Axis Bank

Axis Bank Q2 PAT seen at Rs 329.5 cr: Religare

Posted by : satish_kc
Price when posted : BSE: Rs 552.30 ( -14.19 % ), NSE: Rs. 552.60 ( -14.69 % )

View full thread (2 messages)

Tracked by: 0 Boarder

One of the best pedigree private banks. Not like the hype driven ICICI Bank. A bank lead by a no-nonsensical leader like PJ Nayak (low profile but intelligent). This bank can weather all difficult times in the Banking Sector....

In reply to:

Axis Bank Q2 PAT seen at Rs 329.5 cr: Religare

Posted by : MMB Messenger

Religare Hichens Harrison Research has come out with its earning estimates on Banking Sector for the quarter ended September 2008. According to the research firm, Axis Bank's September quarter net interest income is expected to go up 43.1% at Rs 8423 million (Rs 842.3 crore) on YoY basis.

Axis Bank Q2 PAT seen at Rs 329.5 cr: Religare

Posted by : MMB Messenger
Price when posted : BSE: Rs 552.30 ( -14.19 % ), NSE: Rs. 552.60 ( -14.69 % )

View full thread (2 messages)

Tracked by: 0 Boarder

Religare Hichens Harrison Research has come out with its earning estimates on Banking Sector for the quarter ended September 2008. According to the research firm, Axis Bank's September quarter net interest income is expected to go up 43.1% at Rs 8423 million (Rs 842.3 crore) on YoY basis....

Bank M&A rumours go around in markets

Posted by : Leave it.
Price when posted : BSE: Rs 552.30 ( -14.19 % ), NSE: Rs. 552.60 ( -14.69 % )

View full thread (1 messages)

Tracked by: 0 Boarder

Bank M&A rumours go around in markets

Punters accumulate stocks on banking counters

Fall in ICICI Bank, HDFC Bank shares pull BSE Bankex


MUMBAI: In the midst of the Government swinging into action to ensure sufficient liquidity in the banking system, rumours were rife in the stock market about a possible wave of merger among domestic banks, and some public sector bank stocks surged ahead in an otherwise plummeting market.

Even as the banking industry officials asserted against the probability of any merger and acquisitions in the sector to tackle any financial crisis, punters were seen accumulating shares on banking counters.

Asking not to give credence to such rumours, Indian Banks Association (IBA) and Bank of India Chairman T. S. Narayanasami told PTI that, “In given circumstances, I do not think this is possible.”

Top private sector lender ICICI Bank also said it did not see any probability of the authorities asking the domestic banks to undertake merger and acquisition transactions in the wake of the current global financial crisis.

“We do not foresee any such situation,” ICICI Bank’s Joint Managing Director and CFO Chanda Kochhar said.


The sharp plunge in the Bankex was mainly fuelled by close to 20 per cent fall in ICICI Bank and a fall of over five per cent in HDFC Bank. — PTI
v.krishnamoorthy...

Sensex down 800 pts 0n Oct11

Posted by : Novice2008
Price when posted : BSE: Rs 552.30 ( -14.19 % ), NSE: Rs. 552.60 ( -14.69 % )

View full thread (1 messages)

Tracked by: 0 Boarder

I wonder what made the RBI and Fin Ministry to cut 200 BPS in one week to stop sensex melt down. I read in a news paper an article by a leading share broker that the Oct11 Fiasco happened only due to short selling and the figures were that only 20% was delivery based. This drives me to ask the question that wont Banning the Short sell curtail the voltality in the market as FED has done.
I also found something fishy when the then RBI governor Y V Reddy stepped down without any reason. Does the government needs a dummy RBI governor too?
I think we are ourselves destroying our economy and letting others to take our money by opening up the P-notes again and rather also increasing our inflation by cutting CRR BPS.
I am still a learner in the market but I believe my opinions are right. Request experienced boarders to discuss on this...

Buy Axis Bank, target of Rs 1000: Karvy

Posted by : koti_thimmappa
Price when posted : BSE: Rs 552.30 ( -14.19 % ), NSE: Rs. 552.60 ( -14.69 % )

View full thread (2 messages)

Tracked by: 0 Boarder

At this crucial financial crisis,how far it will reach Rs1000/per share have to be looked into.let me hope that the stock value be reached at the earliest.I have 220 share @Rs672/on an average.Please suggest as to wether to hold or sell....

In reply to:

Buy Axis Bank, target of Rs 1000: Karvy

Posted by : MMB Messenger

Karvy Stock Broking has recommended a buy rating on Axis Bank with a target of Rs 1000. In Q2FY09, the research firm expects the bank would report 47.6% (Y-o-Y) growth in net interest income (NII) to Rs 8.3 billion mainly due to strong growth of 49% (Y-o-Y) in credit offtake; we assume around 48% (Y-o-Y) growth in deposits.

BSE Announcements on Axis Bank

Posted by : MMB Messenger
Price when posted : [Axis Bank - BSE:Rs. 552.30 NSE:Rs. 552.60 when posted]

View full thread (1 messages)

Tracked by: 0 Boarder

AXIS Bank Ltd has informed BSE that a meeting at the Committee of Directors (CoD) of the Bank will be held on October 11, 2008, inter-alia, to consider the allotment of equity shares under ESOP....

Buy Axis Bank, target of Rs 1000: Karvy

Posted by : MMB Messenger
Price when posted : BSE: Rs 541.90 ( -15.81 % ), NSE: Rs. 543.80 ( -16.05 % )

View full thread (2 messages)

Tracked by: 0 Boarder

Karvy Stock Broking has recommended a buy rating on Axis Bank with a target of Rs 1000. In Q2FY09, the research firm expects the bank would report 47.6% (Y-o-Y) growth in net interest income (NII) to Rs 8.3 billion mainly due to strong growth of 49% (Y-o-Y) in credit offtake; we assume around 48% (Y-o-Y) growth in deposits....

Exit Axis bank,down target=400....

Posted by : marketman
Price when posted : BSE: Rs 643.65 ( -5.37 % ), NSE: Rs. 647.75 ( -5.15 % )

View full thread (1 messages)

Tracked by: 0 Boarder

No doubt it is a better bank in pvt sector.... but not a golden bank to hold at present price in this powerful bear season.... sell it,the stock can fall to 400 in the near term.... so,there is no meaning holding the stock at the moment.......

axis bank on the roll.............

Posted by : 9975797577
Price when posted : BSE: Rs 632.20 ( -7.05 % ), NSE: Rs. 636.90 ( -6.74 % )

View full thread (1 messages)

Tracked by: 0 Boarder

after posting below 600 levels axis bank has taken a superb bounce..........

picked some axis bank at 588

Posted by : sam_pd
Price when posted : BSE: Rs 611.00 ( -10.17 % ), NSE: Rs. 625.00 ( -8.48 % )

View full thread (1 messages)

Tracked by: 0 Boarder

picked some axis bank at 588...

BSE Block Deal

Posted by : zoombusiness
Price when posted : BSE: Rs 690.00 ( -1.84 % ), NSE: Rs. 694.55 ( -1.10 % )

View full thread (1 messages)

Tracked by: 1 Boarder

AXIS BANK 1300104 Shares At 692.55
...

Do you have any idea of Anxiety Index?

Posted by : Leave it.
Price when posted : BSE: Rs 702.90 ( -4.34 % ), NSE: Rs. 702.30 ( -4.40 % )

View full thread (1 messages)

Tracked by: 0 Boarder

Every depositor should give aletter addressed to the head of the bank where they transact, to consider this point with RBI, Ministry of finance and if needed to amend the act. AIBEA should include this in their agenda as the indian banking operations cannot be completeley indifferent to the world fiscal crisis. If they cannot save the banks how can they protect the welfare of the employees?

v.krishnamoorthy
Folsom,USA
...

axis bank

Posted by : hembhat
Price when posted : BSE: Rs 702.90 ( -4.34 % ), NSE: Rs. 702.30 ( -4.40 % )

View full thread (2 messages)

Tracked by: 0 Boarder

I am afraid that the falling market will also not spare this gem. There is risk aversion at this juncture....

In reply to:

axis bank

Posted by : raman1280

some institution has been selling 35 lakh shares everyday for last three days both on nse bse,bulk deals have been reported on cnbc.the stock has turned weak with today`s closing..any idea ?

axis bank

Posted by : raman1280
Price when posted : BSE: Rs 702.90 ( -4.34 % ), NSE: Rs. 702.30 ( -4.40 % )

View full thread (2 messages)

Tracked by: 0 Boarder

some institution has been selling 35 lakh shares everyday for last three days both on nse bse,bulk deals have been reported on cnbc.the stock has turned weak with today`s closing..any idea ?...

BSE Announcements on Axis Bank

Posted by : MMB Messenger
Price when posted : [Axis Bank - BSE:Rs. 710.00 NSE:Rs. 711.80 when posted]

View full thread (1 messages)

Tracked by: 0 Boarder

AXIS Bank Ltd has informed BSE that a meeting of the Board of Directors of the Bank will be held on October 13, 2008, inter alia, to consider and take on record the Unaudited Quarterly / Half Yearly financial results for the quarter (Q2) / half year (H1) ended September 30, 2008....