asset reconstruction company and equity raise from Authum Investment and Infrastructure Ltd, PNB said in a regulatory filing. The bank has completed the sale of a 20.90 per cent stake on Tuesday, it said. It sold 2.09 crore shares of the asset reconstruction company for Rs 16.29 per share, aggregating Rs 34.04 crore. The bank had entered into a definitive agreement to sell its entire stake in ISARC in May. For the financial year ended March 31, 2025, ISARC had earned a net profit of Rs 19.79 crore with a total income of Rs 36.4 crore. Prior to stake sale, ISARC was sponsored by SIDBI, Bank of Baroda, Punjab National Bank, and SIDBI Venture Capital Ltd.