Axis Bank Share Price Target 2022 , 2023 , 2024 , 2025 & 2030

by
Axis Bank Share Price Target 2022 , 2023 , 2024 , 2025 & 2030

Axis Bank Share Price Target 2022 , 2023 , 2024 , 2025 & 2030 Equity stocks/shares are listed on the National Stock Exchange of India Limited (“NSE”) and BSE Limited (“BSE” and NSE collectively referred to as the “Exchange”). Axis Bank Ltd. was established in 1993 as a banking company (market capitalization is 241,498.32 rupees).

The bank reported a net profit after tax of Rs 3,387.70 crore in the most recent quarter. The bank reported a net profit after tax of Rs 3,387.70 crore in the most recent quarter. Given the slower-than-expected growth / net interest margin, brokerages are cutting their fiscal year 22-24 profit forecast by 1-3%. Nonetheless, brokerage services are still looking closely at recovering banks’ operating profits.

Axis Bank Share Price Target 2022 , 2023 , 2024 , 2025 & 2030

The brokerage maintained a buy rating on the bank’s stock and raised its target price from 910 rupees to 1,020 rupees. The broker supported its call to buy Axis Bank, but raised its target price from 910 rupees to 1,020 rupees.

The broker maintains an overvalued Axis Bank rating with a target price of 1,000 rupees. Another brokerage firm, Emkay, also raised its target price for Axis Bank to 1,020 rupees (higher than the previous 960 rupees) because it maintains a buy position.

Emkay Global offers a purchase from Axis Bank with a target price of Rs 1,020. Axis Bank Stock Price Prediction for intraday and tomorrow – Using the MACD indicator Check the Axis Bank stock price prediction using the MACD indicator, know if you should buy, sell or hold this stock to trade. Check Axis Bank’s target price daily for intraday forecast and Axis Bank’s stock price tomorrow for short-term trading and long-term investment.

More detailed information about stocks is presented below: Detailed technical analysis using all indicators. The above target values ​​for the stock price are based on the movements and chart levels at which the stock has shown significant price action. These target stock prices also function as long-term support and resistance levels. If the price of Axis Bank is trading above 774.3, then the probability of achieving growth targets is higher.

AXISBANK’s daily analysis of price action based on short-term time frames is very negative. This means that there is a strong downtrend in the stock over a period of time. Axis Bank’s weekly price action analysis based on short-term time frames is sharply negative.

Read more  Star Health Share Price Target 2022 , 2023 , 2024 , 2025 & 2026

Axis Bank’s share price is on an upward trend, so we believe that similar market segments will be very popular for some time. Axis Bank short-term trading stock price prediction-using the simple moving average of the SMA indicator is a powerful indicator for short-term trading. This indicator can help traders predict stock prices and trade accordingly. The Aroon indicator is a technical indicator used to identify changes in asset price trends and the strength of the trend.

The bank has five wholly owned subsidiaries: Axis Securities and Sales Ltd, Axis Private Equity Ltd, Axis Trustee Services Ltd, Axis Asset Management Company Ltd and Axis Mutual Fund Trustee Ltd. Axis Bank was founded in 1993 under the name UTI Bank. Ltd. Axis Bank is one of the first new generation private sector banks, which began operations in 1994.

In December 2005, the bank founded Axis Securities and Sales Ltd, originally formed as UBL Sales Ltd, and started working with credit cards and retail business. products. In January 2009, the Bank established Axis Asset Management Company Ltd to carry out the management activities of the mutual investment fund.

In addition, they established Axis Mutual Fund Trustee Ltd to act as a trustee for the mutual fund business.

In October 2006, they established Axis Private Equity Ltd, mainly to carry out investment management activities and support venture capital business. In May 2008, the Bank established a wholly-owned subsidiary Axis Trustee Services Company Ltd to provide custody services.

On March 7, 2011, the Bank registered a new subsidiary, Axis UK Ltd., as a limited liability company incorporated in the United Kingdom (United Kingdom), with the main purpose of filing with the United Kingdom Financial Services Authority (FSA).

Infrastructure for banks and subsidiaries licensed in the UK to conduct banking business in the UK. As of March 31, 2019, Axis Bank Ltd has 4,050 national branches and 11,801 ATM networks; 9 overseas offices with branches in Singapore, Shanghai, Hong Kong, Dubai and Colombo; and Abu Dhabi, Dubai Representative office.

Read more  li auto stock forecast 2025 , 2023 , 2024 2022

The company was founded on December 3, 1993 and is headquartered in Mumbai, India. In addition, the company offers the services of a safe, custodian and pension system; currency exchange services; investment products; life insurance, general insurance, household insurance, health insurance, travel insurance, auto insurance, and business insurance.

It also covers liability products, carding services, internet banking, ATM services, deposits, financial advisory services, and NRI services. The Other banking segment includes non-banking activities such as the distribution of third party products and other banking activities.

The official office of the bank is located in Ahmedabad, and its central office is in Mumbai. In 2003, Axis Bank received permission to process government transactions such as collecting government taxes, managing payments related to spending by central government ministries and departments, and adjusting pensions on behalf of civilian ministries and non-civilians such as telecommunications, defense. , post offices and railways.

The bank performed well across all segments in the first quarter of the 22nd quarter, despite the impact of a second wave of Covid-19 cases during this period.

The growth of the bank’s loan portfolio improved to 12% by the end of June 2021 thanks to balanced growth across segments. The bank’s net interest income increased by 11%, while fee and commission income increased by 62%.

Strong CASA and commission rates, accelerated growth in loans in interest-bearing segments, limited restructuring, improved asset quality, and a stable balance sheet supported the bank’s performance in the second quarter of 2022.

After further stabilization on both sides of the balance sheet throughout the year, Axis Banks’ FY21 Annual Report indicates that due to the pandemic and the freeze, the franchise is selectively increasing its technology investments (79% increase in spending exceeding 24 million), which is reflected in higher business productivity.

Morgan Stanley has lowered its estimates of lenders’ pre-generated operating income in the short term, but expects improvement over the next 2-3 years.

Keep the purchase with a revised target price of Rs 1,020 (formerly Rs 960), pricing the main bank at 2x ABV on Dec 23E and the sub / investment at Rs 75.

Read more  Titan Share Price Target 2022 , 2023 , 2024 , 2025 & 2030

We maintain our ADD recommendation for the stock with a target price of INR 360, valuing the stock at 36x Mar-23E NOPLAT + Mar-22E cash and investment. Decrease PPoP estimates in the short term, but expect growth in 2-3 months.

Date Opening price Closing price Minimum price Maximum price Change
Axis Bank Ltd Stock Price Forecast for 2022
January 2022  721.828  739.051  721.204  739.051 2.33 % ▲
February 2022  739.162  744.990  738.243  744.990 0.78 % ▲
March 2022  744.579  717.815  716.921  744.579 -3.73 %▼
April 2022  716.779  727.662  716.779  730.495 1.5 % ▲
May 2022  728.561  748.166  726.591  748.210 2.62 % ▲
June 2022  747.003  748.052  741.585  748.052 0.14 % ▲
July 2022  747.624  746.844  746.844  753.576 -0.1 %▼
August 2022  747.870  744.014  743.364  747.870 -0.52 %▼
September 2022  745.157  743.212  743.212  748.142 -0.26 %▼
October 2022  744.329  754.646  742.459  754.646 1.37 % ▲
November 2022  754.789  758.847  753.919  761.000 0.53 % ▲
December 2022  759.542  752.109  751.269  759.542 -0.99 %▼
Axis Bank Ltd Stock Price Forecast for 2023
January 2023  754.829  772.181  754.117  772.181 2.25 % ▲
February 2023  771.302  778.244  771.302  778.567 0.89 % ▲
March 2023  776.853  750.219  750.219  777.627 -3.55 %▼
April 2023  752.494  761.567  751.931  764.214 1.19 % ▲
May 2023  762.385  780.353  760.035  781.364 2.3 % ▲
June 2023  781.462  780.279  775.298  781.565 -0.15 %▼
July 2023  784.016  781.651  780.721  786.947 -0.3 %▼
August 2023  781.153  778.450  776.875  781.153 -0.35 %▼
September 2023  777.510  777.071  777.071  781.704 -0.06 %▼
October 2023  778.056  787.770  775.931  787.770 1.23 % ▲
November 2023  786.919  793.385  786.919  794.522 0.81 % ▲
December 2023  792.013  785.320  784.867  792.765 -0.85 %▼
Axis Bank Ltd Stock Price Forecast for 2024
January 2024  787.888  804.311  787.084  805.149 2.04 % ▲
February 2024  805.682  811.365  804.944  812.047 0.7 % ▲
March 2024  810.082  783.889  783.889  810.783 -3.34 %▼
April 2024  785.631  795.688  784.769  797.818 1.26 % ▲
May 2024  794.144  813.837  793.626  814.775 2.42 % ▲
June 2024  815.409  812.926  808.810  815.409 -0.31 %▼
July 2024  816.721  813.440  813.440  820.216 -0.4 %▼
August 2024  814.203  810.811  810.428  814.207 -0.42 %▼
September 2024  813.113  811.847  810.965  815.334 -0.16 %▼
October 2024  811.340  821.291  809.488  821.291 1.21 % ▲
November 2024  820.593  825.845  820.593  828.151 0.64 % ▲
December 2024  826.722  821.038  818.511  826.722 -0.69 %▼
Axis Bank Ltd Stock Price Forecast for 2025
January 2025  820.108  837.983  820.108  838.681 2.13 % ▲
February 2025  840.776  843.796  839.788  845.449 0.36 % ▲
March 2025  844.829  818.982  817.794  844.829 -3.16 %▼
April 2025  818.814  827.995  817.787  831.286 1.11 % ▲
May 2025  828.683  847.112  827.340  847.895 2.18 % ▲
June 2025  849.107  849.385  842.239  849.385 0.03 % ▲
July 2025  849.787  847.971  847.237  853.974 -0.21 %▼
August 2025  846.652  844.154  844.020  847.888 -0.3 %▼
September 2025  846.366  845.142  844.878  848.895 -0.14 %▼
October 2025  843.628  853.584  843.127  854.262 1.17 % ▲
November 2025  856.534  859.615  855.721  861.716 0.36 % ▲
December 2025  860.630  853.192  851.942  860.630 -0.87 %▼
Axis Bank Ltd Stock Price Forecast for 2026
January 2026  854.494  870.972  853.759  871.628 1.89 % ▲
February 2026  873.881  877.394  872.955  878.787 0.4 % ▲
March 2026  878.728  852.209  851.931  878.728 -3.11 %▼
April 2026  851.007  862.546  851.007  864.605 1.34 % ▲
May 2026  861.149  880.193  860.819  880.819 2.16 % ▲
June 2026  882.640  882.446  875.636  882.640 -0.02 %▼
July 2026  881.853  880.426  880.426  887.638 -0.16 %▼
August 2026  881.590  879.652  877.544  881.590 -0.22 %▼
September 2026  879.551  877.440  877.440  882.387 -0.24 %▼
October 2026  878.160  886.551  876.687  887.209 0.95 % ▲
November 2026  889.556  891.635  888.773  892.456 0.23 % ▲

A Citi spokesman for India reiterated that the groups continue to do institutional business in the country, refusing to discuss the specifics of the proposals that will be made for its retail vertical. “Citibank decided to exit the retail vertical in 13 markets in order to preserve capital and focus on high-yielding businesses.

Despite the highest profit on record in the second quarter of fiscal year 2021-22 (Q2 of fiscal year 22), leading bank Axis Bank failed. to attract investors as the share price fell about 7% to Rs 786 a share in intraday trading on the BSE on Wednesday.

Leave a Comment