Axis Capital

April may be the best month for stocks, February the bleakest: Here’s why

An analysis by Axis Capital has shown that April has seen positive returns on 12 occasions in the last 15 years, the most compared to any other month. On the other hand, February has been the bleakest in terms of monthly returns.

Sebi relaxes directions issued to Axis Capital; lifts ban and restricts operations in debt market

The interim order issued in September 2024 had barred Axis Capital from acting as an investment banker in debt market until further orders.

Axis Capital initiates coverage on Indus Towers with 'Add', sees 7% upside

Indus Towers has gained more than 63 percent year-to-date, significantly outperforming the Nifty 50's 7 percent gain during the same period.

Buy Mahindra and Mahindra Financial Services; target of Rs 380: Axis Capital

Axis Capital is bullish on Mahindra and Mahindra Financial Services has recommended buy rating on the stock with a target price of Rs 380 in its research report dated September 19, 2024.

Axis Bank clarifies Sebi order on ACL only for new merchant banking assignments, other ops unaffected

In an interim order issued on September 19, Sebi has asked ACL to reply within 21 days to the observations made in the order.

Sebi's action on Axis Capital: Research Analyst's article tipped off the regulator about "high-risk transaction"

According to the regulator's order, a January 2024 article by RA Hemindra Kishen Hazari was the first to flag concerns on this issue

Sebi bars Axis Capital from acting as investment banker in debt market until further orders

In an interim order issued on September 19, the Securities and Exchange Board of India (Sebi) has also asked ACL to reply within 21 days to the observations made in the order.

Buy Mahindra and Mahindra Financial Services; target of Rs 350: Axis Capital

Axis Capital is bullish on Mahindra and Mahindra Financial Services has recommended buy rating on the stock with a target price of Rs 350 in its research report dated July 23, 2024.

Adani Enterprises, Adani Energy Solutions may soon tap markets for QIPs

The two companies plan to use the proceeds to fund capex and growth plans as well as to repay certain borrowings of the company.

Pratik Loonker joins Axis Capital as Head of ECM and Co-Head Financial Sponsors; two more MDs also onboard

The appointments come as veteran dealmaker Atul Mehra looks to strengthen the deal team since he took charge as the MD & CEO of Axis Capital on April 1

JM Financial confirms exit of Joint MD and veteran dealmaker Atul Mehra

Atul Mehra is likely to join rival Axis Capital as its MD and CEO, sources had told Moneycontrol.

JM Financial's Atul Mehra steps down, may head to Axis Capital as MD & CEO

Mehra began his career as an analyst at JM Financial in 1991 and is departing after a long tenure of more than 32 years

Buy Landmark Cars; target of Rs 810: Axis Capital

Axis Capital is bullish on Landmark Cars has recommended buy rating on the stock with a target price of Rs 810 in its research report dated June 13 2023.

Startups to be valued on profit multiples over revenue multiples, say investors

Investors are now asking founders to turn in profits, rather than pursuing growth at all costs.

Pranav Haridasan to be new MD and CEO of Axis Securities

Haridasan, who is currently Managing Director and Co-Head of Equities at Axis Capital, has more than 20 years of experience in financial markets across different asset classes.

Adani Enterprises may file for mega Rs 20,000cr FPO in Jan; takes more I-bankers on board

If it fructifies, the Adani Enterprises FPO would be arguably the biggest yet in India Inc, beating the previous record held by Yes Bank. In order to boost its capital levels in line with regulatory norms, the private sector lender had launched an FPO in July 2022 to raise Rs 15,000 crores.