Axis Bank Ltd.

The total asset value of Axis Bank Ltd. stood at ₹ 13,73,469 Cr as on 30-Sep-23

The share price of Axis Bank Ltd. is ₹1,104.65 (NSE) and ₹1,103.80 (BSE) as of 01-Dec-2023 IST. Axis Bank Ltd. has given a return of 22.45% in the last 3 years.

Axis Bank Ltd. has a market capitalisation of ₹ 3,40,272 Cr as on 01-Dec-2023. As per Value Research classification, it is a Large Cap company.

The P/B ratio of Axis Bank Ltd. is 2.40 times as on 01-Dec-2023, a 1.47% premium to its peers’ median range of 0.97 times.

The P/E ratio of Axis Bank Ltd. is 25.93 times as on 01-Dec-2023, a 0.83% premium to its peers’ median range of 14.16 times.

Step 1. Open a demat account through a broker. You would need to provide your email, PAN, bank account details, aadhar details, etc., for KYC
Step 2. Sign in to the broker’s application through a mobile app or website. Use the Login ID and password provided by your broker.
Step 3. Transfer funds from your bank account into the wallet present in your brokerage account.
Step 4. Search for the Axis Bank Ltd. and enter the required number of quantities and click on buy to purchase the shares of Axis Bank Ltd..

Axis Bank Limited provides various financial products and services. It operates through four segments: Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business. The Treasury segment is involved in investments in sovereign and corporate debt, and equity and mutual funds, as well as in trading operations, derivative trading, and foreign exchange operations. The Retail Banking segment engages in the provision of lending services to individuals/small businesses, liability products, card services, internet banking, mobile banking, ATM services, depository, financial advisory services, NRI services, and digital banking services. The Corporate/Wholesale Banking segment offers corporate advisory, placements and syndication, project appraisals, trade finance products, letter of credits, bank guarantees, commercial cards, and cash management services. The Other Banking Business segment is involved in para banking activities. It also offers life and non-life insurance products; and government small saving schemes and pension schemes. The company operates multiple branches; ATMs; and recyclers in India. It also has international offices with branches in Singapore and Dubai, and representative offices in Dhaka, Dubai, Abu Dhabi, and Sharjah. The company was formerly known as UTI Bank Limited and changed its name to Axis Bank Limited in July 2007. The company was incorporated in 1993 and is based in Mumbai, India.

The promoter of Axis Bank Ltd. is LIFE INSURANCE CORPORATION OF INDIA. LIFE INSURANCE CORPORATION OF INDIA owns 8.22 per cent of the total equity. The chairman of the company is , and the managing director is Amitabh Chaudhry..

The promoters of Axis Bank Ltd. have pledged 0% of the total equity as on Sep-23.

Some of the close peers are:

Yes, TTM profit after tax of Axis Bank Ltd. was ₹13,121 Cr.