Axis Bank Limited (BOM: 532215)
India
· Delayed Price · Currency is INR | Market Cap | 3.53T |
| Revenue (ttm) | 667.64B |
| Net Income (ttm) | 279.28B |
| Shares Out | 3.09B |
| EPS (ttm) | 89.79 |
| PE Ratio | 12.70 |
| Forward PE | 11.77 |
| Dividend | 1.00 (0.09%) |
| Ex-Dividend Date | Jul 12, 2024 |
| Volume | 241,666 |
| Open | 1,136.05 |
| Previous Close | 1,141.15 |
| Day's Range | 1,132.00 - 1,150.55 |
| 52-Week Range | 981.40 - 1,339.55 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jan 22, 2025 |
About Axis Bank
Axis Bank Limited, together with its subsidiaries, engages in the provision of various banking and financial products and services. It operates through four segments: Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business. The Treasury segment is involved in investments in sovereign and corporate debt, and equity and mutual funds, as well as in trading operations, derivative trading, and foreign exchange operations. The Retail Banking segment engages in the provision of lending services to individuals/small businesses... [Read more]
Financial Performance
In 2023, Axis Bank's revenue was 633.99 billion, an increase of 23.34% compared to the previous year's 514.02 billion. Earnings were 263.86 billion, an increase of 143.90%.
Financial StatementsNews
Axis Bank’s market cap declines Rs 6,206 crore as stock falls 1.73%
Shares of Axis Bank Limited saw a decline, closing at ₹1,138.10, representing a 1.73% drop from the previous close of ₹1,158.15. This decrease led to a reduction of approximately ₹6,206 crore in the c...
Axis Bank vs ICICI Bank: Stock performance comparison this week (Nov 4 to Nov 8)
This week, investors saw varying performances from Axis Bank and ICICI Bank shares. Here’s a look at the week’s trends for both banks, providing insights into their respective stock price movements, m...
HDFC Bank vs Axis Bank: Stock performance comparison this week (Nov 4 to Nov 8)
HDFC Bank and Axis Bank, two prominent private sector banks, showed varied performance over the week. Below is a comparison of key metrics, illustrating their market positioning. Metrics HDFC Bank Axi...
SBI vs Axis Bank: Stock performance comparison this week (Nov 4 to Nov 8)
This week, both SBI and Axis Bank displayed varied stock performances. Here’s an analysis of their weekly movements, offering insights for investors. Metrics SBI Axis Bank Weekly Change +3.32% +0.63% ...
Axis Bank shares drop nearly 2% amid broader market sentiment
Axis Bank shares witnessed a decline of nearly 2% today. This drop in share price reflects a broader market sentiment that has turned cautious due to various economic challenges and uncertainties infl...
Axis Bank Says AI Won’t Mean Job Losses as It Adds Frontliners
Axis Bank Ltd. says artificial intelligence will change the nature of work but won’t lead to net job losses at the Indian lender, which has boosted digital staffing more than 10-fold in recent years.
Nifty 50 top losers today on 28 October: Coal India, Bajaj Auto, Axis Bank and more
After a five-day losing streak, the bulls regained control of the market on Monday, October 28, due to a big recovery in banking and metal stocks, as well as good global signs. Therefore, the Nifty 50...
Stocks to Buy This Diwali: Kotak Securities sees Axis Bank rising to ₹1,500, with a 25.3% upside
Kotak Securities has highlighted Axis Bank as one of its top Diwali picks for Samvat 2081, recommending a “Buy” with a target price of ₹1,500. Currently trading at ₹1,197, Axis Bank is expected to off...
Nifty 50 top gainers today on 25 October: ITC, Axis Bank, Britannia Industries and more
The Indian stock market had a massive selloff on Friday, October 25. The benchmarks, the Sensex and the Nifty 50, fell about 1%, while mid- and small-cap categories fell 2%. The Sensex dropped 663 poi...
Private bank stocks today: HDFC Bank surges 3.66%, Kotak Bank drops 5.77%, and RBL Bank plunges 12.32%
As of 10:22 AM today, the Nifty Private Bank Index showcases mixed performance, with HDFC Bank leading the gainers and RBL Bank suffering the most significant losses. Top Gainers: HDFC Bank: ₹1,743.35...
Nippon India Focused Equity Fund sees 51.20% return over 3 years, top holdings in HDFC Bank & Axis Bank
Nippon India Focused Equity Fund Direct-Growth is an equity mutual fund offered by Nippon India Mutual Fund. The fund has an AUM of ₹8,978.99 crores and the current NAV is ₹132.730 as of October 19, 2...
Stock Market news: Axis Bank, Wipro among Nifty 50 top gainers this week
Friday’s trading session provided some relief to investors, with the Sensex up 218 points to close at 81,225 and the Nifty up 104 points to 24,854. The Nifty Bank index surged 805 points to 52,094, wh...
Axis Bank Ltd (FRA:UZC) (H1 2025) Earnings Call Highlights: Strong Profit Growth Amid Strategic ...
Axis Bank Ltd (FRA:UZC) (H1 2025) Earnings Call Highlights: Strong Profit Growth Amid Strategic Expansion
Axis Bank Share Price: Stock rises 2.64% post Q2 earnings beat; brokerages remain optimistic
Axis Bank (NSE: AXISBANK) saw its stock price increase by 2.64% to ₹1,161.70 as of 9:16 AM, following its strong Q2 FY25 results. The stock opened at ₹1,158.00, hitting a high of ₹1,172.00 and a low o...
Axis Bank stock: Should you buy, sell, or hold? Here’s what top brokerages recommend post Q2 results
Several top brokerages have weighed in on Axis Bank following its latest quarterly results. While some point to growth concerns, others remain optimistic due to strong fundamentals and potential upsid...
Axis Bank share price: Macquarie maintains outperform, sets target price at Rs 1,400 after PAT beat driven by tax write-backs
Macquarie has maintained its ‘Outperform’ rating on Axis Bank, with a target price of Rs 1,400. The brokerage noted that Axis Bank delivered a decent quarter, although growth concerns remain. The bank...
Axis Bank: Nomura maintains buy, sets target price at Rs 1,380 after steady Q2 performance
Nomura has reaffirmed its ‘Buy’ rating on Axis Bank with a target price of Rs 1,380, following a steady Q2 performance. Loan and deposit growth were soft but in line with expectations. Treasury gains ...
Axis Bank: Morgan Stanley maintains overweight, sets target price at Rs 1,445 after asset quality improvement
Morgan Stanley remains bullish on Axis Bank, maintaining its ‘Overweight’ rating with a target price of Rs 1,445. The brokerage highlighted improvements in asset quality in Q2, with credit costs comin...
Axis Bank share price: Citi maintains neutral, lowers target price to Rs 1,290 amid slower loan growth
Citi has maintained its ‘Neutral’ rating on Axis Bank with a revised target price of Rs 1,290, following a Q2 performance that included profit driven by tax write-backs and treasury gains. The bank’s ...
Axis Bank: Bernstein maintains outperform, target price set at Rs 1,250 after weak Q2 performance
Bernstein has reiterated its ‘Outperform’ rating on Axis Bank, with a target price of Rs 1,250. Despite some sequential improvement in credit costs, the brokerage expressed concerns over the bank’s we...
Axis Bank: IIFL maintains buy, cuts target price to Rs 1,360 after slower NII growth
IIFL has maintained its ‘Buy’ rating on Axis Bank but reduced its target price to Rs 1,360 from Rs 1,380, citing slower Net Interest Income (NII) growth. The brokerage has also cut its estimates by 1-...
Axis Bank Q2 Results: Gross NPA declines to 1.4%, Net NPA stable at 0.34%
In its Q2 FY25 financial report, Axis Bank has reported a decline in gross non-performing assets (NPA), which now stand at 1.44%, down from 1.54% in the previous quarter. The net NPA remained stable a...
Axis Bank Q2 Results: Net profit rises 18.9% YoY to Rs 7,408 crore, income up 16.3% to Rs 39,203 crore
Axis Bank reported its financial performance for the quarter ending September 30, 2024 (Q2 FY24), showing strong year-on-year (YoY) growth in both net profit and income. The bank’s net profit for the ...
Q2 Results Today: Infosys, Wipro, Axis Bank, Nestle India and more
Many companies, including Reliance Industries and Bajaj Auto, have already announced their Q2 results, providing insights into their financial performance. Today, the following companies are set to an...
Bengaluru: 4 bank staff, 4 mule account holders held for trading fraud
Four Axis Bank employees and four mule account holders have been arrested for their role in a trading scam, defrauding a Yelahanka businessman of Rs 1.5 crore. The police froze Rs 29 lakh of fraudulen...