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Axis Bank Ltd share price logo

Axis Bank Share Price

(AXISBANK)

₹1086.61.38%

as on 04:02PM, 02 Jan 2025

Overview
News
Financials
Q3 2024 Results
Technicals
F&O

Axis Bank Analyst Rating

based on 42 analysts

BUY

80.95%

Buy

19.05%

Hold

0.00%

Sell

Based on 42 analysts offering long term price targets for Axis Bank. An average target of ₹1365.26

Source: S&P Global Market Intelligence

Axis Bank Share analysis

Axis Bank price forecast by 42 analysts

Upside of27.38%

High

₹1590

Target

₹1365.26

Low

₹1210

Axis Bank target price ₹1365.26, a slight upside of 27.38% compared to current price of ₹1086.6. According to 42 analysts rating.

Source: S&P Global Market Intelligence

Axis Bank Performance

  • Day's Low

    Day's High

    ₹1,067.5
    Day's Price Range
    ₹1,088.7
  • 52 Week's Low

    52 Week's High

    ₹995.7
    52-Week Price Range
    ₹1,339.65
1 Month Return-5.74 %
3 Month Return-8.84 %
1 Year Return-1.96 %
Previous Close₹1,071.80
Open₹1,072.00
Volume65.57L
Upper Circuit-
Lower Circuit-
Market Cap₹3,31,732.60Cr

Axis Bank Key Statistics

P/E Ratio11.85
PEG Ratio0.25
Market Cap₹3,31,732.60 Cr
P/B Ratio2.15
EPS85.61
Dividend Yield0.1
SectorBanks
ROE17.98

Axis Bank Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹3,31,732.60 Cr8.32%NA₹26,386 Cr₹1,37,989 Cr
BUY₹75,521.27 Cr-7.32%NA₹8,977 Cr₹55,143 Cr
BUY₹25,764.26 Cr-13.59%NANANA
BUY₹9,06,140.36 Cr27.49%NA₹44,256 Cr₹2,36,037 Cr
BUY₹13,63,503.45 Cr7.71%NA₹64,062 Cr₹4,07,994 Cr

About Axis Bank

Axis Bank Ltd is an Indian private sector bank incorporated in 1994. It is the third largest private sector bank in India and offers a comprehensive suite of financial products. The bank has operations in retail banking, corporate banking, treasury, investment banking, mortgage loans, private banking, wealth management, credit cards, and other financial services.

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: ₹1086.60 per share as on 02 Jan, 2025 04:02 PM
Market Capitalisation: ₹3,31,732.60Cr 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
OrganisationAxis Bank
HeadquartersMumbai
IndustryBanks
E-voting on sharesClick here to vote

Key events for Axis Bank Ltd

  • Axis Bank Faces Market Challenges Amid Leadership Plans - 01 Jan, 2025

    Axis Bank's current market position shows a sell call at Rs 1,073, while CEO Amitabh Chaudhry emphasizes growth strategies for his third term. The bank is also listed among top market losers today.
  • Analysts Recommend Buy for Axis Bank Ltd - 31 Dec, 2024

    On December 31, 2024, analysts shared buy recommendations for Axis Bank Ltd, suggesting a favorable outlook for the stock amidst market movements.
  • Insider Trading Allegations Against Axis Bank Employee - 30 Dec, 2024

    Vaibhav Pitadiya, a relationship manager at Axis Bank, is accused of exploiting insider knowledge to manipulate vulnerabilities in CRED's corporate account, which handles significant daily transactions.
  • Axis Bank Staff Arrested in Major Embezzlement Case - 29 Dec, 2024

    Karnataka police arrested an Axis Bank relationship manager and three accomplices for siphoning off Rs 12.2 crore from Dreamplug Paytech Solutions using forged documents and unauthorized access.
  • Axis Bank Enhances Interoperability for PPI Wallets - 27 Dec, 2024

    Axis Bank's President Sanjeev Moghe announced that Full KYC Prepaid Payment Instruments (PPIs) will become interoperable, similar to bank accounts and RuPay credit cards, allowing integration with any UPI app.
  • Axis Bank Market Price and Cap Update - 26 Dec, 2024

    As of December 26, 2024, Axis Bank's market price stands at ₹1,076.80, reflecting a slight decline of -0.19%, with a market capitalization of ₹3,26,763 crore.
  • Axis Bank Faces Allegations of Fraud and Misconduct - 25 Dec, 2024

    Paritosh Upadhyay alleges Rs 6.5 crore was siphoned from his Axis Bank account through forged cheques. Axis Bank denies the claims, stating transactions were made with Upadhyay's knowledge. The case has raised concerns among other clients, leading to a potential erosion of trust in the bank.
  • Axis Bank's Strategic Insights on Growth and Acquisitions - 24 Dec, 2024

    Axis Bank's leadership discusses maintaining NIM, skepticism on interest rate cuts boosting capex, and rules out acquisitions of Yes Bank or IDBI Bank while remaining open to future opportunities.
  • 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.

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.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 37.79K Cr → 39.20K Cr (in ₹), with an average increase of 3.6% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 6.33% to 6.41% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 6.43K Cr → 7.40K Cr (in ₹), with an average increase of 13.0% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 22.87% to 24.43% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, ICICI Bank Ltd has given 30.7% return, outperforming this stock by 32.6%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 7.92% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, State Bank of India has given 68.5% return, outperforming this stock by 14.6%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, AXISBANK stock has moved down by -5.7%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 50.97% to 49.42% in Sep 2024 quarter

News

Stocks to Watch Today: Key Market Updates and Earnings Reports

The company has invested Rs 412.8 crore by subscribing to ordinary shares of its subsidiary, The Beverage Company Proprietary, South Africa.03 Jan, 2025 12:22 AM

Market Updates: Key Developments from Varun Beverages, NHPC, and More

Leading bottler of beverage major PepsiCo announced an investment of ₹413 crore by subscribing to 1,984,695 ordinary shares in its South African subsidiary, The Beverage Company Proprietary Ltd (Bevco), at a price of ZAR 453.47 per share. This acquisition results in an incremental shareholding of 2.42% in Bevco. The investment aims to assist Bevco in repaying its existing debt and strengthening its balance sheet for future business growth.02 Jan, 2025 09:45 PM

Varun Beverages Announces Rs 412 Cr Investment in South African Subsidiary

Varun Beverages Ltd (VBL), the leading bottler of PepsiCo, on Thursday announced to invest Rs 412 crore in its South African subsidiary Beverage Company Proprietary (Bevco). Bevco, an existing subsidiary of our VBL, is engaged in the business of manufacturing and distribution of licensed products from PepsiCo and also own-branded non-alcoholic beverages in South Africa. Besides Bevco also has franchise rights from PepsiCo in South Africa, Lesotho and Eswatini. The company has invested Rs 412.80 crore by subscribing Ordinary Shares of its subsidiary company i.e. The Beverage Company Proprietary Limited, South Africa, VBL said in a regulatory filing. Bevco allotted 19.84 lakh ordinary shares to VBL and this fresh investment will result in an incremental share capital of 2.42 per cent, according to a disclosure by the company. It will also help Bevco to repay its existing debt and strengthen balance sheet for business growth, BVL added. Promoted by the Jaipuria family, VBL accounts for 90 per cent of PepsiCos beverage sales volume in India. In December 2023, VBL announced the acquisition of a South Africa-based Beverage Company (Bevco) along with its wholly-owned subsidiaries at an enterprise value of Rs 1,320 crore, which will help it expand its geographical footprint in the African market.02 Jan, 2025 08:30 PM
View More

Axis Bank Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹33,122.23Cr (-)₹35,136.83Cr (↑6.08%)₹37,836.10Cr (↑7.68%)₹37,795.88Cr (↓0.11%)₹39,203.77Cr (↑3.72%)
Net Income₹6,204.15Cr (-)₹6,491.66Cr (↑4.63%)₹7,599.04Cr (↑17.06%)₹6,436.43Cr (↓15.30%)₹7,401.26Cr (↑14.99%)
Net Profit Margin18.73% (-)18.48% (↓1.33%)20.08% (↑8.66%)17.03% (↓15.19%)18.88% (↑10.86%)
Value in ₹ crore
Details2021202220232024
Total Assets₹9,86,839.67Cr (-)₹11,75,625.23Cr (↑19.13%)₹13,17,743.86Cr (↑12.09%)₹14,77,892.91Cr (↑12.15%)
Total Liabilities₹9,86,839.67Cr (-)₹11,75,625.23Cr (↑19.13%)₹13,17,743.86Cr (↑12.09%)₹14,77,892.91Cr (↑12.15%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹29,613.28Cr (-)₹13,582.64Cr (↓54.13%)₹33,951.27Cr (↑149.96%)₹26,902.11Cr (↓20.76%)₹6,460.68Cr (↓75.98%)

Index Inclusions

S&P BSE Private Banks

₹18,296.41

1.05 (190.95%)

Nifty Financial

₹24,006.70

1.64 (386.75%)

Nifty Services Sector

₹32,065.70

1.71 (538.7%)

DFRGRI Indices

₹1,463.32

2.27 (32.42%)

S&P BSE 100 LargeCap TMC

₹9,019.51

1.76 (155.93%)

NIFTY 50

₹24,188.65

1.88 (445.75%)

S&P BSE Largecap

₹9,390.48

1.76 (162.24%)

Nifty100 Eq Weig

₹31,971.45

1.65 (518.8%)

NIFTY 100

₹25,028.80

1.76 (433.1%)

S&P BSE Fin. Ser

₹11,610.80

1.47 (167.87%)

SENSEX

₹79,943.71

1.83 (1436.3%)

Nifty Private Bank

₹25,244.25

1.41 (350.7%)

S&P BSE 250 LargeMidCap

₹10,595.06

1.6 (166.43%)

BANKEX

₹58,555.83

1.11 (642.95%)

Nifty 500

₹22,819.75

1.5 (337.95%)

S&P BSE 100 ESG

₹401.04

1.7 (6.71%)

Nifty 200

₹13,685.05

1.65 (222.6%)

BANK NIFTY

₹51,605.55

1.07 (544.95%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

S&P BSE SENSEX 50

₹25,429.79

1.86 (464.73%)

BSE 100

₹25,613.03

1.77 (445.59%)

BSE 200

₹11,156.43

1.64 (179.51%)

S&P BSE Bharat 22

₹8,675.04

1.28 (109.59%)

Nifty LargeMidcap 250

₹16,009.05

1.41 (222.95%)

BSE 500

₹35,878.66

1.49 (526.52%)

Axis Bank Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
7.92%
-0.10
Foreign Institutions
49.42%
-3.03
Mutual Funds
24.43%
6.82
Retail Investors
6.41%
1.29
Others
11.82%
-0.73

Axis Bank Key Indicators

Details20202021202220232024
Return On Equity %2.157.0612.027.9617.98
Details20202021202220232024
Return On Assets %0.20.731.20.821.79
Details20202021202220232024
Book Value Per Share (₹)305.99338.13384.75420.42505.84
Details20202021202220232024
Earning Per Share (₹)6.6623.6746.1435.2785.61

Axis Bank Valuation

Axis Bank in the last 5 years

  • Overview

  • Trends

Lowest (11.77x)

December 31, 2024

Today (11.85x)

January 1, 2025

Industry (15.40x)

January 1, 2025

Highest (85.01x)

August 28, 2020

LowHigh

Axis Bank 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 Results
  • Axis 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 Technicals Summary

Bearish

Neutral

Bullish

Bearish

Axis Bank Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Axis Bank Ltd

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Axis Bank Ltd (AXISBANK) share price today is ₹1086.6

Axis Bank Ltd is listed on NSE

Axis Bank Ltd is listed on BSE

  • Today’s highest price of Axis Bank Ltd is ₹1088.7.
  • Today’s lowest price of Axis Bank Ltd is ₹1067.5.

PE Ratio of Axis Bank Ltd is 11.85

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 65.57L.

Today’s market capitalisation of Axis Bank Ltd(AXISBANK) is ₹331732.6Cr.

Axis Bank Ltd(AXISBANKPrice
52 Week High
₹1339.65
52 Week Low
₹995.7

Axis Bank Ltd(AXISBANK) share price is ₹1086.6. It is down -18.89% from its 52 Week High price of ₹1339.65

Axis Bank Ltd(AXISBANK) share price is ₹1086.6. It is up 9.13% from its 52 Week Low price of ₹995.7

Axis Bank Ltd(AXISBANKReturns
1 Day Returns
14.8%
1 Month Returns
-5.74%
3 Month Returns
-8.84%
1 Year Returns
-1.96%