AXISBANK

AXIS BANK

Large Cap BSE: 532215 NSE: AXISBANK
₹760.55
1.7 (0.22%)
As on 14 August, 2022 | 17:19

Axis Bank Share Price

Axis Bank Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

Axis Bank Share Returns

  • Over 1 Month 12.47%
  • Over 3 Month 17.07%
  • Over 6 Month -5.38%
  • Over 1 Year 0.42%

Axis Bank Key Statistics

P/E Ratio 14.5
PEG Ratio 0.2
Market Cap Cr 233,609
Price to Book Ratio 2
EPS 42.4
Dividend 0.1
Relative Strength Index 70.89
Money Flow Index 80.55
MACD Signal 17.95
Average True Range 15.64

Axis Bank Investment Rating

  • Master Rating:
  • Axis Bank has an operating revenue of Rs. 88,744.95 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 11% and 6% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 12% 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 56 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 69 indicates it belongs to a poor industry group of Banks-Money Center and a Master Score of B is close to being 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
  • Indicator
  • Jun 2022
  • Mar 2022
  • Dec 2021
  • Sep 2021
  • Jun 2021
  • Mar 2021
  • Oper Rev Qtr Cr
  • 18,730
  • 17,776
  • 17,261
  • 16,336
  • 16,003
  • 15,545
  • Operating Expenses Qtr Cr
  • 6,496
  • 6,576
  • 6,331
  • 5,771
  • 4,932
  • 5,359
  • Operating Profit Qtr Cr
  • 2,889
  • 2,243
  • 2,321
  • 2,130
  • 2,828
  • 2,196
  • Depreciation Qtr Cr
  • 0
  • 0
  • 0
  • 0
  • 0
  • 0
  • Interest Qtr Cr
  • 9,345
  • 8,957
  • 8,609
  • 8,436
  • 8,243
  • 7,990
  • Tax Qtr Cr
  • 1,402
  • 1,361
  • 1,212
  • 1,060
  • 724
  • 893
  • Net Profit Qtr Cr
  • 4,126
  • 4,118
  • 3,614
  • 3,133
  • 2,160
  • 2,677

Axis Bank Technicals

EMA & SMA

Current Price
760.55
1.7 (0.22%)
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 722.69
  • 50 Day
  • 701.22
  • 100 Day
  • 700.9
  • 200 Day
  • 715.8
  • 20 Day
  • 722.42
  • 50 Day
  • 679.96
  • 100 Day
  • 702.69
  • 200 Day
  • 714.93

Axis Bank Resistance and Support

PIVOT
₹754.19
Resistance
  • First Resistance
  • 765.32
  • Second Resistance
  • 771.79
  • Third Resistance
  • 782.92
Support
  • First Resistance
  • 747.72
  • Second Resistance
  • 736.59
  • Third Resistance
  • 730.12
  • RSI
  • 70.89
  • MFI
  • 80.55
  • MACD Single Line
  • 17.95
  • MACD
  • 20.12

Axis Bank Delivery and Volume

  • Period
  • NSE + BSE
    Volume Avg
  • NSE + BSE
    Delivery Volume Avg
  • NSE + BSE
    Delivery Volume %
  • Day
  • 4,811,614
  • 260,981,943
  • 54.24
  • Week
  • 8,798,110
  • 503,955,712
  • 57.28
  • 1 Month
  • 8,837,447
  • 493,041,181
  • 55.79
  • 6 Month
  • 9,900,487
  • 495,420,369
  • 50.04

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
  • 233,609
  • Sales
  • 84,964
  • Shares in Float
  • 279.51
  • No of funds
  • 1325
  • Yield
  • 0.13
  • Book Value
  • 2.03
  • U/D Vol ratio
  • 1.6
  • LTDebt / Equity
  • 161
  • Alpha
  • -0.02
  • Beta
  • 1.02

Axis Bank

  • Owner Name
  • Jun-22
  • Mar-22
  • Dec-21
  • Sep-21
  • Promoters
  • 9.7%
  • 9.7%
  • 9.71%
  • Mutual Funds
  • 23.22%
  • 22.71%
  • 22.59%
  • Insurance Companies
  • 2.05%
  • 1.92%
  • 1.82%
  • Foreign Portfolio Investors
  • 46.58%
  • 46.93%
  • 47.44%
  • Financial Institutions/ Banks
  • 0.99%
  • 0.99%
  • 1.03%
  • Individual Investors
  • 6.08%
  • 5.71%
  • 5.82%
  • Others
  • 11.38%
  • 12.04%
  • 11.59%

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
  • 2022-07-25
  • Quarterly Results
  • 2022-04-28
  • Audited Results & Final Dividend
  • 2022-01-24
  • Quarterly Results
  • 2021-10-26
  • Quarterly Results
  • 2021-07-26
  • 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
  • 135323
  • SBI S&P BSE Sensex ETF
  • 72360
  • HDFC Balanced Advantage Fund Growth
  • 46130
  • ICICI Prudential Balanced Advantage Fund Growth
  • 41742
  • Kotak Flexicap Fund Growth
  • 36316

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 ₹760 As on 14 August, 2022 | 17:05

What is the Market Cap of Axis Bank ?

The Market Cap of Axis Bank is ₹233608.6 Cr As on 14 August, 2022 | 17:05

What is the P/E ratio of Axis Bank ?

The P/E ratio of Axis Bank is 14.5 As on 14 August, 2022 | 17:05

What is the PB ratio of Axis Bank ?

The PB ratio of Axis Bank is 2 As on 14 August, 2022 | 17:05

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.

Q1FY23