Axis Bank Limited (LON: AXB)
Market Cap | 31.06B |
Revenue (ttm) | 5.95B |
Net Income (ttm) | 2.49B |
Shares Out | n/a |
EPS (ttm) | 0.80 |
PE Ratio | 12.49 |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | Jul 11, 2024 |
Volume | 889 |
Open | 44.80 |
Previous Close | 44.80 |
Day's Range | 42.70 - 44.80 |
52-Week Range | 39.05 - 58.80 |
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 numbers in INR Financial StatementsNews
Citi ‘Neutral’ on Axis Bank; focuses on deposit and retail unsecured challenges
Citi has maintained a ‘Neutral’ rating on Axis Bank with a reduced target price of ₹1,290/share following management commentary on the bank’s performance. The brokerage noted that delinquencies in per...
Max Financial Services shares rise 2% as Jefferies upgrades target price, foresees 47% upside
Shares of Max Financial Services climbed nearly 2% in morning trade on December 16 after global brokerage Jefferies maintained its ‘buy’ call and raised the target price, citing positive growth prospe...
Axis Bank, HDFC Bank and ICICI Bank among top picks for 2025 in the financials space: HSBC
HSBC has highlighted 2024 as a challenging year for the financial sector, marked by tight liquidity constraints.
Here’s why Jefferies advises to Buy Max Financial Services with target price of Rs 1,660
Jefferies has maintained a Buy rating on Max Financial Services, with a target price of ₹1,660. The brokerage noted the transformative potential of the recent rebranding of Max Life Insurance to Axis ...
Private Bank Stocks: ICICI Bank (+0.45%) rises; Axis Bank (-1.55%), Bandhan Bank (-2.02%) decline
As of the latest update, private bank stocks displayed a mixed performance in the market. ICICI Bank saw a modest gain of 0.45%, trading at ₹1,335.25, up ₹6.00 from the previous session. Kotak Mahindr...
Axis Bank shares drop as UBS cuts target price to Rs 1,210
Axis Bank’s stock fell over 1% following concerns from UBS about rising non-performing loan (NPL) risks. UBS highlighted a significant rise in early delinquencies for commercial vehicle (CV) and busin...
UBS cuts target prices for IndusInd Bank, Axis Bank and AU Small Finance Bank
UBS has flagged increasing non-performing loan (NPL) risks for commercial vehicle (CV) and business loans, citing a significant deterioration in early delinquencies. Early delinquency rates for CV loa...
Reliance Infrastructure clarifies no liability in Supreme Court contempt proceedings against DMRC
The Supreme Court of India has issued a notice to the Managing Directors of Delhi Airport Metro Express Pvt. Ltd. (DAMEPL) and Axis Bank in a contempt of court plea filed by the Delhi Metro Rail Corpo...
Private bank stocks: ICICI Bank (+0.47%), Axis Bank (+0.29%) gain; Kotak (-0.69%), Bandhan (-1.15%) slide amid mixed trend
Private banking stocks displayed a mixed trend in intraday trading as of 11:15 AM, with selective gains and losses across the sector. Key Performances: ICICI Bank: Gained 0.47%, trading at ₹1,333.80 o...
Axis Bank and Reliance Infra shares decline following Supreme Court contempt notice
Shares of Axis Bank and Reliance Infrastructure took a hit today after the Supreme Court of India issued a contempt notice to Axis Bank, its Managing Director Amitabh Choudhary, and a subsidiary of Re...
Supreme Court issues contempt notice to Axis Bank, MD Amitabh Choudhary, and Reliance Infra subsidiary
The Supreme Court of India has issued a contempt notice to Axis Bank, its Managing Director Amitabh Choudhary, and a subsidiary of Reliance Infrastructure in a long-running dispute over the alleged no...
Mahindra Susten secures Rs 1,448 crore term loan to develop 560 MWp solar projects
Mahindra Group’s clean-tech arm, Mahindra Susten, announced on Wednesday that its wholly-owned subsidiary, Martial Solren, has secured a term loan of ₹1,448 crore. The financing will support solar PV ...
Hyderabad bank staff siphon Rs 6.5 crore from Australia-based OCI's account
Axis Bank officials in Hyderabad are accused of stealing Rs 6.5 crore from the account of an Indian-origin man living in Australia. The officials allegedly forged signatures and used loose-leaf cheque...
Nifty 50 top gainers on December 6: Tata Motors, Bajaj Auto and Axis Bank lead the rally
On December 6, Indian equity markets ended on a slightly negative note, with major indices closing marginally lower after a volatile trading session. The Sensex fell by 56.74 points, or 0.07%, to clos...
Private bank stocks: HDFC Bank gains 1.21%, Bandhan Bank slips 3.02%, Axis Bank down 2.13% this week
Private banking stocks displayed a mixed trend during the week of November 25–29, 2024, as gains in some counters were offset by declines in others. Here’s a breakdown of their performance: HDFC Bank ...
Axis Bank’s IBU at Gift City doubles asset book to $4bn in 5 yrs
Axis Bank's IFSC Banking Unit at GIFT City has doubled its asset book to $4 billion in just five years, driven by corporate banking and trade finance. Discover the key growth strategies and future pla...
Axis Capital allowed partial operations in debt segment post SEBI order
Axis Bank Limited has issued a clarification regarding the Securities and Exchange Board of India (SEBI) Confirmatory Order dated November 26, 2024, concerning its wholly-owned subsidiary, Axis Capita...
Axis Bank sees block deal involving 0.15% equity worth Rs 490 crore
Axis Bank witnessed a significant block deal in today’s trading session involving 43.24 lakh shares, amounting to approximately ₹490 crore. The transaction represents 0.15% of the bank’s equity. Marke...