Axis Bank Ltd.
Share Price Target & Analysis
NSE:AXISBANK
VWAP
Open
Close
High
Low
52 Week High
2.65 (0.23%)
AXISBANK
(FINANCIAL SERVICES)Turnaround Potential
52 Week Low
EPS
PE
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 1141.80, 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 84.52. NSE:AXISBANK book value per share as of today is 485.53. The current price to book ratio for AXISBANK as of Nov 23, 2024 is 2.35.
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 55.65% is very crucial parameter which shows that 55.65% investors are anticipating that the price of AXISBANK share should go up with VWAP at 1135.51.
Now, the main question is whether to BUY or SELL, NSE:AXISBANK at current valuation.
As per latest Analysis No. #3046:-
⇑ 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 (Nov 23, 2024)
(Axis Bank Ltd. Daily Analysis on the basis of AXISBANK Intraday Graph & Trend)
Axis Bank Ltd. share price moved Up by 0.23% from its previous close of Rs 1139.15. AXISBANK stock last traded price is 1141.80. AXISBANK share price trend is Up with a total of 16687300 stocks traded till now. It has touched an intraday high of Rs 1147.9 and an intraday low of Rs 1127.55. The AXISBANK trading at 1141.80, Up by Rs. 2.65, or 0.23 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 0.23%. AXISBANK share price short term trend is Up. It suggests that AXISBANK Share Price for Tomorrow remains the same with VWAP at 1135.51 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 |
1141.80 |
AXISBANK Share Price Target Prediction for 2024 ^ |
1043.9 - 1238.4 |
AXISBANK Share Price Target Prediction for 2025*^ |
1238.4 - 1434.2 |
AXISBANK Share Price Target Prediction for 2026*^ |
1434.2 - 1534.6 |
AXISBANK Share Price Target Prediction for 2027*^ |
1611 |
AXISBANK Share Price Target Prediction for 2028*^ |
1657 |
AXISBANK Share Price Target Prediction for 2030*^ |
1807 |
AXISBANK Current Book Value 2023 |
483.1 |
*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: @1140.7MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 1153.99 | SELL | 1150.22 | SELL |
MA_12 | 1161.05 | SELL | 1158.93 | SELL |
MA_20 | 1167.26 | SELL | 1163.95 | SELL |
MA_32 | 1172.37 | SELL | 1171.64 | SELL |
MA_50 | 1187.75 | SELL | 1177.13 | SELL |
MA_100 | 1191.77 | SELL | 1179.57 | SELL |
MA_200 | 1154.43 | SELL | 1150.99 | SELL |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 1167.26 | Downtrend |
MACD | -1.42 | SELL |
ADX | 19.32 | NO or Weak Trend |
DMI (+/-) | 15.09 / 23.98 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 42.29 | Neutral |
STOCHASTIC_K (Fast) | 13.15 | Oversold |
STOCHASTIC_D (Slow) | 24.78 | Neutral |
CCI | -174.67 | SELL |
PSAR | 1193.39 | SELL |
TRUE RANGE | 19.15 | Neutral |
ATR | 27.4 | Neutral |
WILLIAMS R | -85.42 | Oversold |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 6.32 | Oversold |
STOCHASTIC RSI D | 2.11 | Oversold |
MOMENTUM | -12.5 | SELL |
Duration | Value |
---|---|
1 Year | 10.75% |
3 Months | -1.63% |
1 Month | -1.08% |
1 Week | -1.66% |
Action | Overall (%) |
---|---|
BUY | 0% |
NEUTRAL / HOLD | 20% |
SELL | 80% |
Most popular Questions & Answers about AXISBANK
Axis Bank Ltd. stock last traded price is 1141.80. AXISBANK share price moved Up by 0.23% from its previous close of Rs 1139.15.
Axis Bank Ltd. share price trend is Up with a total of 16687300 stocks traded till now. It has touched an intraday high of Rs 1353.0465 and an intraday low of Rs 1127.55. The AXISBANK trading at 1141.80, Up by Rs. 2.65, or 0.23 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 1135.51.
The market cap of Axis Bank Ltd. is ₹237252 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Axis Bank Ltd. as of Nov 22, 2024 is 18.6.
The current price to book ratio for Axis Bank Ltd. as of Nov 22, 2024 is 2.35.
The highest price of Axis Bank Ltd. stock is ₹1339.65 in the last 52-week.
The lowest price of Axis Bank Ltd. stock is ₹995.7 in the last 52-week.
Axis Bank Ltd. share trading at ₹1141.80, Up by Rs. 2.65, or 0.23 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 ₹1043.9 on downside and ₹1238.4 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 ₹1238.4 on downside and ₹1434.2 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 ₹1434.2 on downside and ₹1534.6 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 ₹1657 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.
The price of Axis Bank Ltd. (AXISBANK) shares moved by 0.23%. The short-term trend for AXISBANK share price is Up. It implies that the share price of AXISBANK will stay the same tomorrow and that intraday traders should treat VWAP at 1135.51 as a stop loss. Investors with a long-term outlook can track AXISBANK long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of AXISBANK stock is 1013.4. Compared to the current market price of 1141.80 INR, the AXISBANK stock is Overvalued by 11.2%.
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 84.52. Axis Bank Ltd. book value per share as of today is 485.53. The current price to book ratio for AXISBANK as of Nov 23, 2024 is 2.35.
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 | 1742.10 | 86.2 | 572.55 |
ICICIBANK | 1278.00 | 62.06 | 337.92 |
KOTAKBANK | 1761.80 | 84.16 | 486.07 |
AXISBANK | 1141.80 | 84.52 | 485.53 |
INDUSINDBK | 998.65 | 104.26 | 806.11 |
BANDHANBNK | 170.14 | 17.31 | 133.87 |
AUBANK | 595.70 | 24.47 | 169.87 |
YESBANK | 19.21 | 0.55 | 13.31 |
IDFCFIRSTB | 64.15 | 3.17 | 44.28 |
FEDERALBNK | 209.37 | 16.22 | 118.61 |