AXISBANK

Axis Bank Share Price Axis Bank

₹1,169.8
+3.9 (0.33%)
02 May, 2024 09:40 BSE: 532215 NSE: AXISBANKISIN: INE238A01034

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Axis Bank Performance

Day Range

  • Low 1,156
  • High 1,174
₹ 1,169

52 Week Range

  • Low 854
  • High 1,183
₹ 1,169
  • Open Price1,156
  • Previous Close1,166
  • Volume1216537

Axis Bank Share Price

  • Over 1 Month +10.71%
  • Over 3 Month +7.53%
  • Over 6 Month +19.97%
  • Over 1 Year +35.57%

Axis Bank Key Statistics

P/E Ratio 13.7
PEG Ratio 0.1
Market Cap Cr 361,147
Price to Book Ratio 2.3
EPS 80.5
Dividend 0.1
Relative Strength Index 72.54
Money Flow Index 66.03
MACD Signal 4.64
Average True Range 25.88
Axis Bank Financials
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 29,22527,96126,62625,55723,970
Operating Expenses Qtr Cr 9,3198,9468,7178,2327,470
Operating Profit Qtr Cr 10,5369,1418,6328,8149,168
Depreciation Qtr Cr 00000
Interest Qtr Cr 16,13615,42914,31213,59812,228
Tax Qtr Cr 2,2212,0421,9541,9822,100
Net Profit Qtr Cr 7,1306,0715,8645,797-5,728
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 131,811101,665
Operating Expenses Annual Cr 35,21339,656
Operating Profit Annual in Cr 37,12319,791
Depreciation Cr 013,094
Interest Annual Cr 59,47442,218
Tax Annual Cr 8,1997,326
Net Profit Annual Cr 24,8619,580
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 6,46126,902
Cash from Investing Activity Annual Cr -9,258-33,022
Cash from Financing Annual Activity Cr 10,7611,239
Net Cash Flow Annual Cr -4,881
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 150,235125,417
Fixed Assets Annual Cr 5,6854,734
Total Non Current Assets Annual Cr 00
Total Current Assets Annual Cr 1,139,9971,023,777
Total Assets Annual Cr 1,477,2091,317,326
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 487408
ROE Annual % 178
ROCE Annual % 75
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 00
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 30,23128,86527,41826,24624,630
Operating Expenses Qtr Cr 9,9079,4579,2078,6717,900
Operating Profit Qtr Cr 11,2029,7379,1669,2529,645
Depreciation Qtr Cr 00000
Interest Qtr Cr 16,72715,94314,74913,97212,580
Tax Qtr Cr 2,3712,1942,0962,0932,218
Net Profit Qtr Cr 7,5996,4926,2046,091-5,362
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 137,989106,155
Operating Expenses Annual Cr 37,24341,227
Operating Profit Annual in Cr 39,35621,539
Depreciation Cr 013,143
Interest Annual Cr 61,39143,389
Tax Annual Cr 8,7547,769
Net Profit Annual Cr 26,38610,818
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr -5,55522,075
Cash from Investing Activity Annual Cr -9,088-32,694
Cash from Financing Annual Activity Cr 22,3416,641
Net Cash Flow Annual Cr -3,979
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 156,129129,782
Fixed Assets Annual Cr 5,8385,142
Total Non Current Assets Annual Cr 00
Total Current Assets Annual Cr 1,180,0471,051,181
Total Assets Annual Cr 1,518,2391,344,418
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 506422
ROE Annual % 178
ROCE Annual % 75
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 00

Axis Bank Technicals

EMA & SMA

Current Price
₹1,169.8
+3.9 (0.33%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹1,087.35
  • 50 Day
  • ₹1,077.32
  • 100 Day
  • ₹1,068.29
  • 200 Day
  • ₹1,035.44
  • 20 Day
  • ₹1,076.06
  • 50 Day
  • ₹1,075.85
  • 100 Day
  • ₹1,086.39
  • 200 Day
  • ₹1,038.71

Axis Bank Resistance and Support

PIVOT
₹1,167.99
Resistance
First Resistance 1,180.82
Second Resistance 1,195.73
Third Resistance 1,208.57
RSI 72.54
MFI 66.03
MACD Single Line 4.64
MACD 17.90
Support
First Resistance 1,153.07
Second Resistance 1,140.23
Third Resistance 1,125.32

Axis Bank Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 19,239,625 875,018,145 45.48
Week 19,704,814 900,312,952 45.69
1 Month 15,518,408 945,536,572 60.93
6 Month 10,644,953 601,972,078 56.55

Axis Bank Result Highlights

Axis Bank Synopsis

NSE-Banks-Money Center

Axis Bank Ltd. is involved in the business activities of Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses. Company’s Total Operating Revenue is Rs. 109368.63 Cr. and Equity Capital is Rs. 617.31 Cr. for the Year ended 31/03/2024. Axis Bank Ltd. is a Public Limited Listed company incorporated on 03/12/1993 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L65110GJ1993PLC020769 and registration number is 020769.
Market Cap 359,943
Sales 131,811
Shares in Float 284.03
No of funds 1668
Yield 0.09
Book Value 2.4
U/D Vol ratio 1.1
LTDebt / Equity 131
Alpha
Beta 0.84

Axis Bank

Owner NameMar-24Dec-23Sep-23Jun-23
Promoters 8.22%8.2%8.22%8.19%
Mutual Funds 22.67%21.43%21.29%21.71%
Insurance Companies 4.61%4.51%4.67%5.05%
Foreign Portfolio Investors 53.84%54.68%53%52%
Financial Institutions/ Banks 0.07%0.11%0.12%0.12%
Individual Investors 5.13%5.38%5.58%5.69%
Others 5.46%5.69%7.12%7.24%

Axis Bank Management

Name Designation
Mr. Rakesh Makhija Part Time Chairman & Independent Director
Mr. Amitabh Chaudhry Managing Director & CEO
Mr. Rajiv Anand Deputy Managing Director
Mr. Ashish Kotecha Non Exe. & Nominee Director
Mr. T C Suseel Kumar Non Exe. & Nominee Director
Ms. Meena Ganesh Independent Director
Mr. Gopalaraman Padmanabhan Independent Director
Prof. S Mahendra Dev Independent Director
Mr. Girish Paranjpe Independent Director
Mrs. Ketaki Bhagwati Independent Director
Mr. S S Mallikarjunarao Independent Director
Mr. P N Prasad Independent Director
Mr. Manoj Kohli Independent Director

Axis Bank Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Axis Bank Corporate Action

Date Purpose Remarks
2024-04-24 Audited Results & Final Dividend
2024-01-23 Quarterly Results
2023-10-25 Quarterly Results
2023-07-26 Quarterly Results
2023-04-27 Audited Results & Dividend
Date Purpose Remarks
2023-07-07 FINAL Rs.1.00 per share(50%)Final Dividend
2022-07-08 FINAL Rs.1.00 per share(50%)Final Dividend

About Axis Bank

The bank has overseas operations in about 8 international offices. Its branches are located in Dubai, Shanghai, Hong Kong, Colombo, Singapore, and Gift-city-IBU. The bank's representative offices are in Sharjah, Abu Dhabi, Dubai, and Dhaka. The overseas subsidiary of Axis bank is in London, UK.It’s international offices deal with investment banking and liability business, syndication, trade and finance, and corporate lending.

The bank’s vision is to become the most preferred financial service provider. The core values of Axis bank include ownership, teamwork, transparency in banking, ethics, and customer-centric approach. The bank has more than sixty thousand employees and strives to ensure the team accesses enough opportunities to attain their full potential in their careers. Axis bank values diversity and deliberately works to ensure its workforce reflects diversity and inclusion.

The bank recognises the value of corporate social responsibility and runs the axis bank foundation to service the people in need. The foundation is registered as a public trust. The bank transfers 1% of the net profit for the preceding year to the foundation to support education for children from underprivileged backgrounds.

The Axis bank started in 1993 as UTI and began its operations in 1994. Axis bank was promoted by Unit Trust of India, the country's best and largest financial institution. Other financial institutions that supported the establishment of the axis bank include United India Insurance limited, Oriental Insurance ltd, the New India Assurance Company Limited, and life assurance Corporation of India. The bank changed its name from UTI bank to Axis bank in 2007. The bank enjoys strengths in retail and corporate banking. Axis bank has been committed to adopting the best industry practices to achieve excellence.

Over time, Axis Bank has reached many milestones. It was voted the most trusted private bank in India in 2013.

In 2012, it recorded 2 lakh installed EDC machines, becoming the first bank in India to achieve that.

In 2011, It launched the India travel card, which became the country's first Indian currency prepaid travel card. Foreign nationals mainly use the card.

List of Axis Bank’s Subsidiaries

1. Freecharge payment technologies private limited 
2. Axis Bank UK Ltd.  
3. TREDS ltd
4. Axis Finance Ltd
5. Axis mutual trustee Ltd (AMFT
6. Axis Asset management company limited
7. Axis Trustee Services ltd
8. Axis Securities limited     
9. Axis Capital ltd

Bank’s Products and Services

1. Axis Bank Saving Account
2. Axis Bank Personal Loan
3. Axis Bank Loan Against Property
4. Axis Bank Home Loan
5. Axis Bank Gold Loan
6. Axis Bank Education Loan
7. Axis Bank Debit Card
8. Axis Bank Credit Card
9. Axis Bank Car Loan
10. Axis Bank Business Loan
 

Axis Bank FAQs

What is Share Price of Axis Bank ?

Axis Bank share price is ₹1,169 As on 02 May, 2024 | 09:26

What is the Market Cap of Axis Bank ?

The Market Cap of Axis Bank is ₹361146.9 Cr As on 02 May, 2024 | 09:26

What is the P/E ratio of Axis Bank ?

The P/E ratio of Axis Bank is 13.7 As on 02 May, 2024 | 09:26

What is the PB ratio of Axis Bank ?

The PB ratio of Axis Bank is 2.3 As on 02 May, 2024 | 09:26

Is Axis Bank a good buy?

Axis Bank has a BUY rating, according to the analyst. On a trailing 12-month basis, Axis Bank had operating revenue of INR 82,191.40 crore. Annual revenue growth of 1% is not impressive, but the pre-tax margin of 12% is healthy, and the return on equity (ROE) of 6% is enough but might be better. The fact that institutional holdings have increased in the most recent quarter is a good indicator.

Is Axis Bank safe for investment?

Axis Bank is India's third-largest private bank, making it a very safe place to put your money.

When was the Axis Bank founded?

Axis Bank was established in Ahmedabad on December 3, 1993.

Is Axis Bank private or public?

Axis Bank is India's third-largest private sector bank.

Who is the CEO of Axis Bank currently?

Amitabh Chaudhry has been the CEO of Axis Bank since 1 Jan 2019.

What is the axis bank's share per price target for the long term?

As per many analysts, Rs.1020 is the price target per share.

What is the rate of dividends declared by Axis bank in the past 5 years?

1. The year 2020-2021- Nil
2. The year 2019-2020- Nil
3. The year 2018-2019- 50% (Rs.1 per share)
4. The year 2017-2018- Nil     
5. Year 2016-2017- 250% (Rs.5 per share)

Who is the CEO of the axis bank

Amitabh Chaudhary is the axis bank’s CEO

What is the interest rate for personal loans from Axis bank?

AXIS BANK's loan interest rate is 10.25% per annum onwards

Does the Axis bank offer pre-approved loans?

Prequalified instant personal loans can be accessed by the bank’s select customers who use end-to-end digital processing.

Does the Axis bank allow borrowers to choose between floating and fixed rates for a personal loan?

Axis bank offers personal loans only at fixed interest rates.

What is good about the Axis bank?

It's the 3rd largest in the private banking sector in the country and offers a wide range of financial services to its customers.

Q2FY23