Axis Bank Share Price Graph And News

Axis Bank Limited is a private banking company. The company’s share price fluctuation affects Nifty because it carries good weight among Nifty 50 stocks. The page will cover the Axis Bank Share Price Graph And axis bank share price News. The company is listed in the NSE with the name of AXISBANK. Here, is the axis bank share price.

Axis Bank Share Price Graph


Incorporated in 1993, Axis Bank Limited was one of the first few private banks which started operations in India after the Government of India came up with the policy to allow private banks to start banking business in India. It was first such step taken by the Government of India after the nationalization of private banks took place after independence. UTI, the best and largest financial institution was the promoter of Axis bank. The bank started its journey with Rs 115 crores of capital, UTI contributing Rs 100 crores, LIC Rs 7.5 crores and the rest came from GIC and its 4 subsidiaries. In the year 1994 Axis bank started its banking business, the year govt. made the decision to allow privately run banks.

The bank has been running efficiently since then and became one of the leading private banks in India. Now, in India, it is one of the top three private banks. Today, the bank’s management views the banking business to provide solidity and reliability to support its consumers and thrives due to excellence in banking service.  The bank operates both in retail banking services and corporate banking services and has achieved a mark of excellence in both the sectors. Today in order to remain on top it has adopted best industry practices that are at par with best of international standards.

With a view to expand and reach more consumers and make footsteps in diversified banking services, it made an acquisition of Enam Securities in November 2010. Though it had to shell out $ 456 million for that buyout, the step made a positive impact in the balance sheet. Now, Axis Securities, a wholly owned subsidiary handle the investment banking services and all operations related to demat and related services, investment in the stock market by the customers through Axis securities and all other depository related services.

Till date, the company has received numerous national and international awards for excellence in the banking sector.

Axis bank offers the following services to its customers:

  • Retail/ Personal Banking
  • Corporate Banking
  • NRI Banking
  • E-commerce
  • Priority Banking
  • VBV/ MSC – Online transactions using Debit Card
  • VBV  – Online transactions using Credit Card

Registered Office

  • Bombay Dyeing Mills Compound,
    Pandurang Budhkar Marg,
    City: Mumbai
    State: Maharashtra
    Pincode: 400025
    Email ID: [email protected]
    Web Url: http://www.axisbank.com
  • Axis House,
    Wadia International Centre,
    City: Mumbai
    State: Maharashtra
    Pincode: 400025
    Email ID: [email protected]
    Web Url: http://www.axisbank.com
  • ‘Trishul’, 3rd Floor,
    Opp. Samartheshwar Temple,
    City: Ahmedabad
    State: Gujarat
    Pincode: 380006
    Email ID: [email protected]
    Web Url: http://www.axisbank.com

Company Management

  • Sanjiv Misra (Chairman)
  • Shikha Sharma (Managing Director & CEO)
  • V. R. Kaundinya (Director)
  • Prasad R. Menon (Director)

Company Financials

  • Axis Bank share price is Rs 510.00 (as for 16.06.17, EOD) in BSE. As per the latest Axis Bank share price, the standalone basis P/E is 33.22 versus average industry PE of 27.31, EPS is Rs 15.35. Market cap is Rs 1,22,241 crores. The face value of a share is Rs 2. Net NPA to Net Advance percentage stands at 0.74% (as per data of fiscal,’16).

The closing share price of Axis bank on 19-09-2018 is Rs 608.80 in NSE. The consolidated EPS is Rs 1.77 calculated over past 12 months performance. Though the standalone EPS is Rs -1.28. The standalone P/E is 0.00 and the consolidated ratio of P/E is 343.55. Industry P/E is 31.34 (consolidated). The book value per share or BV is Rs Rs 249.93. The price over book value or P/BV is 2.44. The dividend yield is 0. Total nos of shares subscribed are 256.90 crores. Current net NPA is Rs 14,901.56 crores and Net NPA is 3.09%.

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Company summary

Axis bank is a leading private bank in India. The present market cap is Rs 156,505.82 crores. It is a large-cap private bank.

Axis bank limited earns its revenue largely from banking, sales of financial products and services. Recent financial data shows Axisbank has earned Rs 34137.47 crores from accrued interest and discount on advances and bills which amounts to 74.56% of total sales value. In addition, income from Investment is Rs 9983.30 crores contributing to 21.80% of total sales. In addition, interest accrued from balances with RBI and other inter-bank funds is Rs 1271.71 crores which amount to 2.77% of total sales and Interests accrued from other sources is Rs 387.83 crores (0.84% of total sales value). These data were collected from the audited financial report of the year 2017 – 18 ended on 31st March 2018.

The bank reported a gross NPA (non-performing assets) of Rs 32662.40 crores and net NPA of Rs 14901.56 crores. The gross NPA was 6.52% of total assets and net NPA was 3.09% of total assets. The Gross NPA was down by -3.69% compared to last quarter and increased by 29.62% from the last fiscal figures. Similarly, net NPA decreased by -9.12% from last quarter data and increased by 34.35% from the previous fiscal.

After the end of the second quarter of 2018 fiscal which ended on 30-06-2018, Axis bank reported standalone interest income of Rs 9611.55 crores, increased by 9.81% from the previous quarter interest income of Rs 8753.01 crores and increased by 17.06% last year financial record of the same quarter which was Rs 8210.58 crores. Axis bank reported a net profit after tax of Rs 701.09 crores in this quarter.

Shareholding pattern

The Promoter and Promoter group holds 26.23% of total shares. There is no foreign institutional investor in the promoter group.

The Public holds the rest 73.77% shares. In this group, foreign institutional investors or FII/ FPI hold 50.26%. The domestic institutional investors or the DII hold 14.69% and the non-institutional investors own the rest of 8.83% shares.

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