Axis Bank is one of the fastest growing private sector banks in India, which was established in 1993 with its headquarters in India. As of 2024, the bank has a staff strength of 90,000 employees, and it provides a wide array of banking and financial services such as retail banking, corporate banking, investment banking and others.
Axis Bank has been one of the most progressive banks in India due to its unique products, services and a large number of branches in India. For further details, visit their official website at .
Current Market Overview
- Open: ₹1177ÌýÌý
- High: ₹1182.95ÌýÌý
- Low: ₹1171.85ÌýÌý
- Market Cap: ₹3.65L CrÌýÌý
- P/E Ratio: 13.70ÌýÌý
- Dividend Yield: 0.085%ÌýÌý
- 52-Week High: ₹1339.65ÌýÌý
- 52-Week Low: ₹951.40Ìý
- Current Price: ₹1179.00ÌýÌý
Axis Share Price Recent Graph
Axis Share Price Target Tomorrow From 2024 to 2030ÌýÌý
Below mentioned are some estimated share prices of Axis Bank Ltd. for the upcoming years based on market valuation, industry trends, and expert predictions.
S.No. | Axis Bank Share Price Target Years | SHARE PRICE TARGET |
1. | 2024 | ₹1390 |
2. | 2025 | ₹1485 |
3. | 2026 | ₹1585 |
4. | 2027 | ₹1693Ìý |
5. | 2028 | ₹1809 |
6. | 2029 | ₹1965 |
7. | 2030 | ₹2089Ìý |
Shareholding Pattern For Axis Bank Share PriceÌýÌý
- Foreign Institutions: 53.43%
- Mutual Funds: 23.98%
- Promoters: 8.31%ÌýÌýÂ
- Other Domestic Institutions: 7.65%
- Retail and Others: 6.64%
Annual Income Statement of Axis Bank 2024
The chat given below shows the comparison between the revenue generated and net incomes of Axis Bank Limited for 5 years.
Details regarding the income statement for the year 2024 are given below.
Particulars | Info 2024 | Y/Y Change |
Revenue | 184.33B | 9.32% (+) |
Operating Expenses | 97.90B | 12.91%(+) |
Net Income | 64.36B | 5.67%(+) |
Net Profit Margin | 34.92 | -3.32% |
Earning Per Share | 19.40 | 3.47%(+) |
EBITDA | N/A | N/A |
Effective Tax Rate | 25.33% | N/A |
Risks and Challenges For Axis Bank Share PriceÌýÌý
Market Competition
Axis Bank has to deal with the competition from other private as well as public sector banks. The threat of new entrants in the form of fintech companies extending their services of digital financial solutions may also pose a threat to the bank.Â
Economic Dependence
The performance of the bank is closely associated with the general economic conditions. Fluctuations in the economic environment, such as changes in interest rates, changes in the regulatory environment, or economic downturns, could impact the growth of loans, the quality of the assets, profitability and hence its share price.Â
Regulatory Compliance
The banking sector is a governed industry, and any change in the rules and regulations like capital adequacy norms, loan provisioning norms etc, could be a challenge for share price.Â
Credit Risk
Credit risk is one of the risks that Axis Bank faces as a bank; this is because some of its customers may fail to pay back the loans that they had been offered. An increase in NPAs is likely to have a bearing on both profitability and share price.Â