Axis Bank Limited (AXISBANK)

Price1,018.25 3.80 (0.37%)52 Week High1,047.50
ISININE238A0103452 Week Low707.70
IndustryRegional BanksVolume7.1 M
SectorFinanceP/E Ratio TTM25.27
Market Cap3.1 T1 Year Beta0.90
Technical Rating of

Axis Bank Limited (AXISBANK) logo

Axis Bank Limited (AXISBANK) is a private sector bank in India. It is the third largest private sector bank in India by assets and market capitalization. The bank was founded in 1994 and is headquartered in Mumbai, Maharashtra.

Axis Bank offers a wide range of banking products and services, including savings accounts, current accounts, loans, investment products, and insurance products. The bank also has a strong digital banking presence, with its mobile app and internet banking platform being used by millions of customers.

Axis Bank has a large branch network in India, with over 4,900 branches and 16,000 ATMs. The bank also has a presence in select international markets, including the United States, the United Kingdom, and Singapore.

Axis Bank is a well-managed bank with a strong financial performance. The bank has been profitable for the past 10 years and has been growing at a CAGR of 15%. In 2023, the bank’s revenue was ₹1.5 trillion and its net profit was ₹25,000 crores.

Axis Bank is a well-known and respected brand in India. The bank is ranked among the top 500 banks in the world by The Banker magazine. Axis Bank is also a constituent of the Nifty 50 index, which is a benchmark index of the Indian stock market.

Here are some of the key achievements of Axis Bank:

  • Listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE)
  • Awarded the “Best Bank in India” by The Banker magazine
  • Received the “Best Bank for Corporate Banking” award from the Asian Banker
  • Exported its products to over 50 countries

Axis Bank is a well-established bank with a strong track record of success. The bank is well-positioned to continue to grow in the years to come.

          

Axis Bank Limited (AXISBANK) Chart

Technical Analysis of Axis Bank Limited (AXISBANK)

Moving Averages

PeriodSimpleExponential
MA 51,022.381,018.36
MA 101,012.881,011.89
MA 20996.89999.09
MA 30981.25990.36
MA 50972.29978.47
MA 100956.88955.67
MA 200921.47917.59

Moving Average Rating

Technical Indicators

NameValueNameValue
Aroon Up (14)85.71Aroon Down (14)21.43
MACD Level (12, 26)15.56MACD Signal (12, 26)13.39
Relative Strength Index (7)62.25Relative Strength Index (14)62.86
Stochastic %D (14 3 3)76.83Stochastic %K (14 3 3)67.91
Stochastic RSI Fast (3, 3, 14, 14)73.54Stochastic RSI Slow (3, 3, 14, 14)84.25
Bollinger Upper Band (20)1,035.99Bollinger Lower Band (20)957.79
Keltner Channels Upper Band (20)1,036.41Keltner Channels Lower Band (20)961.78
Donchian Channels Upper Band (20)1,047.50Donchian Channels Lower Band (20)961.80
Ichimoku Conversion Line (9, 26, 52, 26)1,013.25Ichimoku Base Line (9, 26, 52, 26)989.27
Ichimoku Leading Span A (9, 26, 52, 26)951.49Ichimoku Leading Span B (9, 26, 52, 26)958.58
Positive Directional Indicator (14)26.18Negative Directional Indicator (14)10.04
Volume Weighted Average Price1,017.83Volume Weighted Moving Average 20994.87

Oscillator Rating

Oscillators

Awesome Oscillator46.67
Ultimate Oscillator (7,14,28)55.02
Money Flow (14)67.71
Chaikin Money Flow (20)-0.02
Commodity Channel Index (20)82.32
Bull Bear Power20.00

High / Low

1 Month1,047.50961.80
3 Month1,047.50927.15
6 Month1,047.50826.05
52 Week1,047.50707.70
All Time1,047.5055.65

Volume

Volume7.1 M
Average 10 D8.7 M
Average 30 D9.7 M
Average 60 D9.7 M
Average 90 D10.1 M

Change/Volatility

Change3.80 (0.37%)
Change 1W-8.90 (-0.87%)
Change 1M44.75 (4.60%)
Volatility1.91
Volatility W2.09

Performance

Yesterday9.22
Weekly-0.27
Monthly5.85
3 Month6.07
6 Month20.32
Yearly26.49
5 Year69.82
All Time1,053.56

Misc.

Average Day Range (14)18.10
Average Directional Index (14)27.57
Average True Range (14)18.14
Williams Percent Range (14)-34.13
Rate Of Change (9)3.87
Hull Moving Average (9)1,023.77
Momentum (10)40.05
Parabolic SAR997.86

PIVOT POINTS of Axis Bank Limited (AXISBANK)

NameS3S2S1Pivot PointsR1R2R3
Classic824.52895.37934.43966.221,005.281,037.071,107.92
Fibonacci895.37922.43939.15966.22993.281,010.001,037.07
Camarilla954.02960.51967.01966.22979.99986.49992.98
Woodie's867.98897.56938.83968.411,009.671,039.261,080.52
DeMark's - - 950.33974.161,021.17 - -

Financial Analysis of Axis Bank Limited (AXISBANK)

Income Statement

Basic EPS (FY)35.20
Basic EPS (TTM)40.75
EPS Diluted (Annual YoY Growth)-23.68
EPS Diluted (FY)35.04
EPS Diluted (MRQ)18.82
EPS Diluted (Quarterly YoY Growth)38.44
EPS Diluted (TTM)40.29
EPS Diluted (TTM YoY Growth)-23.21
EPS Forecast (MRQ)17.70
Free Cash Flow (Annual YoY Growth)15.99
Free Cash Flow Margin (FY)38.11
Last Year Revenue (FY)1.1 T
Revenue (Annual YoY Growth)23.65
Revenue per Employee (FY)11.6 M
Revenue (Quarterly QoQ Growth)5.87
Revenue (Quarterly YoY Growth)40.59
Revenue (TTM YoY Growth)29.99
Net Income (Annual YoY Growth)-23.38
Net Income (FY)108.2 B
Net Income (Quarterly YoY Growth)39.05
Net Income (TTM YoY Growth)-22.39
Total Revenue (FY)1.1 T

Valuation

Enterprise Value (MRQ)4.1 T
Number of Employees91,898.00
Number of Shareholders877 T
Shares Float3 B
Price to Book (FY)2.41
Price to Book (MRQ)2.30
Price to Earnings Ratio (TTM)25.27
Price to Revenue Ratio (TTM)2.73
Price to Sales (FY)2.96
Total Shares Outstanding3.1 B
Goodwill2.9 B

Balance Sheet

Debt to Equity Ratio (MRQ)1.42
Net Debt (MRQ)1.1 T
Total Assets (Annual YoY Growth)12.45
Total Assets (MRQ)13.3 T
Total Assets (Quarterly QoQ Growth)-1.01
Total Assets (Quarterly YoY Growth)13.32
Total Current Assets (MRQ)851.6 B
Total Debt (Annual YoY Growth)9.43
Total Debt (MRQ)1.9 T
Total Debt (Quarterly QoQ Growth)-21.76
Total Debt (Quarterly YoY Growth)3.68
Total Liabilities (FY)12.1 T
Total Liabilities (MRQ)11.9 T

Operating Metrics

Return on Assets (TTM)1.00
Return on Equity (TTM)9.67
Return on Invested Capital (TTM)3.92

Dividends

Dividend Yield Forward0.10
Dividends Paid (FY)-3,071,400,000.00
Dividends per Share (FY)1.00

Margins

Net Margin (FY)10.19
Net Margin (TTM)10.86
Operating Margin (FY)16.99
Operating Margin (TTM)28.97
Pretax Margin (TTM)18.14

Axis Bank Limited (AXISBANK) FUTURES

ExpiryOpenHighLowCloseSettleContractsValueOIOI Change
28-Sep-231,014.501,027.751,010.551,018.251,018.2515.1 T96.5 T35.9 M-1,186,875
26-Oct-231,021.551,034.201,017.701,024.951,024.955.1 T33 T3.7 M1.3 M
30-Nov-231,033.001,040.101,030.851,031.901,031.9076492109.4 T6.3 T

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