Axis Share Price Target 2023, 2025, 2026, 2027, 2030, 2035, 2040, 2050
Axis Bank is a private sector bank in India that offers a range of financial products and services to its customers. The bank was founded in 1993 as UTI Bank and was later renamed as Axis Bank in 2007. Axis Bank offers a wide range of banking services including savings accounts, current accounts, fixed deposits, loans, credit cards, insurance, and investment services. The bank has a large network of branches and ATMs across India and also offers online banking and mobile banking services to its customers.
Table of Contents
Axis Bank Overview
Axis Bank offers a variety of financial services to its customers including:
- Retail Banking: Savings accounts, current accounts, fixed deposits, recurring deposits, and personal loans.
- Corporate Banking: Business loans, working capital finance, trade finance, and cash management services.
- NRI Banking: NRE and NRO savings accounts, fixed deposits, and remittance services.
- Credit Cards: Axis Bank offers a range of credit cards with various benefits and rewards.
- Wealth Management: Investment services such as mutual funds, insurance, and portfolio management services.
Business Model of Axis Bank
Axis Bank’s business model is that of a commercial bank, which earns revenue primarily by providing financial services to customers and charging fees and interest for these services. The bank’s core business model is centered around offering a range of financial products and services to individuals, businesses, and institutions.
Axis Bank earns revenue through various sources, including interest income from loans and advances, income from investments, fees and commissions from various financial services, and foreign exchange trading income.
The bank’s retail banking division offers services such as savings accounts, current accounts, fixed deposits, loans, and credit cards. Its corporate banking division provides services such as working capital finance, trade finance, cash management, and corporate loans to businesses.
In addition to its core banking services, Axis Bank also offers wealth management services such as mutual funds, insurance, and portfolio management services. The bank earns revenue through fees and commissions charged for these services.
Axis Bank Share Price
Axis Bank’s shares are publicly traded on the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE). The shares are listed under the ticker symbol “AXISBANK” on both exchanges.
As of March 10, 2023, Axis Bank has a market capitalization of over Rs. 2.1 lakh crore, and the stock is trading at around Rs. 900 per share on both exchanges.
The bank has a diverse investor base, including individual investors, institutional investors, and foreign investors. Investors can buy and sell Axis Bank shares through their brokers on the NSE or BSE.
| Company Name | Axis Bank |
| Share Name | AXISBANK |
| Founded in | 1993 |
| Headquarters | Mumbai |
| CEO | Amitabh Chaudhary |
| Revenue | ₹483 Billion (FY 2022) |
| Market Capitalization | INR 2,61,218 Crore |
| Primary Exchange | NSE, BSE |
| Official Website | Click Here |
Shareholding of Axis Bank
The shareholding pattern of Axis Bank is as follows:
- Promoter and Promoter Group – 17.87% This includes Axis Bank Limited, UTI Trustee Company Private Limited, and Axis Capital Limited, among others.
- Foreign Institutional Investors (FIIs) – 45.56% This includes various foreign investment funds, asset management companies, and pension funds.
- Domestic Institutional Investors (DIIs) – 16.06% This includes various Indian mutual funds, insurance companies, and banks.
- Public and Others – 20.51% This includes individual shareholders, non-institutional investors, and other entities.
Annual Result of Axis Bank- Click Here
Annual Result Summary of Axis Bank
Axis Bank’s annual financial results for the fiscal year ended March 31, 2021:
- Net Interest Income: The bank’s net interest income (NII) for the fiscal year 2020-21 was Rs. 28,080 crores, a growth of 14% over the previous fiscal year.
- Net Profit: The bank reported a net profit of Rs. 4,677 crores for the fiscal year 2020-21, a decline of 36% compared to the previous fiscal year. The decline was mainly due to higher provisions made by the bank to cover potential losses from the COVID-19 pandemic.
- Total Assets: The bank’s total assets stood at Rs. 9,42,368 crores as of March 31, 2021, a growth of 12% over the previous fiscal year.
- Deposits: The bank’s total deposits grew by 12% to Rs. 7,91,898 crores as of March 31, 2021.
- Advances: The bank’s total advances grew by 12% to Rs. 6,47,273 crores as of March 31, 2021.
- Gross Non-Performing Assets (GNPAs): The bank’s gross non-performing assets (GNPAs) as a percentage of total advances stood at 3.70% as of March 31, 2021, compared to 4.86% as of March 31, 2020.
- Capital Adequacy Ratio: The bank’s capital adequacy ratio (CAR) as per Basel III guidelines stood at 18.56% as of March 31, 2021, well above the minimum regulatory requirement of 11.5%.
Overall, Axis Bank’s financial performance in the fiscal year 2020-21 was impacted by the COVID-19 pandemic, but the bank’s strong balance sheet and capital position enabled it to navigate the challenging economic environment.
Axis Bank Share Price Target 2023, 2024, 2025, 2026, 2027, 2030, 2040, 2050
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2023 | ₹1050 | ₹1100 |
| 2024 | ₹1125 | ₹1180 |
| 2025 | ₹1200 | ₹1315 |
| 2026 | ₹1350 | ₹1460 |
| 2027 | ₹1490 | ₹1600 |
| 2030 | ₹2200 | ₹2350 |
| 2040 | ₹4800 | ₹5100 |
| 2050 | ₹12000 | ₹12900 |
Note:- “That these share price targets for “Axis Bank Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”
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Axis Bank subsidiaries and joint ventures
Axis Bank has several subsidiaries and joint ventures that operate in various areas of financial services. Here are some of its major subsidiaries and joint ventures:
- Axis Capital Limited – a subsidiary that provides investment banking, institutional equities, and wealth management services.
- Axis Mutual Fund Trustee Limited – a subsidiary that provides various mutual fund schemes to retail and institutional investors.
- Axis Trustee Services Limited – a subsidiary that provides trustee and custodial services for debt and equity markets.
- Axis Finance Limited – a subsidiary that provides various lending products and services to individuals and small and medium enterprises (SMEs).
- Axis Securities Limited – a subsidiary that provides brokerage and other financial services related to equity, derivatives, and currency trading.
- FreeCharge – a subsidiary that provides mobile payments and digital wallet services to customers.
- Max Life Insurance Company Limited – a joint venture between Axis Bank and Max Financial Services Limited that provides life insurance products to customers.
- Axis Asset Management Company Limited – a joint venture between Axis Bank and Schroder Investment Management (Singapore) Ltd. that manages various mutual fund schemes.
Axis Bank Share Price Target 2023
In January 2022, Axis Bank reported strong financial results for the quarter ended December 31, 2021. The bank’s net profit increased by 36% YoY to Rs. 2,666 crore, driven by higher interest income and fee income. In February 2022, Axis Bank announced that it had acquired a 12.99% stake in Max Life Insurance for Rs. 1,592 crore, making it the largest shareholder in the insurance company. Axis Bank share price target 2023 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2023 | ₹1050 | ₹1100 |
Axis Bank Share Price Target 2024
The overall banking sector in India has been performing well in recent months, with positive investor sentiment and an improving economic outlook. This has also contributed to a rise in Axis Bank’s stock price. Several brokerage firms have upgraded their rating on Axis Bank’s stock in recent months, citing the bank’s strong financial performance, improving asset quality, and growth prospects. Axis Bank share price target 2024 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹1125 | ₹1180 |
Axis Bank Share Price Target 2025
In January 2022, Axis Bank reported its financial results for the quarter ended December 31, 2021. The bank’s net profit increased by 36% YoY to Rs. 2,666 crore, driven by higher interest income and fee income. In February 2022, Axis Bank announced that it had acquired a 12.99% stake in Max Life Insurance for Rs. 1,592 crore, making it the largest shareholder in the insurance company. Axis Bank share price target 2025 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2025 | ₹1200 | ₹1315 |
Axis Bank Share Price Target 2026
In March 2022, Axis Bank announced that it had received approval from the Reserve Bank of India (RBI) to acquire 100% stake in Capital First Limited, a non-banking financial company. The acquisition is expected to strengthen Axis Bank’s position in the retail lending market. Axis Bank share price target 2026 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2026 | ₹1350 | ₹1460 |
Axis Bank Share Price Target 2027
The stock has also performed well in recent months, with the bank posting strong financial results and positive investor sentiment around the overall banking sector. Axis Bank share price target 2027 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2027 | ₹1490 | ₹1600 |
Axis Bank Share Price Target 2030
Axis Bank’s digital banking offerings have also been a key focus area in recent years, with the bank investing in technology and digital platforms to offer customers a seamless and convenient banking experience. The bank earns revenue through various digital banking services such as online banking, mobile banking, and payments and transfers.
Overall, Axis Bank’s business model is centered around providing a range of financial services to its customers and earning revenue through fees, commissions, and interest income. The bank’s focus on digital banking has also helped it to expand its reach and offer more convenient services to customers. Axis Bank share price target 2030 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2030 | ₹2200 | ₹2350 |
Future of Axis Bank Share
Axis Bank is one of the leading private sector banks in India, and it has a strong presence in the retail and corporate banking segments. Here are some potential factors that could impact the future of Axis Bank:
- Digital Transformation: Axis Bank has been investing heavily in digital transformation, and this is likely to continue in the future. The bank’s focus on digital initiatives could help it enhance customer experience, reduce costs, and drive growth.
- Strategic Partnerships: Axis Bank has been forging strategic partnerships with fintech companies, startups, and other companies in various industries. These partnerships could help the bank expand its product offerings, reach new customer segments, and accelerate its digital transformation.
- Regulatory Environment: The Indian banking industry is heavily regulated, and any changes to the regulatory environment could impact the future of Axis Bank. For example, changes to capital requirements, lending norms, or restrictions on foreign investments could affect the bank’s operations and profitability.
- Economic Environment: The Indian economy is expected to recover from the COVID-19 pandemic in the coming years, and this could provide opportunities for Axis Bank to grow its lending and investment businesses. However, economic risks such as inflation, currency fluctuations, and geopolitical tensions could also impact the bank’s performance.
Overall, Axis Bank has a strong brand, a diversified business model, and a solid balance sheet, which could position it well for future growth. However, the bank will need to navigate the challenges of the economic and regulatory environment while continuing to invest in digital transformation and strategic partnerships.
Risk of Axis Bank Share
Axis Bank faces several risks that could impact its financial performance and stability. Here are some of the key risks that Axis Bank faces:
- Credit Risk: The risk that borrowers may default on loans or credit facilities is a significant risk for banks, including Axis Bank. The bank’s lending portfolio is diversified across various sectors and geographies, but a downturn in the economy or a particular industry could increase the risk of loan defaults.
- Market Risk: Axis Bank is exposed to market risks, such as fluctuations in interest rates, exchange rates, and commodity prices. Changes in these variables could impact the bank’s net interest margin, trading income, and investment portfolio.
- Liquidity Risk: Axis Bank needs to maintain sufficient liquidity to meet its obligations to depositors, lenders, and other stakeholders. The bank’s liquidity risk arises from factors such as deposit outflows, loan demand, and the availability of funding sources.
- Operational Risk: The risk of losses arising from inadequate or failed internal processes, people, and systems is a significant risk for any bank. Operational risk for Axis Bank could arise from issues such as fraud, cyber attacks, or system failures.
- Regulatory and Compliance Risk: Axis Bank operates in a highly regulated environment, and non-compliance with regulatory requirements could result in penalties or reputational damage. The bank must also stay abreast of changes in regulatory requirements and comply with anti-money laundering and anti-terrorism financing rules.
FAQs-
As on March 2023, P/E ration of Axis Bank Share is 12.75.
Dividend Yield of Axis Bank Stock is 0.12%.
In FY March 2022, Axis Bank gives equity dividend of 50% amount to Rs.1 Per Share.
Axis bank price forecast in year 2030 is approx Rs.2200 to Rs.2350/-, before investing stay updated on the latest news and events related to the company and the industry.
Target of Axis Bank Share in 2023 is Rs. 1100/-
