PRICE TARGET

AXIS BANK SHARE PRICE TARGET 2023 TO 2030: CAN AXIS BANK REACH 2000 INR?

AXIS BANK SHARE PRICE TARGET 2023 TO 2030: CAN AXIS BANK REACH 2000 INR?

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:

Hindustan Unilever Ltd Share price target 2023,2025,2030: Can it reach 10000INR by 2025?

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
July 2023 ₹1,037.28 ₹797.91
August 2023 ₹1,141.01 ₹877.70
September 2023 ₹1,198.06 ₹921.58
October 2023 ₹1,141.01 ₹877.70
November 2023 ₹1,255.11 ₹965.47
December 2023 ₹1,405.72 ₹1,081.32

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
January 2024 ₹1,479.71 1037.03
February 2024 ₹1,662.59 ₹1,385.49
March 2024 ₹1,750.10 ₹1,422.84
April 2024 ₹1,591.00 ₹1,223.84
May 2024 ₹1,325.83 ₹1,019.87
June 2024 ₹1,591.00 ₹1,223.84
July 2024 ₹1,352.35 ₹1,048.33
August 2024 ₹1,487.58 ₹1,180.62
September 2024 ₹1,561.96 ₹1,201.51
October 2024 ₹1,837.60 ₹1,413.54
November 2024 ₹1,929.48 ₹1,484.22
December 2024 ₹1,968.07 ₹1,513.90

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.

CLICK HERE:

SBI SHARE PRICE TARGET 2023,2025, 2030: CAN IT REACH 5000INR BY 2025?

AXIS BANK SHARE PRICE TARGET 2025

AXIS BANK SHARE PRICE TARGET 2025 Maximum Price Minimum Price
January 2025 ₹2,007.43 ₹1,544.18
February 2025 ₹2,113.09 ₹1,625.45
March 2025 ₹2,218.74 ₹1,706.72
April 2025 ₹1,981.02 ₹1,523.86
May 2025 ₹1,800.93 ₹1,385.33
June 2025 ₹1,981.02 ₹1,523.86
July 2025 ₹1,886.69 ₹1,451.30
August 2025 ₹1,965.30 ₹1,511.77
September 2025 ₹2,063.56 ₹1,587.36
October 2025 ₹2,187.38 ₹1,682.60
November 2025 ₹2,340.49 ₹1,800.38
December 2025 ₹2,387.30 ₹1,836.39

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
2026 ₹1,671.11 ₹1,169.78
2027 ₹1,420.44 ₹994.31
2028 ₹2,556.80 ₹1,789.76
2029 ₹5,252.06 ₹3,676.45
2030 ₹5,848.89 ₹4,094.22

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.

CLICK HERE:

ADANI PORTS SHARE PRICE TARGET 2023,2025,2030: CAN IT REACH 3000INR?

FINANCIAL STRENGTH OF AXIS BANK (2018 TO 2022)

 ANNUAL FY 2022 FY 2021 FY 2020 FY 2019 FY 2018
Total Income 86,114.19 80,847.94 80,057.67 70,232.41 58,476.67
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
Axis Bank has shown consistent growth in its total income over the last five years, with a maximum income of ₹86,114.19 crores in FY 2022 and a minimum income of ₹58,476.67 crores in FY 2018. The company’s total income has grown at an average rate of 8.62% during this period. However, Axis Bank’s provisions and contingencies have been volatile, with a maximum of ₹22,117.22 crores in FY 2020 and a minimum of ₹12,202.95 crores in FY 2022. The bank has managed to reduce provisions and contingencies by 37.4% in FY 2022, which is a positive sign. Axis Bank’s profit after tax (PAT) has grown significantly in FY 2022, with a growth rate of 95.31% compared to the previous year. The bank’s net interest margin has been stable, with an average of 2.79% during the last five years. Axis Bank’s net profit margin has also improved, reaching a maximum of 20.5% in FY 2022. The basic earnings per share (EPS) have also shown improvement, with a maximum of ₹46.04 in FY 2022 compared to ₹1.86 in FY 2018. Overall, Axis Bank has shown strong revenue growth and profit growth, which is a positive indicator of the bank’s growth trajectory.
CLICK HERE FOR MORE:

FAQ’s

What is the maximum share price target of Axis Bank in 2029?

The maximum share price target of Axis Bank in 2029 is Rs. 5252.06

What is the maximum share price target of Axis Bank in 2030?

The maximum share price target of Axis Bank in 2030 is Rs. 5848.89

What is Axis Bank’s total income growth percentage for FY 2022 compared to FY 2021?

Axis Bank’s total income grew by 6.51% in FY 2022 compared to FY 2021.

What is the highest and lowest total income of Axis Bank in the last five years?

The highest total income of Axis Bank in the last five years was ₹86,114.19 crore in FY 2022, while the lowest was ₹58,476.67 crore in FY 2018.

How did Axis Bank’s PAT change in FY 2022 compared to FY 2021?

Axis Bank’s PAT increased significantly by 95.31% in FY 2022 compared to FY 2021.

What is the net profit margin of Axis Bank in FY 2022?

The net profit margin of Axis Bank in FY 2022 was 20.50%.

What is the basic EPS of Axis Bank in FY 2020?

The basic EPS of Axis Bank in FY 2020 was ₹6.83.

CONCLUSION: AXIS BANK SHARE PRICE TARGET

According to Axis Bank’s financial statements for the previous five years, income, PAT, and revenue growth have all been steadily increasing. With an increase in its overall income and profit margins, the company has significantly improved its performance throughout the years. Investors should be encouraged by the bank’s ability to minimise its provisions and contingencies. It is crucial to remember that the bank has already had certain setbacks, such as a fall in profit growth and negative PAT in FY 2020. Therefore, it is crucial to take into account numerous elements, including market conditions, future prospects, and overall performance, before deciding whether to buy in Axis Bank shares.

Post Comment