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UBS Principal Capital Asia sells shares worth Rs 150 cr in Axis Bank

A total of 3.5 million scrips of the private sector lender were sold at an average price of Rs 428.7 apiece, valuing the deal at Rs 150 crore, according to block deal data on the BSE

Axis Bank
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Through separate transactions, the shares of Axis Bank were picked up by BofA Securities Europe SA at the same price

Press Trust of India New Delhi

UBS Principal Capital Asia Ltd on Friday offloaded shares worth Rs 150 crore in Axis Bank through open market transactions.

A total of 3.5 million scrips of the private sector lender were sold at an average price of Rs 428.7 apiece, valuing the deal at Rs 150 crore, according to block deal data on the BSE.

Through separate transactions, the shares of Axis Bank were picked up by BofA Securities Europe SA at the same price.

On the BSE, shares of Axis Bank on Friday ended at Rs 433.2 apiece, up 0.05 per cent over the previous close.

Besides, through another transaction, BNP Paribas