based on 43 analysts
80.95%
Buy
19.05%
Hold
0.00%
Sell
Based on 43 analysts offering long term price targets for Axis Bank Ltd. An average target of ₹1356.88
Source: S&P Global Market Intelligence
Axis Bank Ltd price forecast by 43 analysts
Upside of16.02%
High
₹1550
Target
₹1356.88
Low
₹1107
Axis Bank Ltd target price ₹1356.88, a slight upside of 16.02% compared to current price of ₹1139.25. According to 43 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, FY2026:13.26%
Forecast
Actual
Source: S&P Global Market Intelligence
Day's Low
Day's High
52 Week's Low
52 Week's High
Returns % | |
1 Month Return | -0.75 % |
3 Month Return | + 3.18 % |
1 Year Return | + 15.87 % |
Market Stats | |
Previous Close | ₹1,169.55 |
Open | ₹1,172.00 |
Volume | 92.89L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹3,61,816.66Cr |
P/E Ratio | 12.93 |
PEG Ratio | 0.27 |
Market Cap | ₹3,61,816.66 Cr |
P/B Ratio | 2.15 |
EPS | 85.61 |
Dividend Yield | 0.1 |
Sector | Banks |
ROE | 17.98 |
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
---|---|---|---|---|---|---|
BUY | ₹3,61,816.66 Cr | 11.5% | NA | ₹26,386 Cr | ₹1,37,989 Cr | |
BUY | ₹82,768.02 Cr | -4.29% | NA | ₹8,977 Cr | ₹55,143 Cr | |
BUY | ₹29,585.49 Cr | -13.77% | NA | NA | NA | |
BUY | ₹9,10,545.88 Cr | 34.91% | NA | ₹44,256 Cr | ₹2,36,037 Cr | |
BUY | ₹13,25,695.12 Cr | 8.09% | NA | ₹64,062 Cr | ₹4,07,994 Cr |
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 fell nearly 2% amid a cautious broader market sentiment influenced by economic challenges. The stock opened at ₹1,172.00, reaching a low of ₹1,147.05 during a volatile trading session.
Axis Bank Recommended for Investment Amid Eased Liquidity - 02 Nov, 2024
Neelkanth Mishra, Chief Economist at Axis Bank, advises investors to buy banking stocks, citing improved liquidity and expected credit growth. The RBI's easing stance is seen as a catalyst for increased lending and profitability, particularly for private banks, as India approaches a cyclical recovery.
Axis Bank's New Policy Reduces Attrition Rate - 01 Nov, 2024
Axis Bank's introduction of the 7Up policy post-Covid-19 has led to a decrease in employee attrition from 34.8% to 28.8% in FY24, indicating positive outcomes from the initiative.
Economy Slows but Recovery Expected by January - 31 Oct, 2024
Neelkanth Mishra, Chief Economist at Axis Bank, notes a slowdown in the economy but anticipates a recovery by January. He recommends investing in private banks and capital expenditure plays.
Axis Bank Embraces AI Without Job Losses - 30 Oct, 2024
Axis Bank asserts that AI will change work dynamics but will not result in job losses. The bank plans to expand its workforce, focusing on technology and customer-facing roles.
Axis Bank Shows Bullish Signals for Price Increase - 29 Oct, 2024
Axis Bank's stock shows stability near its 40-week EMA, forming a bullish Hammer candlestick pattern. A significant bullish candle at Rs 1,124 supports an upward trend. HDFC Securities recommends buying within Rs 1,189-1,210, targeting Rs 1,332 and Rs 1,403, citing rising momentum and increased trading volumes.
SEBI Issues Show-Cause Notices to Axis Bank - 28 Oct, 2024
Axis Bank and its subsidiaries received show-cause notices from SEBI concerning their stake acquisition in Max Life Insurance, raising concerns over fair market value compliance. The bank plans to respond, asserting that necessary regulatory approvals were obtained for the transactions.
Sebi Issues Notice to Axis Bank on Stake Acquisition - 27 Oct, 2024
The Securities and Exchange Board of India has issued a show cause notice to Axis Bank concerning its stake acquisition in Max Life Insurance, which raised its holding to 19.99%. Axis Bank plans to respond, asserting compliance with regulatory approvals.
SEBI Issues Notice to Axis Bank Over Max Life Stake - 26 Oct, 2024
The Securities and Exchange Board of India (SEBI) has issued a show cause notice to Axis Bank concerning its stake acquisition in Max Life Insurance, which raised its holding to 19.99%. Axis Bank plans to respond, asserting compliance with regulatory approvals.
RBI Approves Amitabh Chaudhry's Re-appointment at Axis Bank - 25 Oct, 2024
The Reserve Bank of India has approved Amitabh Chaudhry's re-appointment as MD & CEO of Axis Bank for three years starting January 1, 2025. This decision follows earlier approvals from the bank's board and shareholders. The bank's shares were trading positively amid overall market weakness.
Axis Bank Leadership Changes and Growth Updates - 24 Oct, 2024
The RBI has approved Amitabh Chaudhry's re-appointment as MD and CEO of Axis Bank for three years. Additionally, Ganesh Sankaran announced his resignation from the bank's wholesale banking division.
Analysts Recommend Buying Axis Bank on Dips - 23 Oct, 2024
On October 23, analysts advised purchasing Axis Bank shares on dips, while the bank's CFO reported significant retail slippages. The bank is monitoring its micro loan portfolio closely.
Axis Bank Reports Earnings; Maintains Neutral Rating - 22 Oct, 2024
Axis Bank reported a net profit of INR 69.2 billion for 2QFY25, an 18% YoY increase. Despite higher provisions, loans and deposits grew, but key metrics raise concerns. Motilal Oswal maintains a Neutral rating with a target price of INR 1,225.
Axis Bank Reports Slippages and Revises FD Rates - 21 Oct, 2024
Axis Bank's gross slippages increased 36% YoY, largely from unsecured loans. The bank also revised fixed deposit interest rates, offering up to 7.75% for senior citizens.
Axis Bank Breaks Out with Bullish Momentum - 20 Oct, 2024
Axis Bank's stock has achieved a neckline breakout of the Adam and Adam Double Bottom pattern, confirmed by strong volume. The stock has surged above key moving averages, indicating bullish momentum, with an upside target of Rs 1,251. Support is expected in the Rs 1,170-1,160 range.
Axis Bank Shares Surge After Profit Increase - 19 Oct, 2024
Axis Bank's shares rose nearly 6% following a 19.29% increase in consolidated net profit for the September quarter, reaching Rs 7,401.26 crore.
Axis Bank Reports Strong Q2 Earnings Growth - 18 Oct, 2024
Axis Bank's Q2 FY25 results show an 18% YoY increase in net profit to Rs 6,918 crore, driven by solid total income growth. Analysts have mixed views, with some cutting target prices due to concerns over slower growth and elevated credit costs. Despite this, the bank's performance remains strong overall.
Axis Bank Reports Strong Q2 Earnings Amid Challenges - 17 Oct, 2024
Axis Bank's Q2 FY25 results show an 18% increase in net profit to ₹6,918 crore, despite rising provisions due to retail slippages. The gross NPA ratio improved to 1.44%. However, shares fell 1.8% amid concerns over unsecured loan stress.
Axis Bank Q2 Results Preview Shows Positive Growth - 16 Oct, 2024
Axis Bank is expected to report an 8-9% year-on-year increase in net profit for Q2 FY25, driven by growth in net interest income. The bank's shares slipped slightly ahead of the results announcement scheduled for October 17, 2024.
Axis Bank Q2 Preview Shows Modest Profit Growth - 15 Oct, 2024
Axis Bank's Q2 results are anticipated to show modest profit growth, with net profit expected at Rs 6,630 crore, driven by tepid loan growth and increased deposits. Analysts predict challenges with net interest margins (NIM) due to slower loan growth and higher costs of funds.
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
MF Holding Up
Mutual Funds have increased holdings from 22.87% to 24.43% in Sep 2024 quarter
Revenue 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
Retail Holding Up
Retail Investor have increased holdings from 6.33% to 6.41% in Sep 2024 quarter
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
Against Peers
In the last 1 year, State Bank of India has given 43.0% return, outperforming this stock by 27.1%
Against Peers
In the last 3 years, ICICI Bank Ltd has given 65.2% return, outperforming this stock by 9.8%
Promoter Holding Unchanged
Promoters holdings remained unchanged at 7.92% of holdings in Sep 2024 quarter
FII Holding Down
Foreign Institutions have decreased holdings from 50.97% to 49.42% in Sep 2024 quarter
Price Dip
In the last 7 days, AXISBANK stock has moved down by -0.2%
News
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 in the last 5 years
Lowest (11.96x)
April 18, 2024
Today (12.93x)
November 1, 2024
Industry (15.69x)
November 1, 2024
Highest (85.01x)
August 28, 2020
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 ResultsIn the quarter ending March 2024, Axis Bank Ltd has declared dividend of ₹1 - translating a dividend yield of 0.18%.
Read More about DividendsBearish
Neutral
Bullish
Axis Bank Ltd is currently in a Bearish trading position according to technical analysis indicators.
Axis Bank Ltd (AXISBANK) share price today is ₹1139.25
Axis Bank Ltd is listed on NSE
Axis Bank Ltd is listed on BSE
PE Ratio of Axis Bank Ltd is 12.93
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 92.89L.
Today’s market capitalisation of Axis Bank Ltd(AXISBANK) is ₹361816.66Cr.
Axis Bank Ltd(AXISBANK | Price |
---|---|
52 Week High | ₹1339.65 |
52 Week Low | ₹968 |
Axis Bank Ltd(AXISBANK) share price is ₹1139.25. It is down -14.96% from its 52 Week High price of ₹1339.65
Axis Bank Ltd(AXISBANK) share price is ₹1139.25. It is up 17.69% from its 52 Week Low price of ₹968
Axis Bank Ltd(AXISBANK | Returns |
---|---|
1 Day Returns | -30.3% |
1 Month Returns | -0.75% |
3 Month Returns | 3.18% |
1 Year Returns | 15.87% |