Axis Bank Limited had a lengthy history of listing on the stock exchange and was having success there as well. But as for the future, analysts had projected growth for the business, which included increases in sales and profits as well as increases in the stock market. There is a possibility that the business would see enormous long-term profits, which will be advantageous for shareholders looking to make long-term investments.
Axis Bank Share Price Insights:-
The shares of Axis Bank have experienced a 0.67 percent decrease in value from its previous closing price.
Axis Bank shares have seen price increases of 0.83 percent over the past year and 1.11 percent over the last five days.
The banking corporation has more than 3 billion outstanding shares at the end of 2023.
The banking company's current price range on the stock exchange is 1101.65 to 111.90. As of right now, shares on the stock exchange are trading for 1097.10 INR.
Axis Bank Ltd. is a prosperous business since its earnings increased by 4% in the most recent quarter over the preceding one.
More than ten analysts rated the company's shares as solid buys, predicting that share prices would rise in the future and that shareholders will profit from their ownership over time.
A general concept of the share price is being developed based on the predictions made regarding the share prices.
In comparison to the current share price, the predicted value of shares is high; the Axis Bank share price prediction for 2025 is 1242.78 INR.
The value of the Axis Bank share price prediction 2030 is 1895.40 INR; it can change in the future.
The company's performance is the basis for these forecasts, and share price targets are established in accordance with them.
The target price for Axis Bank shares in 2024 is 1146.42 INR, and the target price for shares in 2025 is 1273.17 INR.
The target share price for Axis Bank in 2026 is 1439.86 INR, and in 2027, it is 1553.33 INR.
Axis Bank's share price targets are as follows: 1666.51 INR in 2028, 1780.68 INR in 2029, and 1895.40 INR in 2030 respectively.
The sources state that the Axis Bank share is currently trading at 2.62 times the banking company's book value.
The highest Axis Bank share price in the past year is 1151.50 INR.
Axis Bank Share Price Target 2024
Months Target Prices
January1076.71
February1091.75
March1076.6
April1069.14
May1086.41
June1151.72
July1151.79
August1151.89
September1257.75
October1257.73
November1257.69
December1257.69
Months Target Prices
January1336.15
February1351.27
March1336.03
April1328.57
May1328.62
June1328.72
July1328.77
August1328.81
September1328.91
October1328.91
November1328.78
December1328.89
Months Target Prices
January1433.91
February1449.06
March1433.92
April1426.44
May1426.41
June1426.34
July1426.44
August1426.51
September1426.5
October1426.5
November1426.42
December1426.42
Months Target Prices
January1536.79
February1551.96
March1536.73
April1529.13
May1529.09
June1529.17
July1529.05
August1529.19
September1529.18
October1529.13
November1529.13
December1529.38
Months Target Prices
January1644.78
February1659.89
March1644.86
April1637.31
May1637.4
June1637.33
July1637.25
August1637.31
September1637.36
October1637.41
November1637.39
December1637.31
Months Target Prices
January1757.99February1773.02March1757.99April1750.4May1750.38June1750.26July1750.31August1750.25September1750.17October1750.16November1750.2December1750.23
Months Target PricesJanuary1876.74February1891.98March1876.86April1869.38May1869.32June1869.19July1869.07August1869.12September1869.13October1869.04November1868.25December1868.77
Axis Bank ltd Financials:-
Market Capitalization Value343080 crores
Total revenue1.06 lakh crores
Total Share Capital615.37 crores
Total Deposits946945.21 crores
Total Borrowings186300.4 crores
Total Investments288814.28 crores
Total Assets1317325.38 crores
Total Contingent liabilities1441246.28 crores
Capital Adequacy ratio17.64 percent
EPS31.7 crores
Book Value407.61 crores
ROCE1.57 percentROE7.63 percent
Return on Assets0.72 percentEarnings yield ratio0.04 percent
Axis Bank Shareholding pattern:-
Shareholders Share Percentage
Promoters7.95 percent
FII6.05 percent
Mutual Funds21.08 percent
Public5.76 percent
Foreign institutions55.83 percent
Indian body corporate3.34 percent
Axis Bank ltd Competitors:-
- HDFC Bank
- Kotak Mahindra Bank
- ICICI Bank
- IDBI Bank
- Indusind Bank
- State Bank of India
Points to be considered before investing in Axis Bank ltd:-
Examine the financial statements, profit and loss statement, and various expense and financial ratios.
Always keep a watch on share values, since they can alter in the stock exchanges in as little as an hour or a minute.
Examine the tax implications of the stocks because they fluctuate with each fiscal year and record the tax implication ratio for future gains.
Invest a sensible amount in stocks based on your needs; avoid taking out loans to make investments.
If you're considering making a long-term investment, check out all the company's fund categories, types, availability, and returns. They might come in handy later.
Conclusion:-
Due to its lengthy listing history on stock exchanges and affiliation with the financial industry, Axis Bank is a firm whose shares are in high demand. Based on the company's historical performance, there is potential for future growth in the stock price, as well as in the company's revenues, earnings, and financial situation. A number of analysts have forecast that over time, both the likelihood of the company's growth and the share prices will rise.Currently, share prices are rising, but for the past year, there has been a very little gain in share prices. More recently, there has been a slight decrease in share value, but this shift will soon be covered up because it is so slight.
Disclaimer:-
The information in this article about Axis Bank Ltd.'s share prices is based on the company's performance on stock exchanges; therefore, any amounts, share prices, percentage increases or decreases, or other numbers that have been mentioned are subject to change in the future. This article claims that Indiapropertydekho does not encourage people to buy Axis Bank Ltd. stocks. If you are considering investing, do not rely solely on this article; instead, consult your financial advisor before making a choice.Should you rely on this and invest in Axis Bank Ltd. stocks, Indiapropertydekho shall not be held liable for any loss or profit that may arise.
