NIFTY 22643.40 BANK 49424.05

Axis Bank Ltd.
Share Price Target & Analysis

NSE:AXISBANK

1150.70

VWAP

1130.30

Open

1130.3

Close

1164.00

High

1125.30

Low

1164.00

52 Week High

1159.25 ⇧
28.95 (2.56%)

AXISBANK

(FINANCIAL SERVICES)
98.5% Momentum

Trending & Favourite

853.65

52 Week Low

80.53

EPS

19.48

PE

2.85

PB

Standard
Quality

Bronze
Valuation

#Analysis

NSE: AXISBANK Share Price Financial Analysis & Valuation

Axis Bank Ltd. (AXISBANK) is broadly categorized in FINANCIAL SERVICES segment industry which deals in Banks - Private Sector vertical. It is one of Large Cap company with Market Capitalization of Rs 237252 (in Cr). Total number of free float shares are 257 (in Lacs). Axis Bank Ltd. is listed on NSE with Exchange ID - INE238A01034 and trading code is NSE:AXISBANK with short name Axis Bank.

Axis Bank Ltd. is also traded in Future & Options (Derivative segment of NSE).

In the past 1 year, Axis Bank Ltd. has declared an equity dividend of Rs 1 per share. At the current share price of AXISBANK at Rs 1159.25, this results in a dividend yield of 0.09 %.

As per the Fundamental Analysis of NSE:AXISBANK, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine AXISBANK underlying value and future prospects. All of this data is available in AXISBANK financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:AXISBANK, it is clearly understood that AXISBANK is Standard performer in terms of earnings and profit margins with an EPS of 80.53. NSE:AXISBANK book value per share as of today is 406.25. The current price to book ratio for AXISBANK as of Apr 29, 2024 is 2.85.

Valuation of the Stock: The current valuation of AXISBANK stock is like Bronze which means currently the stock is Reasonably Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of AXISBANK whether to BUY this stock at current valuation. The delivery percentage of AXISBANK is 39.61% is very crucial parameter which shows that 39.61% investors are anticipating that the price of AXISBANK share should go up with VWAP at 1150.70.

Now, the main question is whether to BUY or SELL, NSE:AXISBANK at current valuation.
As per latest Analysis No. #2436:-

⇑ STRONG BUY AXISBANK if All Greens

⇗ BUY AXISBANK (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD AXISBANK (With Stop Loss) if only 1 Green

⇘ SELL AXISBANK if NO Green Indicator

NSE: AXISBANK Share Price Today (Apr 29, 2024)

(Axis Bank Ltd. Daily Analysis on the basis of AXISBANK Intraday Graph & Trend)

Axis Bank Ltd. share price moved Up by 2.56% from its previous close of Rs 1130.3. AXISBANK stock last traded price is 1159.25. AXISBANK share price trend is Up with a total of 15183242 stocks traded till now. It has touched an intraday high of Rs 1164.00 and an intraday low of Rs 1125.30. The AXISBANK trading at 1159.25, Up by Rs. 28.95, or 2.56 percent which suggests that most of the Traders are anticipating that the price of AXISBANK share should go Up.

NSE: AXISBANK Share Price Tomorrow Prediction

(Axis Bank Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of AXISBANK)

Axis Bank Ltd. share price moved Up by 2.56%. AXISBANK share price short term trend is Up. It suggests that AXISBANK Share Price for Tomorrow remains the same with VWAP at 1150.70 will be treated as stop loss for intraday traders. Axis Bank Ltd. Long term investors can follow the AXISBANK long term trend as mentiond in future forecast table.

NSE Code

NSE: AXISBANK

AXISBANK Share Price Today

 1159.25

AXISBANK Share Price Target Prediction for 2024 ^

 969 - 1169.8

AXISBANK Share Price Target Prediction for 2025*^

 1169.8 - 1246.2

AXISBANK Share Price Target Prediction for 2026*^

 1246.2 - 1333.4

AXISBANK Share Price Target Prediction for 2027*^

 1400

AXISBANK Share Price Target Prediction for 2028*^

 1440

AXISBANK Share Price Target Prediction for 2030*^

 1570
AXISBANK Current Book Value 2023
404.2

*Axis Bank Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^AXISBANK share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

AXISBANK Technical Analysis

Candlestick Pattern: @1057.95

AXISBANK Moving Averages

BUY (3) NEUTRAL (0) SELL (11)
MA Simple Action S1 Expo Action E2
MA_5 1075.05 SELL 1069.1 SELL
MA_12 1061.65 SELL 1065.89 SELL
MA_20 1056.1 BUY 1065.92 SELL
MA_32 1072.2 SELL 1068.45 SELL
MA_50 1071.32 SELL 1070.34 SELL
MA_100 1085.91 SELL 1066.38 SELL
MA_200 1033.11 BUY 1028.15 BUY

AXISBANK Trend Oscillators

BUY (2) NEUTRAL (1) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 1056.1 Uptrend
MACD 2.91 BUY
ADX 14.28 NO or Weak Trend
DMI (+/-) 22.74 / 24.5 Downtrend

AXISBANK Momentum Oscillators

BUY (1) NEUTRAL (6) SELL (5)
Momentum Oscillators Value Action
RSI 46.53 Neutral
STOCHASTIC_K (Fast) 19.5 Oversold
STOCHASTIC_D (Slow) 56.57 Neutral
CCI 5.82 Neutral
PSAR 1041.39 BUY
TRUE RANGE 18.2 SELL
ATR 20.55 SELL
WILLIAMS R -55.81 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 46.81 Neutral
MOMENTUM -39.05 SELL

AXISBANK Last 1 Year Trend

Duration Value
1 Year 23.98%
3 Months -5.25%
1 Month -3.56%
1 Week -0.11%

AXISBANK Technical Analysis Summary

Updated on 2024-04-15
Action Overall (%)
BUY 20%
NEUTRAL / HOLD 23%
SELL 57%

Most popular Questions & Answers about AXISBANK


Axis Bank Ltd. stock last traded price is 1159.25. AXISBANK share price moved Up by 2.56% from its previous close of Rs 1130.3.

Axis Bank Ltd. share price trend is Up with a total of 15183242 stocks traded till now. It has touched an intraday high of Rs 1175.64 and an intraday low of Rs 1125.30. The AXISBANK trading at 1159.25, Up by Rs. 28.95, or 2.56 percent which suggests that most of the Traders are anticipating that the price of AXISBANK share should go Up and the Stop Loss will be around 1150.70.

The market cap of Axis Bank Ltd. is ₹237252 (in Cr) as of Apr 28, 2024.

The current price to earning ratio for Axis Bank Ltd. as of Apr 28, 2024 is 19.48.

The current price to book ratio for Axis Bank Ltd. as of Apr 28, 2024 is 2.85.

The highest price of Axis Bank Ltd. stock is ₹1164.00 in the last 52-week.

The lowest price of Axis Bank Ltd. stock is ₹853.65 in the last 52-week.

Axis Bank Ltd. share trading at ₹1159.25, Up by Rs. 28.95, or 2.56 percent which suggests that most of the traders are anticipating that the price of AXISBANK share should go Up.

In 2023, Stock price target for Axis Bank Ltd. (AXISBANK) are ₹969 on downside and ₹1169.8 on upside. Axis Bank Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Axis Bank Ltd. (AXISBANK) are ₹1169.8 on downside and ₹1246.2 on upside. Axis Bank Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Axis Bank Ltd. (AXISBANK) are ₹1246.2 on downside and ₹1333.4 on upside. Axis Bank Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Axis Bank Ltd. (AXISBANK) will be around ₹1440 Axis Bank Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of AXISBANK.

As per the fundamental analysis of Axis Bank Ltd. (AXISBANK), it is of Standard quality in terms of earnings and profit margins with an EPS of 80.53. Axis Bank Ltd. book value per share as of today is 406.25. The current price to book ratio for AXISBANK as of Apr 29, 2024 is 2.85.


NSE:AXISBANK News & Other Useful Information about AXISBANK Share Price


Peer Comparison of NSE: AXISBANK

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Banks - Private Sector

Company Price EPS BV
HDFCBANK 1529.50 80.05 554.7
ICICIBANK 1156.40 55.95 280.29
KOTAKBANK 1640.40 66.12 417.63
AXISBANK 1159.25 80.53 406.25
INDUSINDBK 1489.50 114.99 697.38
BANDHANBNK 184.00 18.52 121.57
AUBANK 645.00 20.66 148.83
YESBANK 27.15 0.33 13.33
IDFCFIRSTB 81.50 4.29 39.63
FEDERALBNK 160.45 11.55 107.29
Updated at: 29 Apr 2024 15:30

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