/ Axis Bank Signed Agreement With Mswipe Tech ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 21 June 2017

The agreement is signed by Axis Bank for sale of 1,90,500 equity shares of face value of Rs 1/share of Mswipe Technologies Pvt Ltd at Rs 4,249/ share resulting in a total cash consideration of Rs 80.94.

On Wednesday the stock of the company is losing, touches an intra-day low of Rs 508.9/share down by 0.5% and Nifty was trading lower by 34 points at 23,663 levels. The other Bank stocks, including Yes Bank, Federal bank, HDFC Bank and ICICI Bank are trading in the negative territory dragging down the Bank Nifty Index and HDFC Bank is the top contributor to the Sensex losses.

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