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AXIS BANK

Large Cap BSE: 532215 NSE: AXISBANK
₹904.65
5.45 (0.61%)
As on 07 December, 2022 | 06:13
Announcements Dividends

Axis Bank Performance

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52 Week Range

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Axis Bank Share Price

Share Returns Investment Rating Financials
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Technicals Resistance and Support Delivery and Volume Result Highlights Synopsis Corporate Action MF Shareholding Similar Stocks News FAQs

Axis Bank Share Returns

  • Over 1 Month 4.21%
  • Over 3 Month 20.62%
  • Over 6 Month 34.58%
  • Over 1 Year 36.43%

Axis Bank Key Statistics

P/E Ratio 15.1
PEG Ratio 0.2
Market Cap Cr 278,105
Price to Book Ratio 2.4
EPS 42.4
Dividend 0.1
Relative Strength Index 67.97
Money Flow Index 91.23
MACD Signal 15.14
Average True Range 14.37

Axis Bank Investment Rating

  • Master Rating:

  • Axis Bank has an operating revenue of Rs. 93,037.14 Cr. on a trailing 12-month basis. An annual revenue growth of 7% is good, Pre-tax margin of 22% is great, ROE of 11% is good. The stock from a technical standpoint is comfortably placed above its key moving averages, around 7% and 20% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 2% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 97 which is a GREAT score indicating consistency in earnings, a RS Rating of 74 which is FAIR indicating the recent price performance, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 40 indicates it belongs to a strong industry group of Banks-Money Center and a Master Score of A is the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Axis Bank Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 20,23918,73017,77617,26116,33616,00315,545
Operating Expenses Qtr Cr 6,5856,4966,5766,3315,7714,9325,359
Operating Profit Qtr Cr 3,7752,8892,2432,3212,1302,8282,196
Depreciation Qtr Cr 0000000
Interest Qtr Cr 9,8799,3458,9578,6098,4368,2437,990
Tax Qtr Cr 1,8371,4021,3611,2121,060724893
Net Profit Qtr Cr 5,3304,1264,1183,6143,1332,1602,677

Axis Bank Technicals

EMA & SMA

Current Price
904.65
5.45 (0.61%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 882.06
  • 50 Day
  • 848.34
  • 100 Day
  • 808.09
  • 200 Day
  • 772.03
  • 20 Day
  • 876.5
  • 50 Day
  • 839.22
  • 100 Day
  • 792.16
  • 200 Day
  • 749.76

Axis Bank Resistance and Support

PIVOT
₹901.37
Resistance
First Resistance 905.14
Second Resistance 911.07
Third Resistance 914.84
RSI 67.97
MFI 91.23
MACD Single Line 15.14
MACD 16.08
Support
First Resistance 895.44
Second Resistance 891.67
Third Resistance 885.74

Axis Bank Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 5,477,428 354,882,560 64.79
Week 7,323,174 488,968,328 66.77
1 Month 8,376,365 512,466,022 61.18
6 Month 10,492,416 604,153,322 57.58

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. 67376.83 Cr. and Equity Capital is Rs. 613.95 Cr. for the Year ended 31/03/2022. 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 278,105
Sales 89,010
Shares in Float 279.75
No of funds 1392
Yield 0.11
Book Value 2.41
U/D Vol ratio 1.6
LTDebt / Equity 161
Alpha 0.09
Beta 1.02

Axis Bank

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 9.69%9.7%9.7%
Mutual Funds 23.69%23.22%22.71%
Insurance Companies 5.7%2.05%1.92%
Foreign Portfolio Investors 46.12%46.58%46.93%
Financial Institutions/ Banks 0.03%0.99%0.99%
Individual Investors 5.86%6.08%5.71%
Others 8.91%11.38%12.04%

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. Girish Paranjpe Independent Director
Mrs. Ketaki Bhagwati Independent Director
Mr. S Vishvanathan Independent Director
Ms. Meena Ganesh Independent Director
Mr. Gopalaraman Padmanabhan Independent Director
Prof. S Mahendra Dev Independent Director
Mr. Ashish Kotecha Non Exe. & Nominee Director
Mr. T C Suseel Kumar Non Exe. & Nominee Director
Ms. Vasantha Govindan Non Exe. & Nominee 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
2022-10-20 Quarterly Results
2022-07-25 Quarterly Results
2022-04-28 Audited Results & Final Dividend
2022-01-24 Quarterly Results
2021-10-26 Quarterly Results
Date Purpose Remarks
2022-07-08 FINAL Rs.1.00 per share(50%)Final Dividend

Axis Bank MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 151468
SBI S&P BSE Sensex ETF 83302
HDFC Balanced Advantage Fund Growth 49709
ICICI Prudential Balanced Advantage Fund Growth 44002
UTI Nifty 50 Exchange Traded Fund 39494

About Company

Axis bank is one of the leading banks in India. It offers a range of financial services to different customer segments covering large and mid-corporates, agriculture and retail business, and MSMEs. The Bank has a large footprint of 4,758 domestic branches (including extension counters) with 10,990 ATMs & 5,972 cash recyclers spread across the country as of 31st March 2022. The Bank has 6 Axis Virtual Centers with over 1,500 Virtual Relationship Managers as of 31st March 2022.

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's balance sheet as of 31st March 2022 stood at Rs.11,75,178 crores. In addition, the bank has attained consistent growth of 14% CAGR over the past five years in total assets and advances. The deposits have also grown by 15% within the same period.

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.

 

Axis Bank History

 

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 ₹904 As on 07 December, 2022 | 05:59

What is the Market Cap of Axis Bank ?

The Market Cap of Axis Bank is ₹278104.5 Cr As on 07 December, 2022 | 05:59

What is the P/E ratio of Axis Bank ?

The P/E ratio of Axis Bank is 15.1 As on 07 December, 2022 | 05:59

What is the PB ratio of Axis Bank ?

The PB ratio of Axis Bank is 2.4 As on 07 December, 2022 | 05:59

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
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