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Indian firms rush to raise funds via share sales
Indian listed companies are ramping up equity offerings to institutional investors as ample liquidity and improving sentiment open a window for one of the fastest routes to raise funds. About 170 companies have secured board approvals since April 1, the start of the financial year, to raise more than $20 billion combined through share sales including qualified institutional placements, or QIPs, according to data from primedatabase.com.
Kotak Bank shares drop after Q1 report
Kotak Mahindra Bank's shares fell 3.5% post its Q1 results, amid brokerages' predictions of up to 28% upside despite margin pressure.
Axis Bank Q1 profit surges 23%
Axis Bank, the third-largest private sector bank, reported a 23 per cent rise in net profit for the June quarter to ₹7,114 crore compared with ₹5,806 crore in the corresponding period last year, driven by improved margins. Total income increased 6 per cent to ₹40,721 crore from ₹38,322 crore a year ago. The Net Interest Income (NII) grew 8 per cent to ₹14,646 crore, while Net Interest Margin (NIM) stood at 3.46 per cent.
Axis Bank Q1 beats forecasts by 22.5%
Axis Bank's first-quarter net profit reached Rs 7,114 crore, up 22.5% from the previous year, driven by a 9% rise in net interest income and lower provisions. However, core income slightly missed expectations, and slippages increased sequentially.
Axis Bank Falters Slightly
Axis Bank Share Price Live Updates: Axis Bank Faces a Small Setback 29 Jul 2026 | 11:06:11 AM IST Axis Bank share price live updates Stay up-to-date with the Axis Bank Stock Liveblog, your comprehensive source for real-time updates and detailed analysis on a prominent stock. Explore the latest information on Axis Bank, including: Last traded price 1220.9, Market capitalization: 378270.62, Volume: 3641990, Price-to-earnings ratio 13.65, Earnings per share 89.28.
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