|
15 Sep 2025 |
Axis Bank
|
Consensus Share Price Target
|
1104.40 |
1330.49 |
- |
20.47 |
buy
|
|
|
|
|
26 Oct 2023
|
Axis Bank
|
ICICI Securities Limited
|
1104.40
|
1150.00
|
955.45
(15.59%)
|
Target met |
Buy
|
|
|
Despite higher non-staff opex, Axis Bank (Axis) reported better-than-expected Q2FY24 PAT of INR 58.6bn (6% beat) led by stable NIM QoQ and strong loan growth (up 4.5% QoQ). Unlike its peers, which saw 25–35bps QoQ decline, stable NIM at Axis was a key surprise (NII beat of 4%).
|
|
26 Oct 2023
|
Axis Bank
|
Edelweiss
|
1104.40
|
1140.00
|
972.05
(13.62%)
|
Target met |
Buy
|
|
|
Impressive set of numbers on all counts
|
|
01 Sep 2023
|
Axis Bank
|
Motilal Oswal
|
1104.40
|
1175.00
|
991.15
(11.43%)
|
Target met |
Buy
|
|
|
|
|
09 Aug 2023
|
Axis Bank
|
Geojit BNP Paribas
|
1104.40
|
1101.00
|
950.00
(16.25%)
|
Target met |
Buy
|
|
|
|
|
27 Jul 2023
|
Axis Bank
|
BOB Capital Markets Ltd.
|
1104.40
|
1155.00
|
959.90
(15.05%)
|
Target met |
Buy
|
|
|
Q1 PAT up 41% YoY supported by strong NII (+27%), fee income and treasury gains
|
|
27 Jul 2023
|
Axis Bank
|
Prabhudas Lilladhar
|
1104.40
|
1170.00
|
959.90
(15.05%)
|
Target met |
Buy
|
|
|
|
|
27 Jul 2023
|
Axis Bank
|
IDBI Capital
|
1104.40
|
1140.00
|
959.90
(15.05%)
|
Target met |
Buy
|
|
|
|
|
27 Jul 2023
|
Axis Bank
|
ICICI Securities Limited
|
1104.40
|
1150.00
|
976.80
(13.06%)
|
Target met |
Buy
|
|
|
Axis Bank (Axis) reported mixed Q1FY24 earnings with in-line PAT at INR 57.97bn and annualised RoA at 1.8% though aided by healthy treasury gains (INR 5.19bn) while business growth QoQ was somewhat soft. We point out that due to Citi integration, most numbers are not directly comparable on either QoQ or YoY basis.
|
|
27 Jul 2023
|
Axis Bank
|
Edelweiss
|
1104.40
|
1120.00
|
959.90
(15.05%)
|
Target met |
Buy
|
|
|
Decent quarter overall
|
|
27 Jul 2023
|
Axis Bank
|
SMC online
|
1104.40
|
|
959.90
(15.05%)
|
|
Results Update
|
|
|
|