Axis Bank

Axis Bank

AXISBANK

 ₹ 1,286.29
- ₹ 5.66
-0.43%
Modeled data

Axis Bank  
Market Sentiment

TimelineReturnsVolume
Daily-0.28%20,90,513
Weekly0.74%2,31,48,624
Monthly7.68%16,65,14,485

Axis Bank  
Performance

TimelineDailyWeeklyMonthly
AXISBANK-0.28%0.74%7.68%
Index---4.81%
Peer Avg.1.42%-0.45%3.21%
*Avg of index constituents

Axis Bank  
Fundamentals

TimelinePEPBEV/EBIDTAROEROCEDiv. Yield
AXISBANK17.232.0014.0712.409.310.11
Index35.445.9816.8116.9918.411.19
Peer Avg.39.382.0111.518.668.970.32
*Avg of index constituents

Axis Bank  
Key Metrics

MetricsSales GrowthProfit GrowthROEROCE
FY '21-226.64%96.50%12.40%9.31%
FY '20-211.10%295.46%7.35%7.01%
FY '19-2013.80%-63.99%2.29%5.81%

Axis Bank  
Shareholding Pattern

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

Axis Bank  
Profit & Loss

MetricsSalesExpenditureEBITDAPAT
FY '21-2268,111.4466,199.7718,156.0113,594.91
FY '20-2163,871.8067,514.099,277.976,920.45
FY '19-2063,175.4274,022.565,092.141,752.99
All values are in crores

Axis Bank  
Peer Comparison

MetricsSalesExpenditureEBITDAPAT
AXISBANK68,111.4466,199.7718,156.0113,594.91
INDUSINDBK30,822.4431,921.546,303.244,707.88
KOTAKBANK30,389.6132,567.2813,654.8110,252.28
All values are in crores

Axis Bank  
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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?

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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 11 Jul 2024 is ₹1,286.29

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 11 Jul 2024, Axis Bank (ticker symbol: axisbank) has a market capitalisation of approximately ₹28,73,05,62,47,631.00

What is the PE and PB ratio of Axis Bank?

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Axis Bank Ltd's price-to-book ratio as of 11 Jul 2024 is 2.0034828, reflecting the market's valuation compared to its asset value. As of 11 Jul 2024, the trailing twelve months P/E (price-to-earnings) ratio is 17.232065, indicating the market values the company at around ₹17.23 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 ₹1,320.30, and its 52-week low at { ₹814.40}.
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