Last updated on October 10th, 2024 at 05:47 pm
Axis Bank Ltd is one of India’s leading private sector banks, known for offering a wide range of financial services, including retail banking, corporate banking, investment banking, and treasury operations.
AXIS Bank Share Price Today
Founded in 1993 as UTI Bank, it was rebranded as Axis Bank in 2007. The bank has a robust network of branches and ATMs across India and a strong presence in international markets. Axis Bank serves millions of customers with innovative banking solutions and a commitment to financial inclusion. The bank is also recognized for its digital initiatives, making banking accessible and convenient for its customers.
Company Details
- Founded: 1993 (as UTI Bank), Rebranded in 2007 as Axis Bank
- Headquarters: Mumbai, India
- Products: Retail banking, corporate banking, investment banking, treasury operations, and more
- Market Share: One of the largest private sector banks in India
- Key Clients: Retail customers, SMEs, large corporations, and government entities
Founder Details
Axis Bank Ltd was initially founded as UTI Bank under the leadership of Dr. Manmohan Singh, who was the Finance Minister of India at the time. The bank was set up to meet the growing demand for banking services in the liberalized Indian economy. Over the years, Axis Bank has evolved into a leading private sector bank, offering a wide range of financial services to various segments of the market.
Promoter
| Name | Stake (%) |
|---|---|
| UTI and Other Institutional Investors | 100 |
Axis Bank Balance Sheet
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 477 | 479 | 513 | 514 | 564 | 613 | 614 | 615 | 617 |
| Reserves | 53,082 | 55,901 | 63,694 | 67,288 | 85,776 | 102,981 | 117,647 | 129,166 | 156,406 |
| Borrowings + | 472,150 | 527,437 | 611,425 | 711,996 | 797,337 | 850,551 | 1,020,943 | 1,152,038 | 1,295,302 |
| Other Liabilities + | 20,678 | 27,644 | 28,071 | 34,248 | 44,194 | 46,859 | 56,576 | 62,598 | 65,913 |
| Total Liabilities | 546,387 | 611,462 | 703,703 | 814,046 | 927,872 | 1,001,005 | 1,195,779 | 1,344,418 | 1,518,239 |
| Fixed Assets + | 3,358 | 3,518 | 3,697 | 3,842 | 3,912 | 4,501 | 4,753 | 5,000 | 5,860 |
| CWIP | 216 | 292 | 352 | 288 | 483 | 118 | 215 | 142 | 267 |
| Investments | 131,399 | 129,018 | 153,037 | 174,056 | 155,282 | 225,336 | 274,608 | 288,095 | 332,354 |
| Other Assets + | 411,414 | 478,633 | 546,618 | 635,860 | 768,196 | 771,050 | 916,203 | 1,051,181 | 1,179,758 |
| Total Assets | 546,387 | 611,462 | 703,703 | 814,046 | 927,872 | 1,001,005 | 1,195,779 | 1,344,418 | 1,518,239 |
Axis Bank Ltd Share Price Target 2024
Axis Bank Ltd is expected to perform well in 2024, driven by its strong financial position and diverse range of banking services. The bank’s focus on digital transformation and innovation may help it capture more market share. Additionally, Axis Bank’s expanding customer base and strategic initiatives in retail and corporate banking could contribute to share price growth.
- Maximum Target: ₹1,100
- Minimum Target: ₹950
Axis Bank Ltd Share Price Target 2025
In 2025, Axis Bank Ltd may continue to grow as it enhances its digital banking capabilities and expands its presence in underserved markets. The bank’s investments in technology and customer service could drive growth. Axis Bank’s strong balance sheet and focus on risk management may also enhance its market position, leading to potential share price appreciation.
- Maximum Target: ₹1,300
- Minimum Target: ₹1,050
Axis Bank Ltd Share Price Target 2026
The year 2026 could be significant for Axis Bank Ltd as it aims to strengthen its leadership in the banking sector. The bank’s strategic initiatives, such as expanding its digital banking services and increasing its focus on financial inclusion, could lead to revenue growth. Axis Bank’s ability to offer personalized banking solutions may further support its share price.
- Maximum Target: ₹1,500
- Minimum Target: ₹1,200
Axis Bank Ltd Share Price Target 2027
By 2027, Axis Bank Ltd is anticipated to continue its growth trajectory by enhancing its service offerings and expanding its geographical reach. The bank’s focus on innovation and its ability to adapt to changing market dynamics could contribute to sustained growth. Axis Bank’s strong brand reputation and customer trust may also play a role in its share price performance.
- Maximum Target: ₹1,700
- Minimum Target: ₹1,350
Axis Bank Ltd Share Price Target 2028
In 2028, Axis Bank Ltd’s share price may benefit from its emphasis on innovation and customer-centric solutions. The bank’s ability to provide comprehensive banking services to a diverse customer base could drive long-term growth. Axis Bank’s strong market position and commitment to financial inclusion may continue to support its growth.
- Maximum Target: ₹1,900
- Minimum Target: ₹1,500
Axis Bank Ltd Share Price Target 2029
As Axis Bank Ltd continues to innovate and expand its service offerings, 2029 could see substantial growth. The bank’s leadership in the private banking sector and its strategic initiatives may attract more investors. Axis Bank’s focus on delivering high-quality banking services and enhancing customer experience could contribute to revenue growth.
- Maximum Target: ₹2,100
- Minimum Target: ₹1,700
Axis Bank Ltd Share Price Target 2030
Looking towards 2030, Axis Bank Ltd is expected to remain a dominant force in the private banking sector in India. The bank’s comprehensive service offerings and strong financial performance may drive significant share price appreciation. Axis Bank’s commitment to innovation, quality, and customer satisfaction could result in continued success.
- Maximum Target: ₹2,300
- Minimum Target: ₹1,850
Axis Bank Ltd Share Price Target 2035
By 2035, Axis Bank Ltd may achieve new milestones in the banking industry. The bank’s focus on emerging technologies, strategic expansion plans, and commitment to financial inclusion could result in substantial returns for investors. Axis Bank’s strong market position and reputation for delivering innovative solutions may continue to drive growth.
- Maximum Target: ₹3,000
- Minimum Target: ₹2,400
Here’s a table summarizing the share price targets for Axis Bank Ltd from 2024 to 2035:
| Year | Maximum Target (₹) | Minimum Target (₹) |
|---|---|---|
| 2024 | 1,100 | 950 |
| 2025 | 1,300 | 1,050 |
| 2026 | 1,500 | 1,200 |
| 2027 | 1,700 | 1,350 |
| 2028 | 1,900 | 1,500 |
| 2029 | 2,100 | 1,700 |
| 2030 | 2,300 | 1,850 |
| 2035 | 3,000 | 2,400 |
