Axis Bank, incorporated in the year 1993, is a banking company (having a market cap of Rs 286518.55 Crore).
Axis Bank key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2022.
Financials
Investment Rationale
Given the healthy asset mix, liability strength, adequate capital and superior customer profile, the brokerage believes the bank is poised to face near term challenges and benefit in the phase of normalisation. Anand Rathi continues to remain positive on the bank and maintain its buy rating on the stock with a target price of Rs 1,125 per share.
Promoter/FII Holdings
Promoters held 9.7 per cent stake in the company as of 30-Jun-2022, while FIIs owned 51.35 per cent, DIIs 26.7 per cent.
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Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price