Axis Bank Ltd Analyst Rating
based on 41 analysts
80.00%
Buy
20.00%
Hold
0.00%
Sell
Based on 41 analysts offering long term price targets for Axis Bank Ltd. An average target of ₹1363.44
Source: S&P Global Market Intelligence
Axis Bank Ltd Share analysis
Axis Bank Ltd price forecast by 41 analysts
Upside of22.95%
High
₹1590
Target
₹1363.44
Low
₹1210
Axis Bank Ltd target price ₹1363.44, a slight upside of 22.95% compared to current price of ₹1071.85. According to 41 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Axis Bank Ltd revenue growth forecast
Expected growth rate Q1, FY2026:0
Forecast
Actual
Including amortisation and stock based compensations
Axis Bank Ltd EPS growth forecast
EPS estimate Q1, FY2026:12.68%
Forecast
Actual
Source: S&P Global Market Intelligence
Axis Bank Ltd Performance
Day's Low
Day's High
₹1,065Day's Price Range₹1,105.8552 Week's Low
52 Week's High
₹995.752-Week Price Range₹1,339.65
| Returns % | |
| 1 Month Return | -2.66 % |
| 3 Month Return | -11.06 % |
| 1 Year Return | + 1.23 % |
| Market Stats | |
| Previous Close | ₹1,108.90 |
| Open | ₹1,103.95 |
| Volume | 1.26Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹3,47,314.92Cr |
Axis Bank Ltd Key Statistics
| P/E Ratio | 12.26 |
| PEG Ratio | 0.26 |
| Market Cap | ₹3,47,314.92 Cr |
| P/B Ratio | 2.15 |
| EPS | 85.61 |
| Dividend Yield | 0.1 |
| Sector | Banks |
| ROE | 17.98 |
Axis Bank Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹3,47,314.92 Cr | 9.84% | NA | ₹26,386 Cr | ₹1,37,989 Cr | |
| BUY | ₹75,194.07 Cr | -7.11% | NA | ₹8,977 Cr | ₹55,143 Cr | |
| BUY | ₹26,411.87 Cr | -13.52% | NA | NA | NA | |
| BUY | ₹9,27,464.87 Cr | 27.55% | NA | ₹44,256 Cr | ₹2,36,037 Cr | |
| BUY | ₹13,84,256.77 Cr | 7.54% | NA | ₹64,062 Cr | ₹4,07,994 Cr |
Axis Bank Ltd Mutual Fund Holdings
About Axis Bank Ltd
Axis Bank's top products include savings accounts, current accounts, fixed deposits, recurring deposits, debit cards, credit cards, home loans, personal loans, car loans, gold loans, mutual funds, and insurance. Popular Axis Bank brands include Axis ASAP, Axis eDGE Rewards, Axis Bank Prime, and Axis Bank Neo. The bank also offers digital banking services such as mobile banking, internet banking, and UPI payments.
Axis Bank has a strong presence in the Indian banking sector, with over 4,000 branches and 13,000 ATMs across the country. The bank has also established a strong international presence with offices in Singapore, Hong Kong, Dubai, and Colombo.
Share Price: ₹1071.85 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹3,47,314.92Cr as of today
Revenue: ₹39,203.77Cr as on September 2024 (Q3 24)
Net Profit: ₹7,401.26Cr as on September 2024 (Q3 24)
Listing date: 16 Nov, 1998
Chairperson Name: Rakesh Makhija
| Organisation | Axis Bank Ltd |
| Headquarters | Mumbai |
| Industry | Banks |
| E-voting on shares | Click here to vote |
Key events for Axis Bank Ltd
Axis Bank Shares Decline Amidst Market Trends - 20 Dec, 2024
Axis Bank Ltd shares are currently trading at Rs 1,084.30, reflecting a 2.22% loss today and a 4.73% decline over the past month. The stock's 52-week high is Rs 1,339.65, while the low is Rs 995.70.Citi Maintains Neutral Rating Amid Challenges - 19 Dec, 2024
Citi has kept a 'Neutral' rating on Axis Bank, lowering the target price to ₹1,290/share due to rising delinquencies and deposit growth challenges. The bank's proactive credit cost management offers some optimism despite expected stabilization delays.Axis Bank Allocates Shares Under ESOP Scheme - 17 Dec, 2024
On December 17, 2024, Axis Bank allotted 155,783 equity shares under its ESOP scheme, raising its paid-up capital to Rs. 6,189,929,264.Axis Bank Warns of INR Volatility Ahead - 16 Dec, 2024
Neelkanth Mishra, chief economist at Axis Bank, cautions about significant volatility in the Indian Rupee influenced by US policies and unexpected changes in the Chinese Yuan.Axis Bank Faces Target Cuts Amid Rebranding News - 13 Dec, 2024
Axis Bank shares fell after UBS cut its target price to Rs 1,210, citing rising non-performing loans. JM Financial remains positive with a target of Rs 1,425. Additionally, Max Life Insurance rebranded, enhancing its association with Axis Bank.Supreme Court Notice Impacts Axis Bank Shares - 11 Dec, 2024
Axis Bank faces a contempt notice from the Supreme Court regarding a ₹4,500 crore escrow deposit dispute, leading to a 0.45% drop in shares.Axis Bank Staff Accused of Siphoning Funds - 10 Dec, 2024
Axis Bank officials from the Begumpet branch in Hyderabad are accused of siphoning Rs 6.5 crore from an Australian OCI's account over two years. The accused face multiple charges, including cheating and forgery, after allegedly forging signatures to withdraw funds without authorization.Axis Bank Sees Improved Liquidity and Margins - 07 Dec, 2024
Axis Bank's Deputy MD, Rajiv Anand, notes a thaw in India's funding winter, with increased liquidity from Family Offices and domestic venture capital firms, potentially improving bank margins.Axis Bank Shares Rise Following RBI Policy Statement - 06 Dec, 2024
On December 6, 2024, Axis Bank shares gained 1.77% in early trading after the RBI's Monetary Policy Statement, later closing up 1.58% at Rs 1,184.80.Axis Bank Launches Women's Account Amid SEBI Settlement - 05 Dec, 2024
Axis Bank's subsidiary, Axis Securities, settled a SEBI case for Rs 14.62 lakh regarding front-running. Additionally, the bank introduced the ARISE Women's Savings Account with exclusive benefits for women.Axis Bank Strengthens Position with ESOP and Startup Support - 04 Dec, 2024
Axis Bank's New Economy Group enhances support for startups, while an analyst recommends buying shares. A CRR cut could ease liquidity pressures, and the bank has allotted shares under its ESOP scheme.Axis Bank Updates: Growth, Fees, and Market Insights - 03 Dec, 2024
Axis Bank supports startups, is a top stock pick for 2025, and faces increased phishing attempts. The stock rises, while net interest margins remain tight amid new fee announcements.Axis Bank Implements Changes Amid Economic Recovery Signs - 02 Dec, 2024
Axis Bank is focusing on customer engagement with a new campaign while navigating regulatory changes regarding its subsidiary, Axis Finance. The bank also revised credit card terms, including increased fees. Economic recovery is anticipated by early 2025.Axis Bank's Growth at GIFT City Doubles Assets - 28 Nov, 2024
Axis Bank reported a doubling of its asset book at GIFT City to $4 billion since 2019. Additionally, the bank announced changes to credit card terms, including increased fees and interest rates.Axis Bank Reports Growth and Regulatory Compliance - 27 Nov, 2024
Axis Bank confirmed compliance with SEBI's directives regarding Axis Capital. Additionally, its IFSC unit at GIFT City doubled its loan book to USD 4 billion.Axis Bank Updates Credit Card Terms and Fees - 26 Nov, 2024
Axis Bank announced changes to its credit card terms, including an increase in interest rates to 3.75% per month and revised fees. Cashback on Airtel payments remains, but conditions apply.Axis Bank Sees Significant Block Deal Amid Bearish Sentiment - 22 Nov, 2024
Axis Bank experienced a block deal involving 0.15% of its equity, valued at approximately ₹490 crore. The stock was trading at ₹1135.30, reflecting a slight decline of 0.34%. The 5-day Exponential Moving Average indicates short-term bearish momentum, suggesting cautious investor sentiment.
Insights on Axis Bank Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 2 quarters, 37.79K Cr → 39.20K Cr (in ₹), with an average increase of 3.6% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 6.33% to 6.41% in Sep 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 6.43K Cr → 7.40K Cr (in ₹), with an average increase of 13.0% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 22.87% to 24.43% in Sep 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 7.92% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, ICICI Bank Ltd has given 29.4% return, outperforming this stock by 29.2%
- NO EFFECT
Against Peers
In the last 3 years, State Bank of India has given 86.6% return, outperforming this stock by 20.2%
NEGATIVE IMPACTPrice Dip
In the last 1 month, AXISBANK stock has moved down by -1.0%
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 50.97% to 49.42% in Sep 2024 quarter
News
Why IT looks safer & more defensive compared to other segments? Amnish Aggarwal explains
There is a March slowdown in Europe, whether these are ER&D companies or auto companies, they are feeling some heat over there and that is reflected in the numbers of whether you look at the likes of say even your KPIT is there, Tata Elxsi is there. Even LTTS did not have that great a number.12 Dec, 2024 08:30 AMAxis Bank Ltd Financials
Index Inclusions
Axis Bank Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 7.92% | ||
| Foreign Institutions | 49.42% | ||
| Mutual Funds | 24.43% | 6.82 | |
| Retail Investors | 6.41% | 1.29 | |
| Others | 11.82% |
Axis Bank Ltd Key Indicators
Axis Bank Ltd Valuation
Axis Bank Ltd in the last 5 years
Lowest (11.96x)
April 18, 2024
Today (12.26x)
December 19, 2024
Industry (15.85x)
December 19, 2024
Highest (85.01x)
August 28, 2020
Axis Bank Ltd Earnings and Dividends
Axis Bank Ltd Earnings Results
Axis Bank Ltd’s net profit jumped 19.3% since last year same period to ₹7,401.26Cr in the Q2 2024-2025. On a quarterly growth basis, Axis Bank Ltd has generated 14.99% jump in its net profits since last 3-months.
Read More about Earnings ResultsAxis Bank Ltd Dividends April,2024
In the quarter ending March 2024, Axis Bank Ltd has declared dividend of ₹1 - translating a dividend yield of 0.19%.
Read More about Dividends
Axis Bank Ltd Technicals Summary
Bearish
Neutral
Bullish
Axis Bank Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Axis Bank Ltd (AXISBANK) share price today is ₹1071.85
Axis Bank Ltd is listed on NSE
Axis Bank Ltd is listed on BSE
- Today’s highest price of Axis Bank Ltd is ₹1105.85.
- Today’s lowest price of Axis Bank Ltd is ₹1065.
PE Ratio of Axis Bank Ltd is 12.26
PE ratio = Axis Bank Ltd Market price per share / Axis Bank Ltd Earnings per share
Today’s traded volume of Axis Bank Ltd(AXISBANK) is 1.26Cr.
Today’s market capitalisation of Axis Bank Ltd(AXISBANK) is ₹347314.92Cr.
| Axis Bank Ltd(AXISBANK | Price |
|---|---|
52 Week High | ₹1339.65 |
52 Week Low | ₹995.7 |
Axis Bank Ltd(AXISBANK) share price is ₹1071.85. It is down -19.99% from its 52 Week High price of ₹1339.65
Axis Bank Ltd(AXISBANK) share price is ₹1071.85. It is up 7.65% from its 52 Week Low price of ₹995.7
| Axis Bank Ltd(AXISBANK | Returns |
|---|---|
1 Day Returns | -37.05% |
1 Month Returns | -2.66% |
3 Month Returns | -11.06% |
1 Year Returns | 1.23% |