One of the top private sector banks in India, Axis Bank provides a vast array of financial products and services to clients all throughout the nation. With an emphasis on innovation and client-centered solutions, the bank has a significant presence in both retail and corporate banking.
Axis Bank has consistently increased its profitability, clientele, and market share throughout the years. The bank’s solid foundation and emphasis on long-term growth have allowed it to weather economic downturns and come out stronger.
In this post, we’ll examine Axis Bank’s current performance and forecast what its share price should be between 2023 and 2030.
CLICK HERE TO KNOW:
AXIS BANK IN RECENT NEWS
- Shriram Housing Finance and Axis Bank have entered into a partnership for co-lending
AXIS BANK SHARE PRICE TARGET 2023
|AXIS BANK SHARE PRICE TARGET 2023||Maximum Price||Minimum Price|
According to projections, April 2023 will see a relatively stable period for Axis Bank’s share price, with a maximum share price of ₹864.40 and a minimum share price of ₹664.92. However, May 2023 is expected to see a significant dip in the share price, with a maximum share price of ₹720.33 and a minimum share price of ₹554.10. June 2023 is projected to return to stability with the same maximum and minimum share prices as April. July 2023 is anticipated to see a sharp increase in the share price, with a maximum share price of ₹1,037.28 and a minimum share price of ₹797.91. This upward trend is expected to continue into August, with a projected maximum share price of ₹1,141.01 and a minimum share price of ₹877.70. September 2023 is predicted to be a relatively stable period, with a potential slight increase compared to August, while October 2023 is expected to see continued stability with the same maximum and minimum share prices as August. November 2023 is anticipated to see another sharp increase in the share price, with a maximum share price of ₹1,255.11 and a minimum share price of ₹965.47. December 2023 is projected to see a significant increase in the share price compared to previous months, with a maximum share price of ₹1,405.72 and a minimum share price of ₹1,081.32, potentially due to positive year-end financial results or other factors.
AXIS BANK SHARE PRICE TARGET 2024
|AXIS BANK SHARE PRICE TARGET 2024||Maximum Price||Minimum Price|
The year is expected to start on a positive note, with a maximum share price of ₹1,479.71 in January and a minimum share price of ₹1,037.03. February and March are also projected to have relatively high share prices, with the maximum reaching ₹1,662.59 and ₹1,750.10, respectively. However, April and May are expected to see a significant dip in share prices compared to the previous months, with the minimum share price dropping to ₹1,223.84 in April and ₹1,019.87 in May. June is projected to return to stability, with the same maximum and minimum share prices as April. July and August are expected to see moderate increases in share prices, with a maximum of ₹1,352.35 and ₹1,487.58, respectively. September is projected to have a slightly higher maximum share price of ₹1,561.96, while October is expected to have the highest maximum share price of ₹1,837.60 for the year. November and December are also projected to see high share prices, with a maximum of ₹1,929.48 and ₹1,968.07, respectively.
AXIS BANK SHARE PRICE TARGET 2025
|AXIS BANK SHARE PRICE TARGET 2025||Maximum Price||Minimum Price|
In January 2025, the maximum share price is projected to be ₹2,007.43, while the minimum share price is expected to be ₹1,544.18. February 2025 is expected to see a slight increase in both the maximum and minimum share prices, with projected values of ₹2,113.09 and ₹1,625.45, respectively. March 2025 is expected to see further increases in both the maximum and minimum share prices, with projected values of ₹2,218.74 and ₹1,706.72, respectively. The share price is projected to dip slightly in April 2025, with a projected maximum of ₹1,981.02 and a projected minimum of ₹1,523.86. May 2025 is expected to see a similar trend, with a projected maximum of ₹1,800.93 and a projected minimum of ₹1,385.33. The share price is expected to rise again in June 2025, with projected maximum and minimum values of ₹1,981.02 and ₹1,523.86, respectively. The rest of 2025 is projected to see continued increases in the maximum and minimum share prices, with the highest projected values of ₹2,387.30 and ₹2,340.49, respectively, in December 2025.
AXIS BANK SHARE PRICE TARGET 2026 TO 2030
|AXIS BANK SHARE PRICE TARGET BY||Maximum Price||Minimum Price|
Based on the available data, the Axis Bank share price target for the years 2026 to 2030 shows some fluctuation. In 2026, the maximum share price target is expected to be around ₹1,671.11, while the minimum price target is likely to be ₹1,169.78. Moving forward, in 2027, the maximum and minimum price targets are projected to be ₹1,420.44 and ₹994.31, respectively. In 2028, the share price target is expected to rise significantly, with a maximum target of ₹2,556.80 and a minimum target of ₹1,789.76. In 2029, the share price target is expected to continue rising, with a maximum target of ₹5,252.06 and a minimum target of ₹3,676.45. Finally, in 2030, the share price target is projected to reach a maximum of ₹5,848.89 and a minimum of ₹4,094.22.
FINANCIAL STRENGTH OF AXIS BANK (2018 TO 2022)
|ANNUAL||FY 2022||FY 2021||FY 2020||FY 2019||FY 2018|
|Total Income Growth (%)||6.51||0.99||13.99||20.10||1.53|
|Provisions & Contingencies||12,202.95||19,494.23||22,117.22||14,581.65||15,620.59|
|Provisions & Contingencies Growth (%)||-37.40||-11.86||51.68||-6.65||10.67|
|Profit after Tax (PAT)||14,119.29||7,195.50||1,853.11||5,038.59||455.82|
|PAT Growth (%)||95.31||286.02||-62.78||987.68||-88.30|
|Net Interest Margin (%)||2.83||2.94||2.77||2.72||2.70|
|Net Profit Margin (%)||20.50||11.12||2.90||8.99||0.97|
|Basic EPS (₹)||46.04||24.19||6.83||19.61||1.86|