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.
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.
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 2022 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.
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 2022-22 (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.
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