Axis bank Share Price Target 2022, 2023 2025, 2030 : Whether it is a matter of stock market or not of banks, can this ever happen? If we talk about big banks, then the name of Axis Bank is sure to come.
Contents
Axis Bank Introduction:
The bank was established on 3 December 1993 as UTI Bank, opened its registered office in Ahmedabad and a corporate office in Mumbai. Axis Bank was formerly known as UTI Bank in 2007 and is India’s third largest private sector bank that provides financial services for personal and corporate banking.
Current Price = ₹ 919.55
52 WEEK HIGH = ₹958.90
52 WEEK LOW = ₹618.25
Axis bank has given dividend of ₹20, ₹4.60, ₹5, ₹5 and ₹1 in 2014, 2015, 2016, 2017 and 2019.
Axis Bank Company financial track record data :
All data is in crores.
| Year | Profit/Loss | Total Asset |
|---|---|---|
| 2018 | 691329.58 Cr | 275.68 Cr |
| 2019 | 800996.53 Cr | 4676.61 Cr |
| 2020 | 915164.82 Cr | 1627.22 Cr |
| 2021 | 986797.63Cr | 6588.50 Cr |
| 2022 | 1175178.11 Cr | 13025.48 Cr |
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Axis Bank Company Essentials Data :
Axis Bank Peer Comparison :
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Promoter = 9.69%
FII = 46.11%
DII = 32.25%
Public = 11.94%
Other = 0%
Axis Bank Chart :
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The fundamental technical analysis, market cap and all data of the company is very good, due to which we discuss about Axis Bank Share Price Target 2022, 2023, 2025, 2030 price.
Axis Bank has recently announced, Axis Bank is going to acquire India’s consumer business of Citibank, Axis Bank’s business is very fast after acquiring the bank’s consumer loan credit card wealth management retail banking under the deal. With Citibank already having a large and strong customer base in each of its business segments, post acquisition all these segments of Axis Bank are expected to reap handsome benefits in the days to come. Analysts believe that the speed with which Axis Bank’s business is going to grow after acquiring a strong bank like Citibank, will give a big competition to top banking companies in the coming days. With the good growth in the business after the acquisition, Axis Bank Share Price Target 2023 with a huge jump, the first target is expected to show you Rs 1180. After this target, you will soon see another target showing Rs.1248.
Axis Bank seems to be working in tandem to increase its branch network all over India, now the bank’s branch network is spread across the country around 4600, and after the acquisition of Citibank, its quantity has increased even more. are going to increase. Although most of the branch network of the bank is spread over the southern region of India, but the management is trying its best to expand its branch network to every region of India in the coming years. Axis Bank is currently looking at rapidly expanding its branch network in the semi-urban and rural areas to target a large customer base. In the coming times, if Axis Bank is able to attract this large customer base in rural areas on the basis of good banking facilities, then you will definitely see a big boom in the business in the coming times. Bank’s network is strong everywhere. Along with this, Axis Bank share price target till 2025 in the business as well, you can see the first target showing Rs 1250 with an increase accordingly. And then you can think of holding another target for Rs.1340.
The increasing NPA of any bank can have a huge impact on the growth of the business. Axis Bank has focused on controlling its NPAs for a long time, for which the bank is continuously dividing its loan book into different sectors, Axis Bank loans above the limit on any one sector. Due to which they have been very successful in keeping their NPA under control. In the coming times also, Axis Bank seems to be showing more and more focus on low risk retail loans to control its NPAs, in the coming times also if the bank is successful in keeping its NPAs under control then the business is likely to grow. The speed is going to be seen to be very fast.
Looking at the long-term business growth opportunities of the bank, Axis Bank Share Price Target 2030 shows full possibility of showing the share price around Rs 2600 along with giving good earnings to the shareholders.
Should we invest or not:
Talk about fundamentals and technical and fundamentals of Axis Bank are looking very good, Axis Bank has given good returns to its shareholders, if you guys can give very good returns for long term.
The biggest risk factor in the banking sector, the increase in NPA is the most dangerous for any bank sector. But that much NPA is not seen in Axis bank. If the management later gives more loans to the companies, the chances of defaulting on the payment are high. This can have a very bad effect on the bank’s result. That’s why you must do your research before investing. How does the bank split its loan?
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Expert opinion:
Along with being the third largest Axis Bank of India, it is also trusted by the people. Due to which there is very less possibility of mess in it. You will get very good returns by investing in HDFC Bank. But consult your financial advisor before investing. Do self analysis once.
Conclusion :
After reading the article, you must have got an idea of how the company can show in future with business details. If you still have any question in your mind, then you must ask in the comment. I regularly share information related to the stock market with your readers.
Disclaimer: In this post we have just evaluated the company. We have not recommended any investment on this stock. Consult a financial advisor before making any investment.