AXISBANK.NS - Axis Bank Limited

NSE - NSE Real Time Price. Currency in INR
504.80
-1.40 (-0.28%)
As of 12:49PM IST. Market open.
Stock chart is not supported by your current browser
Previous Close506.20
Open506.00
Bid504.80 x 0
Ask505.00 x 0
Day's Range503.35 - 514.75
52 Week Range447.50 - 627.60
Volume2,625,994
Avg. Volume7,033,874
Market Cap1.296T
Beta1.31
PE Ratio (TTM)30.63
EPS (TTM)16.48
Earnings DateN/A
Forward Dividend & Yield5.00 (0.91%)
Ex-Dividend Date2017-07-06
1y Target EstN/A
  • What went wrong at Axis Bank under Shikha Sharma’s watch
    Quartz14 days ago

    What went wrong at Axis Bank under Shikha Sharma’s watch

    The troubles at India’s private lenders are escalating. Shikha Sharma, managing director and CEO of Axis Bank, has decided to shorten her tenure by more than two years, the lender informed the exchanges on April 09. The decision has come amid reports that the Reserve Bank of India (RBI) was unhappy with the lender’s performance…

  • Axis Bank shares climb as CEO exit seen as chance for change
    Reuters14 days ago

    Axis Bank shares climb as CEO exit seen as chance for change

    The impending exit of Axis Bank's long-serving CEO will allow it to mend relations with regulators and investors, some analysts said, helping shares of the third-biggest private sector Indian lender rise more than 4 percent on Tuesday. Axis Bank announced on Monday that Chief Executive Shikha Sharma will step down at the end of 2018, days after India's central bank was reported to have expressed concerns about the lender giving her a three-year extension. Sharma, CEO since 2009, had asked the board to shorten her next term that is set to begin on June 1, the lender said.

  • In surprise move, Axis Bank CEO to step down by end of 2018
    Reuters15 days ago

    In surprise move, Axis Bank CEO to step down by end of 2018

    Axis Bank Ltd said on Monday that its long-time Chief Executive Shikha Sharma will step down at the end of 2018, days after the Reserve Bank of India (RBI) was reported to have expressed concerns about the lender giving her a three-year extension. India's banking sector has been facing increased scrutiny amid record-high bad loan levels within the banking system, the discovery of a $2 billion scam at state-run Punjab National Bank and a slew of other issues. In a surprise regulatory filing late on Monday, Axis said Sharma, who has been the CEO of the third-biggest private sector Indian bank by assets since 2009, had asked the bank's board to shorten her next term that is set to begin on June 1.

  • Bain-Backed Axis Surges Most Since October After CEO Cuts Tenure
    Bloomberg15 days ago

    Bain-Backed Axis Surges Most Since October After CEO Cuts Tenure

    Axis Bank Ltd., India’s third-largest private-sector lender, has accepted Chief Executive Officer Shikha Sharma’s request to step down by Dec. 31 amid reports the central bank had asked the board to reconsider ...

  • Reuters21 days ago

    RBI drops Axis Bank from list of bullion importers

    The Reserve Bank of India (RBI) has dropped Axis Bank from a list of banks it has cleared to import gold and silver in the current financial year that began on April 1, in the latest setback for the country's third-biggest private sector lender. It was unclear why Axis, a leading gold importer, was not on the list released on Monday. A spokesman for the Reserve Bank of India did not have an immediate comment.

  • Reuters21 days ago

    India central bank drops Axis Bank from list of bullion importers

    The Reserve Bank of India (RBI) has dropped Axis Bank from a list of banks it has cleared to import gold and silver in the current financial year that began on April 1, in the latest setback for the country's third-biggest private sector lender. It was unclear why Axis, a leading gold importer, was not on the list released on Monday. A spokesman for the Reserve Bank of India did not have an immediate comment.

  • Will Axis Bank Limited (NSE:AXISBANK) Continue To Underperform Its Industry?
    Simply Wall St.28 days ago

    Will Axis Bank Limited (NSE:AXISBANK) Continue To Underperform Its Industry?

    Axis Bank Limited’s (NSEI:AXISBANK) most recent return on equity was a substandard 7.03% relative to its industry performance of 7.42% over the past year. Though AXISBANK’s recent performance is underwhelming,Read More...

  • Reuters2 months ago

    Axis Bank says has sold transactions guaranteed by PNB

    Axis Bank said on Thursday that it had dealt in transactions that had been guaranteed with letters of undertaking from Punjab National Bank, but it had since sold those transactions. PNB, India's second-largest state-run lender with assets of $120 billion, said in a filing on Wednesday that it had detected fraudulent transactions worth $1.77 billion at a single Mumbai branch. Shares in PNB, which fell 10 percent on Wednesday, were down more than 5 percent in early trading on Thursday.

  • When Should You Buy Axis Bank Limited (NSE:AXISBANK)?
    Simply Wall St.3 months ago

    When Should You Buy Axis Bank Limited (NSE:AXISBANK)?

    Today we’re going to take a look at the well-established Axis Bank Limited (NSEI:AXISBANK). The company’s stock received a lot of attention from a substantial price increase on the NSEIRead More...

  • Reuters3 months ago

    Axis Bank profit rises as bad loan additions slow, shares up

    Axis Bank Ltd, India's third-biggest private sector lender by assets, reported a 25 percent rise in quarterly net profit on higher interest and fee incomes as well as a sharp slowdown in bad loan additions. Shares in company rose as much as 5.3 percent to a more than one-year high as investors cheered the results that showed Axis added only 44.28 billion rupees of bad loans in the three months to December, less than half of levels in the September quarter. The bank reported a net profit of 7.26 billion rupees ($113.86 million) for the third quarter, up from 5.80 billion rupees a year ago but slightly below an average estimate of 7.98 billion rupees from 21 analysts polled by Thomson Reuters.

  • Should You Be Tempted To Sell Axis Bank Limited (NSE:AXISBANK) Because Of Its PE Ratio?
    Simply Wall St.3 months ago

    Should You Be Tempted To Sell Axis Bank Limited (NSE:AXISBANK) Because Of Its PE Ratio?

    Axis Bank Limited (NSEI:AXISBANK) trades with a trailing P/E of 35.3x, which is higher than the industry average of 20.9x. While this makes AXISBANK appear like a stock to avoidRead More...

  • Reuters4 months ago

    Indian regulator says Axis results leaked, orders lender to investigate

    India's market regulator ordered Axis Bank (AXBK.NS) on Wednesday to conduct an internal investigation into a suspected leak of financial information and to strengthen its handling of such data, as part of a probe into messages about company results being circulated on private WhatsApp groups. The Securities and Exchange Board of India (SEBI) order comes after Reuters reported last month that Axis Bank was among 12 companies where messages about quarterly results or other key financial details had circulated through private WhatsApp chatrooms before their official release. The information on Axis Bank, which included key metrics on bad loans and net interest margins, "were either identical or matched closely with the figures" except for one metric, the regulator said in the order, published on SEBI's web site.

  • Moody's4 months ago

    Moody's assigns Baa3 (sf) to Series A PTCs issued by Ramnos IFMR Capital 2017, Hinduja-sponsored Auto Loan ABS in India

    Rating Action: Moody's assigns Baa3 to Series A PTCs issued by Ramnos IFMR Capital 2017, Hinduja-sponsored Auto Loan ABS in India. Global Credit Research- 27 Dec 2017. Singapore, December 27, 2017-- Moody's ...

  • With A Recent ROE Of 7.21%, Can Axis Bank Limited (NSE:AXISBANK) Catch Up To Its Industry?
    Simply Wall St.4 months ago

    With A Recent ROE Of 7.21%, Can Axis Bank Limited (NSE:AXISBANK) Catch Up To Its Industry?

    Axis Bank Limited (NSEI:AXISBANK) generated a below-average return on equity of 7.21% in the past 12 months, while its industry returned 8.57%. AXISBANK’s results could indicate a relatively inefficient operationRead More...

  • Reuters5 months ago

    Axis Bank to raise $1.8 billion from investors including Bain Capital, LIC

    India's Axis Bank Ltd is to raise 116.26 billion rupees ($1.8 billion) to further strengthen its capital base by selling shares and warrants to a group of investors including Bain Capital and top Indian insurer Life Insurance Corp (LIC). Axis Bank said in a filing that its board had approved the sale of up to 172.63 million shares at 525 rupees each, and 45.36 million convertible warrants at 565 rupees each on a preferential basis.

  • Axis Bank second-quarter profit rises around 36 percent
    Reuters6 months ago

    Axis Bank second-quarter profit rises around 36 percent

    Axis Bank Ltd, India's third-biggest private sector lender by assets, said on Tuesday second-quarter net profit jumped by about 36 percent, as provisions for bad loans eased from a year earlier. Net profit rose to 4.32 billion rupees ($66.6 million) for the quarter ended Sept. 30.

  • Moody's9 months ago

    ICICI Bank UK Plc. -- Moody's downgrades ICICI Bank UK ratings following the downgrade of ICICI Bank Limited's baseline credit assessment; outlook stable

    Rating Action: Moody's downgrades ICICI Bank UK ratings following the downgrade of ICICI Bank Limited's baseline credit assessment; outlook stable. Global Credit Research- 04 Aug 2017. London, 04 August ...

  • Moody's9 months ago

    Axis Bank Limited, DIFC Branch -- Moody's assigns Baa3 to Axis Bank's USD note drawdown

    Rating Action: Moody's assigns Baa3 to Axis Bank's USD note drawdown. Global Credit Research- 01 Aug 2017. Singapore, August 01, 2017-- Moody's Investors Service, has assigned a Baa3 rating to Axis Bank ...

  • Moody's9 months ago

    Novo 3 Ahan 2017 Trust -- Moody's downgrades Novo 3 Ahan 2017 Trust to P-3 (sf)

    Rating Action: Moody's downgrades Novo 3 Ahan 2017 Trust to P-3. Global Credit Research- 26 Jul 2017. Singapore, July 26, 2017-- Moody's Investors Service has downgraded to P-3 from P-2 the Series A Pass ...

  • Moody's9 months ago

    Axis Bank Limited, Hong Kong Branch -- Moody's affirms ratings of Axis Bank and ICICI Bank; revises outlooks to stable

    Rating Action: Moody's affirms ratings of Axis Bank and ICICI Bank; revises outlooks to stable. Global Credit Research- 24 Jul 2017. Singapore, July 24, 2017-- Moody's Investors Service has affirmed the ...

  • Moody's11 months ago

    Novo 2 Ahan 2017 Trust -- Moody's downgrades Novo 2 Ahan 2017 Trust to Not Prime (sf)

    Rating Action: Moody's downgrades Novo 2 Ahan 2017 Trust to Not Prime. Global Credit Research- 26 May 2017. Singapore, May 26, 2017-- Moody's Investors Service has downgraded to Not Prime from P-3 the ...