We are here with Axis Bank to predict its share price for the years 2024, 2025, 2026, 2028, 2030, and 2035. The target price of Axis Bank shares is based on our in-depth research, prediction system, and many other factors.
Let’s get to the point, Axis Bank is a private-sector bank that provides various banking products and services to its customers. If we look at its performance, it is showing a bullish trend in the market and has given huge returns in the last three years.
The stock is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in India. The share price of the bank has increased up to 42% in the last two years.
Therefore, it has shown huge growth potential and good financial results over the years. In recent years, the bank has given returns of up to 151 percent in just three years.
According to our analysis, this is a good stock to hold for the long term and you can expect returns of up to 125 percent in the next 24 months.
The current share price is ₹1,074.00 and a slight decline is being seen right now. Market experts say this is a good time to buy shares of Axis Bank at Rs 1050.00 could be worth ₹1252.50 to ₹1335.60 in 2025.
Check also – HDFC Bank
Axis Bank – Overview
Axis Bank was established in 1993 and since then it has been the third largest private sector bank in India. The bank provides banking and financial services to retail, corporate, small, and medium-sized enterprise customers.
Fundamentals of Axis Bank
Axis Bank’s official data shows revenue of Rs 35,137 crore in the Q3FY24, up 16.38 percent year-on-year. Similarly, the net income is Rs 6,493 crore, which is 32.05 percent more YoY.
| Revenue (yearly) | ₹106,155 crore |
| Net income (yearly) | ₹10,851 crore |
| Net profit margin | 12.37% |
| Earning per share (EPS) | 35.05 |
| Expenses | ₹87,534 crore |
| Dividend per share | 1.00 |
| ROE | 15.97% |
| P/E Ratio (TTM) | 25.18 |
| Buy / Sell / Hold | Buy (85%) |
| Debt to equity | 0.00 |
| Book value | 420.42 |
| Official website | https://www.axisbank.com |
Check also – Target Price of SBI Shares
Axis Bank Share Price Target 2024- 2035
It has a strong presence in the corporate banking and retail banking sectors which helps it to maintain a steady revenue growth. There will be further upside in the share price and based on analyst recommendations the target price is Rs 1095.30 to Rs 1155. by 2024.
2024
- Target-I: Rs 1095.22
- Target-II: Rs 1155.25
2025
- Target-I: Rs 1255.50
- Target-II: Rs 1335.20
2026
- Target-I: Rs 1410.45
- Target-II: Rs 1580.32
2028
- Target-I: Rs 1680.24
- Target-II: Rs 1820.22
2030
- Target-I: Rs 2010.30
- Target-II: Rs 2440.15
2035
- Target-I: Rs 2980.20
- Target-II: Rs 3320.12
Axis Bank Compounded Growth
| Year | Sales Growth | Profit Growth | RoE |
|---|---|---|---|
| Last Years | 32% | 41% | 15% |
| 3 Years | 11% | 113% | 12% |
| 5 Years | 13% | 113% | 10% |
| 10 YEars | 12% | 13% | 10% |
Is Axis Bank a Good Stock?
Axis Bank has given good quarterly results in December 2023 and also good profit growth of 113% CAGR in the last 5 years. Apart from this, the working capital of the company has come down from 85.7 days to 22.8 days.
Axis Bank Shareholding Pattern
The shareholding pattern of any company is an essential aspect of trading which gives accurate information about the financial health and outlook of a company.
| Promoters | 8.19% |
| Foreign Institutional Investors (FII) | 52.00 % |
| Domestic Institutional Investors (DII) | 29.91% |
| Public | 9.91% |
Above 15 percent, the shareholder pattern of Qualified Foreign Institutional Investors is a good indicator of any stock, as they are a highly experienced and educated team in the stock market.
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FAQs
You can buy Axis Bank shares by opening a demat account through an online brokerage platform by verifying the KYC documents online.
The target price for Axis Bank shares is Rs 1255 to 1335 by 2025.
The maximum target price for Axis Bank shares is Rs 1680.24 to Rs
1820.22 by 2028.
Axis Bank’s share is overvalued as compared to other banks in terms of the price-to-earnings ratio (P/E).
The maximum target price for Axis Bank shares is Rs 2010 to Rs 2440 by 2030.
Disclaimer: The target price of Axis Bank Ltd shares posted on our website is for general information only. We are not SEBI-registered financial advisors and no part of the website content should be considered as financial advice.
