One of India’s biggest private sector banks, Axis Bank has a significant presence in both retail and corporate banking. Due to its frequent dividend payouts and steady financial performance, its stock has become a well-liked investment option. Many investors want to invest in Axis Bank shares and are interested in the bank’s possible share price targets in the future because the Indian economy is anticipated to rise over the coming years. In this article, we’ll look at the variables that could affect AXIS BANK’s share price between 2023 and 2030 and give a prediction of where it might go.
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AXIS BANK SHARE PRICE TARGET 2023
|AXIS BANK SHARE PRICE TARGET 2023||Maximum Price||Minimum Price|
AXIS BANK’s share price target for 2023 seems to be in an uptrend, based on the maximum and minimum price projections for each month. The predictions show a bullish outlook for AXIS BANK’s shares, with the share price predicted to experience growth throughout the year. By the end of December 2023, the share price is expected to reach a maximum of ₹1,490.75 and a minimum of ₹1,146.73, indicating a potential growth percentage of more than 130% from the minimum price prediction. This suggests that investors who are bullish on the future growth prospects of AXIS BANK may be able to realize significant returns on their investments if the bank is able to deliver strong financial performance and achieve its growth targets in the coming years.
AXIS BANK SHARE PRICE TARGET 2024
|AXIS BANK SHARE PRICE TARGET 2024||Maximum Price||Minimum Price|
The AXIS BANK share price target for 2024 is expected to see significant growth, according to the maximum and minimum price predictions for each month. The projections indicate a potential bullish trend for the AXIS BANK’s shares, with the share price estimated to continue its upward trajectory. By the end of December 2024, the share price is expected to reach a maximum of ₹2,087.11 and a minimum of ₹1,605.47, indicating a potential growth percentage of over 30% from the minimum price prediction. This suggests that investors who are optimistic about the future prospects of AXIS BANK may see strong returns on their investments if the bank is able to maintain its financial performance and growth targets over the coming years. It is worth noting that these projections are subject to various market and economic factors, and actual prices may deviate from the predicted ranges.
AXIS BANK SHARE PRICE TARGET 2025
|AXIS BANK SHARE PRICE TARGET 2025||Maximum Price||Minimum Price|
The AXIS BANK share price target for 2025 indicates a continuation of the bullish trend, with the share price expected to rise over the year. The projected maximum and minimum prices for each month suggest that the share price may experience significant growth in 2025. By the end of December 2025, the share price is expected to reach a maximum of ₹2,531.70 and a minimum of ₹1,947.46, indicating a potential growth percentage of over 30% from the minimum price prediction. These projections suggest that investors who remain optimistic about the prospects of AXIS BANK may continue to see strong returns on their investments. However, as with any investment, it is important to keep in mind that market and economic factors may cause actual prices to differ from the projected ranges.
AXIS BANK SHARE PRICE TARGET 2026 TO 2030
|AXIS BANK SHARE PRICE TARGET BY||Maximum Price||Minimum Price|
Looking ahead to the future, the AXIS BANK share price is expected to continue its upward trend in the years to come. In 2026, the maximum price is expected to reach ₹1,772.19 while the minimum price is predicted to be ₹1,240.53. By 2027, the maximum price is predicted to be ₹1,506.36, with the minimum price at ₹1,054.45. The year 2028 is projected to be a bullish year for the AXIS BANK share price with a maximum target of ₹2,711.45 and a minimum target of ₹1,898.02. In 2029, the share price is expected to rise even higher with a maximum target of ₹5,569.75 and a minimum target of ₹3,898.82. Finally, in 2030, the maximum price target is predicted to be ₹6,202.67 while the minimum target is estimated to be ₹4,341.87.
FINANCIAL STRENGTH OF AXIS BANK LTD (2018 TO 2022)
|ANNUAL||FY 2022||FY 2021||FY 2020||FY 2019||FY 2018|
|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|
Based on the financial statement of Axis Bank from FY 2018 to FY 2022, the company has shown overall growth in its operations. The total income has increased consistently with a growth rate of 6.51% in FY 2022 compared to FY 2021. However, the provisions and contingencies have decreased by 37.40% in FY 2022 compared to the previous year. The profit after tax (PAT) has shown a significant increase of 95.31% in FY 2022 compared to FY 2021. The basic earnings per share (EPS) have also increased from ₹24.19 in FY 2021 to ₹46.04 in FY 2022. The net interest margin has remained stable around 2.70-2.94% in the last five years, and the net profit margin has shown a steady increase. The company has experienced both positive and negative growth in different financial quarters over the past five years, but it has managed to maintain a stable financial position overall.
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What is the maximum share price target of Axis Bank in 2026?
The maximum share price target of Axis Bank in 2026 is Rs. 1772.19
What is the maximum share price target of Axis Bank in 2027?
The maximum share price target of Axis Bank in 2027 is Rs. 1506.36
What is the maximum share price target of Axis Bank in 2028?
The maximum share price target of Axis Bank in 2028 is Rs. 2711.45
What is the maximum share price target of Axis Bank in 2029?
The maximum share price target of Axis Bank in 2029 is Rs. 5569.75
What is the maximum share price target of Axis Bank in 2030?
The maximum share price target of Axis Bank in 2030 is Rs. 6202.67
CONCLUSION: AXIS BANK SHARE PRICE TARGET
Axis Bank has demonstrated consistent increase in its overall income over the past five years, with a revenue growth rate ranging from 0.99% to 13.99%, according to financial documents. Even while provisions and contingencies have fluctuated, the bank’s net interest margin, which ranges from 2.70% to 2.94%, has remained largely consistent.
The bank’s profit after tax (PAT) has also significantly improved over the past five years, with growth rates ranging from 286.02% to 95.31%. Nonetheless, PAT for the 2020 fiscal year has significantly decreased. The net profit margin for Axis Bank has been positive, ranging from 0.97% to 20.50%, notwithstanding this.
Overall, according to the financial filings, Axis Bank has seen positive expansion in its total assets.