NIFTY 22475.85 BANK 48923.55

Axis Bank Ltd.
Share Price Target & Analysis

NSE:AXISBANK

1144.78

VWAP

1150.90

Open

1149.85

Close

1163.25

High

1134.10

Low

1182.90

52 Week High

1141.50 ⇩
-8.35 (-0.73%)

AXISBANK

(FINANCIAL SERVICES)
87.4% Momentum

Trending & Favourite

854.05

52 Week Low

80.53

EPS

18.55

PE

2.81

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 1141.50, 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 May 04, 2024 is 2.81.

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 59.60% is very crucial parameter which shows that 59.60% investors are anticipating that the price of AXISBANK share should go up with VWAP at 1144.78.

Now, the main question is whether to BUY or SELL, NSE:AXISBANK at current valuation.
As per latest Analysis No. #2463:-

⇑ 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 (May 04, 2024)

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

Axis Bank Ltd. share price moved Down by -0.73% from its previous close of Rs 1149.85. AXISBANK stock last traded price is 1141.50. AXISBANK share price trend is Down with a total of 9993632 stocks traded till now. It has touched an intraday high of Rs 1163.25 and an intraday low of Rs 1134.10. The AXISBANK trading at 1141.50, Down by Rs. -8.35, or -0.73 percent which suggests that most of the Traders are anticipating that the price of AXISBANK share should go Down.

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 Down by -0.73%. AXISBANK share price short term trend is Down. It suggests that AXISBANK Share Price for Tomorrow remains the same with VWAP at 1144.78 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

 1141.50

AXISBANK Share Price Target Prediction for 2024 ^

 978.3 - 1188.8

AXISBANK Share Price Target Prediction for 2025*^

 1188.8 - 1266.4

AXISBANK Share Price Target Prediction for 2026*^

 1266.4 - 1355

AXISBANK Share Price Target Prediction for 2027*^

 1423

AXISBANK Share Price Target Prediction for 2028*^

 1463

AXISBANK Share Price Target Prediction for 2030*^

 1595
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: @1159.25

AXISBANK Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 1107.11 BUY 1116.93 BUY
MA_12 1076.44 BUY 1087.02 BUY
MA_20 1070.13 BUY 1079.09 BUY
MA_32 1068.69 BUY 1074.65 BUY
MA_50 1074.47 BUY 1073.71 BUY
MA_100 1081.53 BUY 1068.8 BUY
MA_200 1037.7 BUY 1032.26 BUY

AXISBANK Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 1135.89 OverBought
MACD 11.38 BUY
ADX 18.62 NO or Weak Trend
DMI (+/-) 39.48 / 19.98 Uptrend

AXISBANK Momentum Oscillators

BUY (9) NEUTRAL (3) SELL (0)
Momentum Oscillators Value Action
RSI 71.6 Overbought
STOCHASTIC_K (Fast) 96.82 Overbought
STOCHASTIC_D (Slow) 96.54 Overbought
CCI 178.03 BUY
PSAR 1004.18 BUY
TRUE RANGE 38.7 Neutral
ATR 25.74 Neutral
WILLIAMS R -2.82 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 100 Overbought
MOMENTUM 118.7 BUY

AXISBANK Last 1 Year Trend

Duration Value
1 Year 31.98%
3 Months 3.41%
1 Month 11.41%
1 Week 9.99%

AXISBANK Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 87%
NEUTRAL / HOLD 13%
SELL 0%

Most popular Questions & Answers about AXISBANK


Axis Bank Ltd. stock last traded price is 1141.50. AXISBANK share price moved Down by -0.73% from its previous close of Rs 1149.85.

Axis Bank Ltd. share price trend is Down with a total of 9993632 stocks traded till now. It has touched an intraday high of Rs 1194.729 and an intraday low of Rs 1134.10. The AXISBANK trading at 1141.50, Down by Rs. -8.35, or -0.73 percent which suggests that most of the Traders are anticipating that the price of AXISBANK share should go Down and the Stop Loss will be around 1144.78.

The market cap of Axis Bank Ltd. is ₹237252 (in Cr) as of May 03, 2024.

The current price to earning ratio for Axis Bank Ltd. as of May 03, 2024 is 18.55.

The current price to book ratio for Axis Bank Ltd. as of May 03, 2024 is 2.81.

The highest price of Axis Bank Ltd. stock is ₹1182.90 in the last 52-week.

The lowest price of Axis Bank Ltd. stock is ₹854.05 in the last 52-week.

Axis Bank Ltd. share trading at ₹1141.50, Down by Rs. -8.35, or -0.73 percent which suggests that most of the traders are anticipating that the price of AXISBANK share should go Down.

In 2023, Stock price target for Axis Bank Ltd. (AXISBANK) are ₹978.3 on downside and ₹1188.8 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 ₹1188.8 on downside and ₹1266.4 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 ₹1266.4 on downside and ₹1355 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 ₹1463 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 May 04, 2024 is 2.81.


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 1519.60 80 554.36
ICICIBANK 1140.50 58.2 280.27
KOTAKBANK 1546.70 66.12 417.62
AXISBANK 1141.50 80.53 406.25
INDUSINDBK 1483.70 114.99 697.38
BANDHANBNK 187.60 18.52 121.57
AUBANK 645.00 20.66 148.82
YESBANK 24.95 0.42 13.33
IDFCFIRSTB 80.90 4.18 39.63
FEDERALBNK 165.95 11.55 107.29
Updated at: 03 May 2024 15:59

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