Axis Share Prices and Financial Insights

Author

Reads 1.2K

Hand Holding Smartphone with Stock Market Analysis Chart Dashboard Portfolio on Screen
Credit: pexels.com, Hand Holding Smartphone with Stock Market Analysis Chart Dashboard Portfolio on Screen

Axis share prices have been on a rollercoaster ride in recent years, with fluctuations in the market affecting investor confidence.

The company's share price has seen a significant drop in 2020, with a low of ₹1,850.50 in March, but has since recovered to around ₹2,500.

Investors have been keeping a close eye on the company's financial performance, which has been impacted by the pandemic.

Axis Bank's net interest income has seen a decline of 5% in the first quarter of 2022, but the bank has been working to reduce its non-performing assets.

The bank's total non-performing assets have decreased from ₹44,444 crore in 2020 to ₹36,444 crore in 2022, a decrease of 18%.

Financial Information

Axis Bank's financial performance has been impressive, with a revenue growth of 23.34% in 2023 compared to the previous year. This significant increase is a testament to the bank's strong financial health.

The bank's loan book growth has also been noteworthy, with a year-over-year (YoY) increase of 15.08% in its advances, which is higher than its 5-year compound annual growth rate (CAGR) of 11.38%. This indicates a steady and consistent growth in the bank's loan portfolio.

Here are some key financial metrics that highlight Axis Bank's performance:

The bank's earnings have also seen a significant increase, with a YoY growth of 143.90%, indicating a strong profitability.

Financial Insights

Credit: youtube.com, What is Financial Insight?

Axis Bank's financial performance is a key area to focus on when evaluating the company. In 2023, the bank's revenue was 633.99 billion, a 23.34% increase from the previous year's 514.02 billion.

The bank's earnings also saw a significant jump, rising by 143.90% to 263.86 billion. This impressive growth is a testament to the bank's strong financial health.

Here are some key financial metrics for Axis Bank:

  • Income (P&L): Revenue, Earnings, and Cash Flow
  • Price, Revenue, and Earnings
  • Axis Bank Stock Performance and Ratio Performance

Axis Bank's stock has seen a 3-year return of 60.14%, outperforming the Nifty 100 and Nifty Bank indices. This is a significant achievement, indicating the bank's strong stock performance.

The bank's loan book growth has also been impressive, with a YoY increase of 15.08% in its advances. This is higher than its 5-year CAGR of 11.38%, demonstrating the bank's ability to grow its loan book.

Axis Bank's share price has moved down by -0.34% from its previous close of Rs 1,086.60, with the current share price standing at Rs 1,082.95.

Gift City Asset Value Doubles to $4bn in 5 Yrs

Person counting cash next to laptop and stock market charts on a white table.
Credit: pexels.com, Person counting cash next to laptop and stock market charts on a white table.

Axis Bank's IFSC Banking Unit at GIFT City has made a remarkable achievement by doubling its asset book to $4 billion in just five years. This growth is a testament to the unit's focus on corporate banking and trade finance.

The key driver behind this success is the unit's concentration on these two areas, which have proven to be highly profitable. Axis Bank's IFSC Banking Unit at GIFT City has been able to tap into the growing demand for corporate banking and trade finance services.

In just five years, the unit has more than doubled its asset book, reaching a significant milestone of $4 billion. This rapid growth is a reflection of the unit's strong performance and its ability to adapt to changing market conditions.

The success of Axis Bank's IFSC Banking Unit at GIFT City serves as an example of the potential for growth and innovation in the financial sector. By focusing on high-growth areas, financial institutions can achieve remarkable results.

Capital Allowed in Debt Segment

Credit: youtube.com, Corporate Finance: Debt Capital

Axis Capital was allowed to operate partially in the debt segment after receiving a SEBI order. Axis Bank Limited issued a clarification regarding the order dated November 26, 2024.

The order concerned Axis Capital's wholly-owned subsidiary, Axis Capital. The clarification was likely necessary to address any confusion or concerns about the subsidiary's operations.

Axis Capital was able to continue operating in some capacity, despite the SEBI order. This suggests that the order was not entirely restrictive, but rather a way to ensure compliance with regulations.

The exact details of the SEBI order are not specified in the clarification, but it's clear that Axis Capital was impacted by the decision.

Rs 490 Crore Deal

A significant block deal involving 43.24 lakh shares of Axis Bank took place, amounting to approximately ₹490 crore.

The transaction represented 0.15% of the bank's equity, a substantial portion of its overall value.

Axis Bank witnessed this large-scale deal during today's trading session, making it a notable event in the financial world.

This deal demonstrates the liquidity and market activity in the Indian stock market, where such large transactions are not uncommon.

Market Data

Credit: youtube.com, 9 Stocks, Upto 30% Returns: Axis Securities’ Investment Ideas For 2025 | NDTV Profit

The market data for Axis Bank Ltd is quite interesting. 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.

You can also check the 52 Week High and Low of Axis Bank Ltd, which is ₹ 1339.65 and ₹ 995.70 for NSE, and ₹ 1339.55 and ₹ 995.95 for BSE.

Here's a quick snapshot of the market data:

The price-to-earnings (PE) ratio for Axis Bank Ltd share is 12.85, and the price-to-book (PB) ratio is 532.09.

Market Cap Declines Rs 6,206 Crore

Axis Bank's market cap took a hit, declining by a significant Rs 6,206 crore. This drop in market capitalization occurred after the bank's stock fell by 1.73% in a single day.

Shares of Axis Bank Limited closed at ₹1,138.10, down from the previous close of ₹1,158.15. This decline in stock price had a ripple effect on the bank's market value.

The 1.73% drop in Axis Bank's stock price was not an isolated incident, as the bank's shares have been experiencing varying performances throughout the week.

1 Year Return for Ltd

Credit: youtube.com, Top Performing Stocks: Data from 2023-2024 1-Year Returns, 52-Week Highs & Lows |

The 1 year return for Axis Bank Ltd is a significant factor to consider when evaluating its performance. According to the data, the 1 year return has been -0.60%. This indicates a decline in the stock's value over the past year.

The 1 year return is just one aspect of a company's overall performance, but it can give us a sense of how the market is perceiving the company's growth and prospects. In this case, the negative return suggests that investors have been cautious about the company's prospects.

To put this into perspective, let's take a look at the 1 year return for Axis Bank Ltd compared to other time periods.

As we can see, the 1 year return is significantly lower than the 3 year and 5 year returns. This highlights the importance of considering multiple time periods when evaluating a company's performance.

It's worth noting that the 1 year return can be influenced by a variety of factors, including market conditions and the company's financial performance. In the case of Axis Bank Ltd, the company has been working to expand its digital banking capabilities and improve its operational efficiency.

52 Week High/Low of Ltd

Credit: youtube.com, How to use 52 Week Data for successful trading strategies | 52 Week High/Low | 52 Week Range

The 52 Week High/Low of a company can be a valuable indicator of its performance and market trends.

For Axis Bank Ltd, the 52 Week High and Low for NSE is ₹ 1339.65 and ₹ 995.70, and for BSE is ₹ 1339.55 and ₹ 995.95.

If you're looking to place a buy order, you'll want to consider the current market price in relation to the 52 Week High and Low.

A buy order can be placed specifying the desired quantity of shares, but it's essential to do your research and consider the company's overall performance before making a decision.

Frequently Asked Questions

Is Axis Bank good to buy now?

Axis Bank is considered a top pick for long-term investment, but it's essential to evaluate current market conditions and your individual financial goals before making a decision. Consider consulting with a financial advisor for personalized advice.

Is Axis Bank share overvalued?

Axis Bank share is undervalued, not overvalued, according to current market analysis. Learn more about the bank's valuation and potential growth opportunities.

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.

Tommie Larkin

Senior Assigning Editor

Tommie Larkin is a seasoned Assigning Editor with a passion for curating high-quality content. With a keen eye for detail and a knack for spotting emerging trends, Tommie has built a reputation for commissioning insightful articles that captivate readers. Tommie's expertise spans a range of topics, from the cutting-edge world of cryptocurrency to the latest innovations in technology.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.