Axis Bank

Axis Bank

AXISBANK

 ₹ 1,169.34
 ₹ 22.76
1.99%
Bank
 ₹ 0.00
(%)1D
Updated: 06 Dec 2024, 03:31:07 pm IST
Stock Score
Open Price
 ₹ 1,141.89
Prev. Close
 ₹ 1,146.58
 ₹ 1,130.17
Day Low
 ₹ 1,178.92
Day High

 ₹ 992.48
52 Week Low
 ₹ 1,444.69
52 Week High

Quick Bite

Price To Earnings Ratio

13.68

Sector PE

14.55

PB Ratio

2.31

Sector PB

1.72

EPS

85.49

Dividend Yield

0.10

Today's Volume

7.146 M

5 Day Avg. Volume

10.759 M

PEG Ratio

0.10

Market Cap.

₹ 3,50,000.00 Cr.

Returns Comparison

TimeAXISBANKVSIndustry
1 Day1.99%-0.11%
1 Week3.99%3.32%
1 Month0.9%1.06%
6 Months-5.44%-4.21%
1 Year3.09%-0.34%

StockGro Trade Views 👍

StockGro Trade Views 👍

Technical Trend

Neutral
academy home
Bearish
Neutral
Bullish

Pivot Levels

R3 ₹ 1,218.29
R2 ₹ 1,198.61
R1 ₹ 1,183.97
RESISTANCE
 ₹ 1,164.29
SUPPORT
S1 ₹ 1,149.65
S2 ₹ 1,129.97
S3 ₹ 1,115.33

Updated: 22 Jul 2024,09:18:33 am IST

Moving Averages

Strong Sell
Sell
Neutral
Buy
Strong Buy
Sell
2
Buy
4
Period (Days)SMAIndication
101137.45Bullish
201133.9Bullish
301139.19Bullish
501151.34Bullish
1001175.47Bearish
2001178.29Bearish

Updated: 06 Dec 2024, 03:13:31 pm IST

Analyst Rankings 👍

Analyst Rankings 👍

Shareholding Updates

FIIDIIPromotersPublicOthers
51.78%
FII
Sep 2024
Promoters  8.29%
FII  51.78%
DII  33.21%
Public  6.72%
Others  0%

Mutual Fund Ownership 👍

Mutual Fund Ownership 👍

Cash Flow

AnnualFY 2024FY 2023FY 2022
Operating Activities-5554.6722074.7828137.30
Investing Activities-9088.16-32694.38-27232.10
Financing Activities22341.256640.5447894.08
Net Cash Flow7698.42-3979.0648799.28

All Figures in ₹ Cr., unless mentioned otherwise

Ratios

Return on Equity (%)

Income Statement

All Figures in ₹ Cr., unless mentioned otherwise

Balance Sheet

All Figures in ₹ Cr., unless mentioned otherwise

Peer Comparison

Name1D (%)1W (%)1M (%)6M (%)1Y (%)
Axis Bank1.993.990.9-5.443.09
Bank of Baroda1.57.492.28-1.5936.7
CSB Bank0.390.41-1.06-11.86-26
Central Bank of India-0.896.884.42-16.4523.11
Bank of India-0.935.955.11-7.032.89
Returns as on 06 Dec, 2024

About Axis Bank

Axis Bank Limited (the Bank) is an India-based company that is engaged in banking and financial services. The Bank's segments include Treasury, Retail Banking, Corporate/Wholesale Banking and Other Banking Business. The Treasury segment includes investments in sovereign and corporate debt, equity and mutual funds, trading operations, derivative trading and foreign exchange operations on the proprietary account and for customers. The Retail Banking segment offers liability products, card services, Internet banking, mobile banking, ATM services, depository, financial advisory services and NRI services. The Corporate/Wholesale Banking segment includes corporate relationships not included under Retail Banking, corporate advisory services, placements and syndication, project appraisals, capital market related services and cash management services. Its Other Banking Business segment includes para banking activities like third party product distribution and other banking transactions.

Axis Bank Share Price

Axis Bank Ltd.

Of all the private-sector banks, Axis Bank is the third-largest operating bank in India. It provides a full range of banking solutions to corporate people and clients, including large and mid-line business entities, micro, small, and medium enterprises, retail and commercial businesses, traders, and farmers.

Moreover, Axis Bank is based in Mumbai, Maharashtra; it was referred to as UTI Bank until 2007, when it changed its name. The bank offers different goods and is a financial services provider traded in the National Stock and Bombay Stock Exchange (BSE). Axis Bank share news

About Axis Bank bonus share

In Mumbai, Maharashtra, India, Axis Bank Limited is a multinational banking and financial services company initially known as UTI Bank (1993–2007). In terms of assets, it is the third-largest private sector bank in India; by market capitalisation, it is ranked fourth. It provides financial services to small and medium-sized businesses, retail businesses, and SMEs.

As of June 30, 2016, 30.81% of the shares were held by promoters and promoter groups, including UTI, GIC, LIC, National Insurance Company Limited, Oriental Insurance Company Limited, and New India Assurance Company Ltd. Moreover, 69.19% of the shares are held by mutual funds, FIIs, banks, insurance companies, corporations, and individual investors.

Banking Industry Overview

Numerous international, cooperative, public, private, and regional rural banks comprise India's financial system. The Reserve Bank of India is an important regulatory body (RBI). Indian banks offer various services, including digital banking, loans, investments, and savings.

The sector has undergone significant changes, such as nationalisation in 1969 and liberalisation in the 1990s, which increased competition and led to technological advancements. Financial inclusion initiatives aim to offer banking services to all segments of society.

Axis Bank Limited competitors

Here are some of the key competitors of Axis Bank Limited: -

  • State Bank of India
  • HDFC Bank Ltd
  • ICICI Bank Ltd

Axis Bank share dividend history

Here is the Axis bank share price history year by year:

1993: UTI Bank was incorporated and backed by major financial institutions. Obtained banking license and started Depository Participant services.

1997: Expanded branches, launched public issues, and introduced ATM cards.

1999: Launched co-branded credit card with Citibank.

2000: Introduced Tele-Depository Services and iConnect internet banking. Collaborated for e-broking and online trading.

2001: Recorded profit rise, board changes.

2002: Board changes, alliances for ATMs and online trading.

2004: Debenture issue, board appointments, alliances for trading and banking services.

2006: Priority banking lounge, sales subsidiary launch, credit card business launch.

2007: Board changes and rating upgrades were renamed as Axis Bank.

2008: Launch of Platinum Credit Card, branch openings.

2010: Board appointments, stake acquisition, property acquisition.

2011: Launch of online trading platform and pre-paid VISA card.

2012: Partnership for retail banking education, asset management partnership, and investment banking alliances.

2013: Launch of various banking products and alliance for trade with Latin America.

2014: Expansion into China, launch of new loan products, partnerships for credit cards.

2015: Launch of various banking products, alliances for trade and international presence.

2016: Approval for increased foreign investment, launch of green bond.

2017: Partnership to boost trade, launch of new home loan product.

2018: Launch of banking program, increase in lending rates, approval for higher borrowing limit.

2019: Launch of co-branded credit card, pandemic relief fund.

2020: Allocation of funds for pandemic relief, stake acquisition in insurance, launch of co-branded forex card.

2021: The introduction of international money transfer services and the launching a digital banking academy.

2022: Non-binding agreement for stake acquisition, network expansion, and acquisition of Citi's consumer business.

Company profile – Strengths and weaknesses

Strength

  • Leadership in cloud-based solutions
  • Consistently high growth in Axis bank share price NSE AMC
  • Distinctive digital banking abilities
  • Customer transactions are growing through partnerships with payment services and varied e-commerce platforms.

Weaknesses

  • Net profit, as per the Axis bank share price today, is highly volatile with time.

The Axis Bank Share Price Financials

Financial Metric

Value

Market Cap

₹ 3.66 trillion

Book Value

₹ 422

Dividend Yield

0.11%

Face Value

₹ 2

ROE

12.40%

ROCE

9.31%

Shareholding pattern of Axis Bank Limited

Here is the shareholding pattern of Axis Bank Limited:

  • Promoters: 9.7%
  • FII: 46.93%
  • DII: 30.5%
  • Public: 12.73%
  • Others: 0.14%

Peer comparison

Stock

P/E Ratio (%)

Book Value (₹)

Div. Yield (%)

Axis Bank

17.23

₹ 422

0.11

HDFC Bank Ltd

19.60

₹ 575.47

1.24

ICICI Bank Ltd

19.30

₹ 332.65

0.89

State Bank of India

12.12

₹ 391.83

1.65

Axis Bank FAQs

How to Buy Axis Bank Share?

up
To purchase Axis Bank shares, you can open a Demat & Trading account through a broker or financial institution. Once your account is set up and funded, search for Axis Bank (ticker symbol: AXISBANK) on the trading platform provided by your broker and purchase the shares.

What's Axis Bank share price today?

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The stock price of Axis Bank as of 06 Dec 2024 is ₹1,169.34

What is the Market Cap of Axis Bank?

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Market capitalisation represents the total market value of a company's outstanding shares. As of 06 Dec 2024, Axis Bank (ticker symbol: AXISBANK) has a market capitalisation of approximately ₹35,00,00,00,00,000.00

What is the PE and PB ratio of Axis Bank?

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Axis Bank Ltd's price-to-book ratio as of 06 Dec 2024 is 2.31, reflecting the market's valuation compared to its asset value. As of 06 Dec 2024, the trailing twelve months P/E (price-to-earnings) ratio is 13.68, indicating the market values the company at around ₹13.68 for every ₹1 of earnings

What is the 52 Week High and Low of Axis Bank Share?

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Axis Bank Ltd (AXISBANK) hit its 52-week high at ₹1,444.69, and its 52-week low at ₹992.48.
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