With a long history of listing on the stock exchange, Axis Bank Limited was also seeing success there. However, analysts had forecasted growth for the company going forward, which included gains in stock market value as well as improvements in sales and earnings. The company may see significant long-term profits, which will benefit shareholders who are interested in making long-term investments.
The value of Axis Bank's shares has dropped by 0.67 percent from the previous closing price.
The price of Axis Bank shares has increased by 1.11 percent in the previous five days and by 0.83 percent in the last year.
By the end of 2023, the banking firm will have over 3 billion outstanding shares.
The current range of prices for the banking company on the stock exchange is 1101.65 to 111.90. The price of shares on the stock exchange as of right now is 1097.10 INR.
Axis Bank Ltd. is a successful company because its earnings grew by 4% in the last quarter compared to the previous one.
More than ten analysts gave the company's shares a solid buy rating, forecasting potential share price increases and long-term profits for shareholders.
Based on the share price projections, a broad notion of the share price is being constructed.
To Know more:-
AXIS Bank Share Price prediction
AXIS Bank Share Price prediction 2025
AXIS Bank Share Price prediction 2030
The projected value of shares is high compared to the present share price; the Axis Bank share price projection for 2025 is 1242.78 INR.
The Axis Bank share price estimate for 2030 is now valued at 1895.40 INR, but this could alter in the future.
These projections are based on the company's performance, and share price objectives are set accordingly.
The 2024 target price of Axis Bank shares is 1146.42 INR, while the 2025 target price is 1273.17 INR.
Axis Bank's target share price is 1439.86 INR in 2026 and 1553.33 INR in 2027.
The share price targets set forward by Axis Bank are 1666.51 INR in 2028, 1780.68 INR in 2029, and 1895.40 INR in 2030.
According to the sources, the share price of Axis Bank is presently 2.62 times the book worth of the banking organization.
The Axis Bank share price peaked at 1151.50 INR over the previous year.
Months Target PricesJanuary1076.71February1091.75March1076.6April1069.14May1086.41June1151.72July1151.79August1151.89September1257.75October1257.73November1257.69December1257.69
Axis Bank Share Price Target 2025Months Target PricesJanuary1336.15February1351.27March1336.03April1328.57May1328.62June1328.72July1328.77August1328.81September1328.91October1328.91November1328.78December1328.89
Axis Bank Share Price Target 2026Months Target PricesJanuary1433.91February1449.06March1433.92April1426.44May1426.41June1426.34July1426.44August1426.51September1426.5October1426.5November1426.42December1426.42
Months Target PricesJanuary1536.79February1551.96March1536.73April1529.13May1529.09June1529.17July1529.05August1529.19September1529.18October1529.13November1529.13December1529.38
Axis Bank Share Price Target 2028Months Target PricesJanuary1644.78February1659.89March1644.86April1637.31May1637.4June1637.33July1637.25August1637.31September1637.36October1637.41November1637.39December1637.31
Axis Bank Share Price Target 2029Months Target PricesJanuary1757.99February1773.02March1757.99April1750.4May1750.38June1750.26July1750.31August1750.25September1750.17October1750.16November1750.2December1750.23
Months Target PricesJanuary1876.74February1891.98March1876.86April1869.38May1869.32June1869.19July1869.07August1869.12September1869.13October1869.04November1868.25December1868.77
Axis Bank ltd Financials:-Market Capitalization Value343080 croresTotal revenue1.06 lakh croresTotal Share Capital615.37 croresTotal Deposits946945.21 croresTotal Borrowings186300.4 croresTotal Investments288814.28 croresTotal Assets1317325.38 croresTotal Contingent liabilities1441246.28 croresCapital Adequacy ratio17.64 percentEPS31.7 croresBook Value407.61 croresROCE1.57 percentROE7.63 percentReturn on Assets0.72 percentEarnings yield ratio0.04 percent
Axis Bank Shareholding pattern:-Shareholders Share PercentagePromoters7.95 percentFII6.05 percentMutual Funds21.08 percentPublic5.76 percentForeign institutions55.83 percentIndian body corporate3.34 percent
Axis Bank ltd Competitors:-
Analyze the profit and loss statement, financial ratios, and various expense statements.
Share values can vary on stock exchanges in as little as an hour or a minute, so it's important to always keep an eye on them.
Since the stocks change with every fiscal year, consider the tax implications of the holdings and note the tax implication ratio for any future gains.
Don't take out loans to make investments; instead, invest a reasonable amount in equities based on your necessities.
Examine all of the fund categories, types, availability, and returns offered by the company if you're thinking about making a long-term investment. They could be useful in the future.
Axis Bank is a company whose shares are in high demand because of its long history of listing on stock markets and involvement with the financial industry. The company's previous record indicates that there is room for growth in the company's earnings, revenues, and financial position going forward. This also applies to the stock price. Many analysts have predicted that the probability of the company growing as well as the share prices will increase over time.Although share prices have not increased much over the last year, they are currently growing. Recently, there has been a tiny decline in share value; nevertheless, this change is so small that it will quickly be hidden.
Since Axis Bank Ltd.'s performance on stock markets is the basis for the information in this article regarding its share prices, any quantities, share prices, percentage increases or losses, or other numbers that have been discussed are subject to change in the future. According to this article, Indiapropertydekho does not promote stock purchases in Axis Bank Ltd. If you are thinking about investing, go to a financial counselor before making a decision rather than depending just on this article.If you use this information to make an investment in Axis Bank Ltd. stock, Indiapropertydekho will not be responsible for any potential profit or loss.