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Axis Bank Ltd share Price Today

Company details

1,155.25
1,183.15
927.15
1,310.00
6M Return 12.96%
1Y Return 22.32%
Mkt Cap.(Cr) 363,830.11
Volume 18,554,648
Div Yield 0.08%
OI
-
OI Chg %
-
Volume 18,554,648

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Axis Bank announced Q1FY25 results:

  • Net Interest Income grew 12% YoY and 3% QoQ
  • Fee income grew 16% YoY, Retail fee grew 18% YoY, granular fees at 93% of total fees
  • Operating cost growth moderated to 11% YoY and declined sequentially, PAT at Rs 6,035 crore up 4% YoY
  • On a QAB, total deposits grew 14% | 3%, term deposits grew 21% | 4%, CASA grew 4%| 3% on YoY | QoQ basis, respectively
  • Total advances grew 14% YoY, Retail loans grew 18% YoY, SME grew 20% YoY, Corporate loans grew 6% YoY
  • Overall CAR stood at 16.65% with CET 1 ratio of 14.06%, net accretion to CET-1 of 32 bps in Q1FY25
  • GNPA% at 1.54% declined by 42 bps YoY, NNPA% at 0.34% declined by 7 bps YoY
  • ~1 million credit cards issued in Q1, CIF market share of ~14%, card spends up ~12% YoY
  • Largest player in Merchant Acquiring with market share of 21%, incremental share of 45% in last one year4
  • Citi integration completed successfully in July 2024

Amitabh Chaudhry, MD&CEO, Axis Bank said, ‘The last quarter was crucial in terms of getting all the teams to work together for the last leg of Citi integration. I am delighted that the integration is done and it was largely seamless given the size and scale of the transition. I am thankful to the teams who worked tirelessly in making this possible, and to our 2 million new customers for keeping their trust and faith in us.

Result PDF

View Other Company Results

Axis Bank Ltd shares SWOT Analysis

Strengths (4)

  • Increasing Revenue every Quarter for the past 4 Quarters
  • Book Value per share Improving for last 2 years
  • Company with Zero Promoter Pledge

Weakness (1)

  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years

Opportunity (1)

  • Companies with current TTM PE Ratio less than 3 Year, 5 Year and 10 Year PE

Threats (3)

  • Increase in NPA in Recent Results
  • Increase in Provisions in Recent Results
  • RSI indicating price weakness

Resistance and support

R1 1,188.6
R2 1,199.8
R3 1,216.5
Pivot

1,171.92

S1 1,160.7
S2 1,144.0
S3 1,132.8
EMA SMA
1,255.0
1,224.7
1,178.1
1,117.3
1,273.1
1,223.1
1,154.5
1,107.6
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
MORGAN STANLEY & COMPANY INTERNATIONAL PLC Bulk Purchase 2024-06-21 1225.75 17000000 NSE
SOCIETE GENERALE Block Purchase 2024-04-09 1071 6250000 BSE
MORGAN STANLEY ASIA SINGAPORE PTE Block Purchase 2024-04-09 1071 4225000 BSE
Name Category Shares
LIFE INSURANCE CORPORATION OF INDIA PROMOTER 8.31%

OUR RESEARCH VIEW

Investment recommendation
Strong quarter; outlook remains optimistic
Call Date
22 May 2024
Entry Price 1,137.00
Target Price 1,300.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Axis Bank Ltd Stocks COMPARISON

Financials( in Cr) Axis Bank Ltd HDFC Bank Ltd ICICI Bank Ltd State Bank of India Kotak Mahindra Bank Ltd
Price 1,177.35 1,618.15 1,207.20 862.45 1,813.85
% Change 0.12 0.10 0.78 1.64 2.18
Mcap Cr 363,830.11 1,231,108.26 849,408.62 769,703.16 360,584.49
Revenue TTM Cr 112,759.05 283,649.02 121,066.81 439,188.51 56,236.63
Net Profit TTM Cr 26,423.54 65,446.50 34,463.03 68,138.26 17,976.83
PE TTM 13.62 18.06 19.21 11.48 19.35
1 Year Return 22.32 -4.62 21.36 41.48 -3.29
ROCE 0.00 0.00 0.00 0.00 0.00
ROE 18.43 17.55 17.66 18.97 14.84
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 156,129.03 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 3,555.27 41,445.87
LAST 3M 81,242.17 56,953.52
LAST 6M 176,360.83 56,552.99
LAST 12M 304,497.96 86,223.40
Axis Bank Limited - Copy of Newspaper Publication

Jul 25, 2024 l NSE Announcement

Board Meetings Forthcomming

Jul 24, 2024 l Board Meetings Forthcomming

NSE Board Meetings Forthcomming

Jul 24, 2024 l NSE Board Meetings Forthcomming

Date Action Type Ratio
Jul 12, 2024 Dividend 50
Jul 07, 2023 Dividend 50
Jul 07, 2022 Dividend 50

Axis Bank Ltd Information

Stock PE (TTM)
13.62
Promoter Holding
7.92%
Book Value
530.5788
ROE
18.43%
Description
  • Axis Bank Ltd is in the Banking sector is having the Market Capitalization of worth Rs. 231,243.89 crores, it is incorporated in the year 1993. It has reported a consolidated Net Interest Income of Rs. 25,719.74 crores in March’2021. The company is listed in the Bombay Stock Exchange (BSE) with the code 532215, and also listed in the National Stock Exchange (NSE) with the code AXISBANK.

    Axis Bank Ltd is an Indian bank and financial services provider having its headquarters in Mumbai. Axis Bank’s customer base mainly consists of large and mid-size companies, SMEs, and retail businesses. The promoter group of Axis Bank consists of some notable names like United India Insurance Company Ltd, Oriental Insurance Company Ltd, Life Insurance Corporation, UTI, National Insurance Company Limited, etc. Axis Bank operates across the nation through a network of 4,096 branches and 12,922 ATMs. It is known that Axis Bank has the largest ATM network in the country among the private banks. Axis Bank Ltd has branches in nine different countries around the globe. Axis Bank also performs retail banking functions such as card services, Internet banking, automated teller machines (ATM) services, depository, financial advisory services, etc. The promoters of the company own 11.69% of the stake in the company, Foreign Institutional Investors (FII) own 52.49%, Domestic Institutional Investors (DII) own 24.28% of the stake, and others (such as public and retail investors) hold the balance of 11.55%.

    In June 2021, quarterly net revenue was Rs. 16,003.46 crores, which has decreased by approximately 2.69 % from Rs. 16,445.47 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 2,160.15 crores, which has almost doubled by nearly 94.23% from a net profit of Rs. 1,112.17 crores in June 2020. In June 2021, the reported operating profit was at Rs. 16,511.1 crores, which has remained consistent when compared to an operating profit of Rs. 16,510.68 crores for the quarter ending in June 2020. From Rs. 3.94 in June 2020, the EPS of Axis Bank Ltd has risen to Rs. 7.05 per share in June 2021. AXISBANK’s stock closed at Rs. 754.4 on 18th August’2021 (NSE) and has returned a negative 3% in the last six months and 72.18% in the previous year.

Registered Address

Trishul 3rd Floor Law Garden, Ellis Bridge, Ahmedabad, Gujarat, 380006

Tel : 91-79-66306161
Email : shareholders:axisbank.com
Website : http://www.axisbank.com
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 532215
NSE Code : AXISBANK
Book Closure Date (Month) :
BSE Group : A
ISIN : INE238A01034

FAQ’s on Axis Bank Ltd Shares

You can buy Axis Bank Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Axis Bank Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jul 26, 2024 03:59 PM the closing price of Axis Bank Ltd was Rs.1,177.35.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jul 26, 2024 03:59 PM, the market cap of Axis Bank Ltd stood at Rs. 363,830.11 Cr.

The latest PE ratio of Axis Bank Ltd as of Jul 26, 2024 03:59 PM is 13.62

The latest PB ratio of Axis Bank Ltd as of Jul 26, 2024 03:59 PM is 0.45

The 52-week high of Axis Bank Ltd share price is Rs. 1,310.00 while the 52-week low is Rs. 927.15

According to analyst recommendations, Axis Bank Ltd Share has a "Buy" rating for the long term.

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