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Axis Bank is one of India's largest private sector banks, with a market capitalization of over ₹3.5 trillion.
The bank's stock quote can be volatile, with a 52-week high of ₹944.55 and a 52-week low of ₹445.50.
Axis Bank's financials are strong, with a net interest income of ₹22,511 crore in FY2022.
The bank's non-performing assets (NPAs) have been declining steadily, from 4.58% in FY2018 to 1.44% in FY2022.
Axis Bank's return on equity (ROE) has consistently been above 15%, a testament to its strong profitability.
Stock Price and Performance
The current share price of Axis Bank Ltd is ₹1082.8 for the NSE and ₹1083.55 for the BSE as of January 3rd, 2025, at 3:21 PM. This is a slight decrease from its previous closing price.
Axis Bank's share price has fluctuated between ₹1082.25 and ₹1093.50 in the latest trading session. The stock has seen a return of -0.60% over the past year, with a more significant decline of -4.44% in the last month alone.
Here's a quick snapshot of Axis Bank's returns over different time periods:
Current Price
The current price of Axis Bank's stock is a crucial factor to consider when evaluating its performance. As of the latest trading session, the share price is ₹ 1082.8 for NSE and ₹ 1083.55 for BSE.
Axis Bank's share price has fluctuated between ₹ 1082.25 and ₹ 1093.50 in the current trading session. This volatility can be a concern for investors, but it's essential to consider the overall trend.
In the past year, Axis Bank has achieved a return of -0.60%, while in the last month alone, the return has been -4.44%. These numbers provide valuable context for understanding the bank's performance.
Here's a summary of Axis Bank's current stock price:
Axis Bank's current share price is a reflection of its financial health and market position.
1 Year Return
The 1 year return for Axis Bank Ltd is a key metric to consider when evaluating its stock price and performance.
Axis Bank's 1 year return has been -0.60%, indicating a decline in the stock's value over the past 12 months.
To put this in perspective, let's look at the stock's performance over different time periods.
Here's a breakdown of the stock's returns over various durations:
Keep in mind that past performance is not necessarily indicative of future results, but it can provide valuable insights into the stock's trends and potential risks.
Financials
Axis Bank's financials are a key aspect of its stock quote. The bank's revenue in 2023 was a staggering 633.99 billion, marking a 23.34% increase from the previous year.
In terms of net income, Axis Bank reported 263.86 billion in 2023, a 143.90% increase from the previous year. This significant growth is a testament to the bank's financial strength.
Here's a breakdown of Axis Bank's financials for 2025 and 2026:
Axis Bank's market capitalization is 334213.90 crore, and its PE ratio is 12.85. The bank's return on equity (ROE) is 17.98%, indicating a strong ability to generate profits from shareholder equity.
Financial Performance
Axis Bank's revenue saw a significant increase in 2023, reaching 633.99 billion, a 23.34% rise from the previous year's 514.02 billion. This growth is a testament to the bank's strong financial performance.
The bank's earnings also showed substantial improvement, with a 143.90% increase to 263.86 billion. This increase in earnings is a result of the bank's ability to manage its finances effectively.
Here's a breakdown of Axis Bank's financial performance in 2023:
The bank's net income has been steadily increasing, with a significant jump in 2025, reaching 466 billion. This is a promising sign for the bank's future financial performance.
Axis Bank's financial performance is also reflected in its stock market performance, with the bank's stock price reacting positively to the results. This is driven by a rise in net interest income and an improvement in asset quality.
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Corporate Action
Corporate action is a significant aspect of financial management, and it's essential to understand the different types of corporate actions that can impact your investments.
Consider reading: Corporate Stocks Definition
Announcement is a type of corporate action that informs shareholders about upcoming events, such as mergers or acquisitions.
Book closure is a period when a company's shares are not traded, usually before a corporate action like a bonus or dividend is declared.
A bonus is a type of corporate action where a company distributes a portion of its profits to its shareholders.
Rights are another type of corporate action, which allows shareholders to buy additional shares at a discounted price.
Delisted shares are a type of corporate action that occurs when a company's shares are removed from the stock exchange.
Board meetings are a regular occurrence in corporate actions, where the company's board of directors discusses and makes important decisions.
AGM, or Annual General Meeting, is a corporate action that takes place once a year, where shareholders gather to discuss the company's performance and elect new directors.
Dividend is a type of corporate action where a company distributes a portion of its profits to its shareholders, usually in the form of cash or stock.
Here are some common corporate actions and their meanings:
UBS Cuts Target Price to Rs 1,210
UBS cut its target price for Axis Bank to Rs 1,210, which led to a decline in the bank's stock price. Axis Bank's stock fell over 1% due to concerns about rising non-performing loan (NPL) risks.
The bank's stock has been fluctuating between 1082.25 and 1093.50, with a return of -0.60% over the past year. In the last month alone, the return has been -4.44%.
Axis Bank's market cap declined by Rs 6,206 crore as the stock price dropped 1.73% from the previous close. The bank's stock closed at Rs 1,138.10.
Investors remain optimistic, but concerns about NPL risks have led to a decline in the bank's stock price.
Capital Allowed in Debt Segment
Axis Capital was allowed to operate partially in the debt segment after receiving a SEBI order.
The SEBI Confirmatory Order dated November 26, 2024, was issued in relation to Axis Capital's wholly-owned subsidiary, Axis Capital Limited.
This clarification was issued by Axis Bank Limited to address any concerns regarding the order.
Axis Capital can now conduct partial operations in the debt segment, following the SEBI order.
Recommended read: Capital Stock vs Treasury Stock
Market and Valuation
The market cap of Axis Bank Ltd is a staggering ₹33,42,13.90 Cr. for the NSE and ₹33,44,45.40 Cr. for the BSE as of now. This is a significant figure, but what does it really mean?
The price-to-earnings (PE) ratio for Axis Bank Ltd share is 12.85 as of January 3rd, 2025, 03:21 PM. This ratio is a good indicator of how the market values the company's earnings.
Axis Bank Ltd is trading at its lowest valuation over the past 5 years, making it a potentially undervalued stock. The intrinsic value of one AXISBANK stock under the Base Case scenario is ₹1,256.7 INR, which is 22% lower than the current market price.
Here's a snapshot of Axis Bank Ltd's valuation:
Analysts' recommendations for Axis Bank Ltd are also worth noting. Nomura and Jefferies have adjusted their price targets for the company, with Nomura setting a target of INR1,230 and Jefferies setting a target of INR1,400.
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52 Week Range
The 52 Week Range is a critical aspect of market analysis. It's the difference between the highest and lowest prices an asset has traded at over the past 52 weeks.
Axis Bank Ltd's 52 Week High is ₹ 1339.65 for NSE and ₹ 1339.55 for BSE. This is the highest price the stock has reached in the past year.
The 52 Week Low for Axis Bank Ltd is ₹ 995.70 for NSE and ₹ 995.95 for BSE. This is the lowest price the stock has traded at in the past 52 weeks.
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Market Cap
The market cap of Axis Bank Ltd for NSE is ₹ 33,42,13.90 Cr. and for BSE is ₹ 33,44,45.40 Cr. as of now.
As of Jan 03 2025 03:21 PM, the market cap of Axis Bank Ltd for NSE is ₹ 33,42,13.90 and for BSE is ₹ 33,44,45.40.
Axis Bank’s market cap declined by approximately ₹6,206 crore as the stock fell 1.73%.
Additional reading: Karur Vysya Bank Ltd Share Price
Intrinsic Value
Intrinsic value is the true worth of a stock, and it's a crucial concept to understand in the world of finance. The intrinsic value of Axis Bank stock under the Base Case scenario is 1,256.7 INR.
This value is significantly lower than the current market price of 983.8 INR, indicating that Axis Bank is undervalued by 22%. This means that the market price is not reflecting the true worth of the company.
The intrinsic value is calculated by averaging the Discounted Cash Flow (DCF) and Relative values, providing a comprehensive picture of the company's worth.
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Valuation History
Valuation History is a crucial aspect of understanding a stock's potential. Axis Bank Ltd's stock is currently trading at its lowest valuation over the past 5 years.
This is a significant indicator that the stock may be undervalued, making it an attractive investment opportunity. The stock's current price is a reflection of its historical performance and market sentiment.
The table below shows the stock's valuation history, including its price target, revenue forecast, operating income forecast, and earnings forecast. However, these values are currently loading.
It's essential to note that the stock's valuation history is not the only factor to consider when making an investment decision. Other key ratios, such as the price-to-book ratio, also play a crucial role in determining the stock's value.
The price-to-book ratio for Axis Bank Ltd share is currently 532.09, as of January 3rd, 2025, at 3:21 PM. This ratio is a critical indicator of the stock's value and can help investors make informed decisions.
Analysts' Recommendations
Axis Bank has seen its price target adjusted by various analysts. Nomura has adjusted Axis Bank's price target to INR1,230 from INR1,300, keeping their recommendation at Buy.
Nomura has also adjusted Axis Bank's price target to INR1,380 from INR1,370, keeping their recommendation at Buy. This change occurred on October 24, 2021. Jefferies has adjusted Axis Bank's price target to INR1,400 from INR1,430, keeping their recommendation at Buy.
However, Jefferies also adjusted Axis Bank's price target to INR1,159.15 from INR1,500, still keeping their recommendation at Buy. This change occurred on September 10, 2024.
UBS Cuts Target Prices for IndusInd and AU Small Finance
UBS has cut its target prices for IndusInd Bank, Axis Bank, and AU Small Finance Bank, citing increasing non-performing loan risks for commercial vehicle and business loans.
This is a significant concern, as early delinquency rates for commercial vehicle loans have deteriorated significantly.
UBS has specifically highlighted the risks associated with commercial vehicle loans, which are often used to finance business operations.
The bank's target price cuts are a reflection of the increased uncertainty and risk in the banking sector.
As a result, investors may want to reassess their holdings in these banks and consider the potential impact of rising non-performing loans on their portfolios.
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Frequently Asked Questions
Is Axis Bank good to buy now?
Axis Bank is considered a top pick for long-term investment by analysts, making it a potentially attractive option for investors. However, it's essential to conduct thorough research and consider your individual financial goals before making a decision.
Is Axis Bank share overvalued?
Axis Bank share is undervalued, not overvalued, according to current market analysis. Further details on the valuation assessment can be found in our related FAQs.
Is Axis Bank bullish or bearish?
Axis Bank is currently in a bearish trend, indicating a negative market outlook. Check our trend analysis for the latest insights on AXISBANK's performance.
What is the stock market prediction for Axis Bank in 2025?
Axis Bank's predicted stock price in 2025 is estimated to range between 1,209.00 INR and 1,590.00 INR, with a median target of 1,368.50 INR. Analysts' forecasts suggest a potential growth in the bank's stock value over the next few years.
Sources
- https://www.bajajbroking.in/stock/axis-bank-limited-share-price
- https://stockanalysis.com/quote/nse/AXISBANK/
- https://www.alphaspread.com/security/nse/axisbank/summary
- https://www.reliancesmartmoney.com/stocks/details/axis-bank-ltd/132215
- https://www.marketscreener.com/quote/stock/AXIS-BANK-LTD-9059011/
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