₹1030.9▲0.56%
Overview of Axis Bank Ltd
Axis Bank received multiple positive nudges throughout the day including YES Securities' recommendation to buy, Nomura's upgrade of India to overweight, and the bank's announcement to expand its branch network in Gujarat.
Nomura Recommends Axis Bank Among Domestic Growth Stocks - 27 Sep, 2023
Axis Bank is recommended by Nomura as a stock with favourable relative valuations and exposure to domestic growth sectors like banks and infrastructure.
Positive Views Expressed for Axis Bank Ltd by Analyst - 26 Sep, 2023
Analyst Sudeep Shah has expressed positive views on Axis Bank Ltd, citing above-average rollovers and potential action in the upcoming expiry week.
Axis Bank Faces Losses; Axis MF Conducts Investor Survey - 25 Sep, 2023
Axis Bank faces losses while Axis Mutual Fund conducts an investor survey to ascertain 'Risk Comprehension' amongst Indian investors. Banks and insurers also adopt video-based services.
Axis Bank Launches Transaction Banking Platform for MSMEs - 22 Sep, 2023
Axis Bank launched NEO for Business, a transaction banking platform for Indian MSMEs. The bank's chief economist stated that India could achieve current account deficit neutrality with stable oil prices and growth above 6%. Axis Bank also faced selling pressure for the third consecutive session.
Axis Bank Slips Among Top Losers, Jefferies Estimates Lower Cost Pressures - 21 Sep, 2023
Axis Bank's stock slipped 0.8% making it one of the top losers in the Sensex pack. Jefferies estimates that the bank will see lower cost pressures due to a majority of hikes in term deposit rate pass-through to P&L.
Axis Bank Stock Price Breaks Out to All-Time High Levels Amidst Mixed Trading Day - 20 Sep, 2023
Axis Bank's stock price reaches all-time high levels amidst mixed trading day. The bank is among both gainers and losers in the blue-chip index. Additionally, its subsidiary, Axis Finance, challenges NCLT's nod to Zee-Sony merger.
Axis Bank Shows Strong Performance Amid Resignation News - 18 Sep, 2023
Despite the resignation of its investment banking unit co-CEO, Axis Bank shows strong performance with a buy recommendation and positive outlook from analysts.
Axis Bank Stock Sees Mixed Performance - 16 Sep, 2023
Axis Bank's stock saw a decline of 5.11% last week but rose by 4.8% in Nifty 50 stocks today.
Axis Bank Hits New High Amid Reshuffle - 15 Sep, 2023
Axis Bank's stock hit a new 52-week high and displayed strong performance amidst expectations of benefiting from the Sensex reshuffle. However, Chirag Negandhi resigned as co-CEO of Axis Capital.
Axis Bank Stock Experiences Mixed Day Amidst Merger Appeal - 14 Sep, 2023
Axis Bank's stock experienced a mixed day as it saw gains and losses amidst news of an appeal filed by Axis Finance challenging the NCLT approval of the Zee-Sony merger.
Axis Bank Gains on Positive Reports - 13 Sep, 2023
Axis Bank's EPS growth sends share prices higher. Jefferies Asia Forum gives a Buy rating with Rs1,200 price target. The bank is among the major gainers.
Axis Bank Gains on Sensex Firms; Reaches 52-Week High - 12 Sep, 2023
Axis Bank's stock gains on Sensex firms and reaches a 52-week high of Rs. 1010 levels.
Axis Bank Rises Among Major Gainers - 11 Sep, 2023
Axis Bank's stock rose as it was among the major gainers on the Sensex platform and among the Sensex firms, along with predictions of earnings growth and impressive returns from its gold ETF.
Private Sector Banks Report Strong Profit Growth - 10 Sep, 2023
HDFC, ICICI, and Axis Bank reported strong double-digit growth in profits.
Axis Bank Sees Drop in Market Cap - 09 Sep, 2023
Axis Bank saw a drop in market cap, while also closing the previous week down 3.29% with key support and resistance levels.
Axis Bank Sees Positive Outlook Amidst Upcoming IPO - 08 Sep, 2023
Axis Bank's CEO emphasizes the importance of strong deposit growth for credit offtake. Axis Securities maintains a positive outlook on the Indian economy and markets. Axis Bank is among the lead book-running managers of an upcoming IPO.
Axis Bank Emerges as Top Gainer in Sensex Pack - 07 Sep, 2023
Axis Bank saw high turnover and emerged as a top gainer in the Sensex pack with multiple 'buy' calls from private sector lenders.
Axis Bank Faces Losses Despite Potential Inflows - 06 Sep, 2023
Despite potential inflows of over $10 million due to increased index weightage, Axis Bank faced losses as it was among the major laggards on the Sensex pack.
Axis Bank Faces Dispute with Bombay Dyeing - 05 Sep, 2023
Axis Bank is embroiled in a dispute with Bombay Dyeing over the transfer of land and breach of agreement terms.
Source: S&P Global Market Intelligence
0.55%
Downside
Day's Volatility:1.24%
Upside
0.68%
31.35%
Downside
52 Weeks Volatility:32.96%
Upside
1.61%
Returns % | |
1 Month Return | 5.12 % |
3 Month Return | 4.4 % |
1 Year Return | 43.38 % |
Market Stats | |
Previous Close | ₹1,025.20 |
Open | ₹1,027.00 |
Volume | 1.58Cr |
Market Cap | ₹3,17,698.72Cr |
Organisation | Axis Bank Ltd |
Headquarters | Mumbai |
Industry | Banks |
E-voting on shares | Click here to vote |
Fundamentals of Axis Bank Ltd
In the last 3 years, AXISBANK stock has moved up by 130.9%
Foreign Institutions have increased holdings from 47.86% to 50.48% in Jun 2023 quarter
Revenue is up for the last 4 quarters, 22.68K Cr → 30.12K Cr (in ₹), with an average increase of 9.0% per quarter
In the last 1 year, AXISBANK has outperformed top 5 stocks with highest market-cap in Banks
In the last 3 years, State Bank of India has given 217.4% return, outperforming this stock by 86.6%
Promoters have decreased holdings from 7.96% to 7.95% in Jun 2023 quarter
Mutual Funds have decreased holdings from 23.06% to 21.08% in Jun 2023 quarter
Retail Investor have decreased holdings from 10.53% to 9.62% in Jun 2023 quarter
Netprofit is down for the last 2 quarters, 6.18K Cr → -5.36K Cr (in ₹), with an average decrease of 186.7% per quarter
Axis Bank Ltd in the last 5 years
Lowest (12.08x)
October 3, 2022
Industry (18.25x)
September 28, 2023
Today (25.29x)
September 28, 2023
Highest (85.01x)
August 28, 2020
Funds | Holdings |
![]() | 5.61% |
![]() | 4.92% |
![]() | 5.2% |
![]() | 4.54% |
![]() | 1.92% |
Investors | Holdings % | Prev. 2 periods | 3M change |
---|---|---|---|
Promoter Holdings | 7.95% | ||
Foreign Institutions | 50.48% | 5.48 | |
Mutual Funds | 21.08% | ||
Retail Investors | 9.62% | ||
Others | 10.87% | 2.64 |
Technicals of Axis Bank Ltd share
News & Events of Axis Bank Ltd
Axis Bank declared a loss of ₹5,728 cr in Q4FY23 due to Citibank's consumer business acquisition expenses. Did it declare any dividends?
Axis Bank had declared a dividend of Rs. 1 per share while announcing earnings of March quarter of 2023.
61.22% of INDmoney users answered correctly
How much losses Axis Bank might have to bear due to Axis-Citi bank retail business deal in India?
Analysts expect Axis Bank might have to face an accounting loss of Rs 5,000 crore to Rs 6,000 crore due to one-off extra expenses relating to the formation of goodwill, and provisioning policy around Citi bank deal.
53.46% of INDmoney users answered correctly
News
Adani Power reported on Thursday that two promoter group companies, Fortitude Trade and Investment and Emerging Market Investment DMCC, have collectively acquir... Read more
28 Sep, 2023 06:03 PMFollowing the acquisition, the promoter group shareholding in the company went up to 69.09%.... Read more
29 Sep, 2023 12:15 AMAxis Bank Ltd(AXISBANK | Price |
---|---|
52 Week High | ₹1047.5 |
52 Week Low | ₹707.7 |
Axis Bank Ltd(AXISBANK | Returns |
---|---|
1 Day Returns | 5.7% |
1 Month Returns | 5.12% |
3 Month Returns | 4.4% |
1 Year Returns | 43.38% |