Is it right time to buy Axis Bank share?
It recommends BUY with potential upside of 25% from current levels. Promoters held 11.64 per cent stake in the company as of 30-Sep-2021, while FIIs owned 54.53 per cent, DIIs 22.17 per cent.
Why did Axis Bank shares fall?
Axis Bank was the worst hit stock on the domestic bourses today even after the private sector lender reported strong earnings for the fourth quarter ended March 31, 2022. Investors weighed lower-than-expected growth in quarterly net interest income (NII), which fell short of market estimates.
Can I buy Axis Bank share?
FAQs on Axis Bank You can easily buy Axis Bank shares in Groww by creating a demat account and getting the KYC documents verified online.
What is the target of Axis Bank share?
AXISBANK Share Price
| 4th UP TARGET | 904.34 |
|---|---|
| 2nd UP TARGET | 813.14 |
| 1st UP TARGET | 778.3 |
| 1st DOWN TARGET | 678.9 |
| 2nd DOWN TARGET | 644.06 |
Is Axis Bank a problem?
A pandemic close on the heels of an adverse corporate loan cycle has stretched Axis Bank Ltd’s asset quality problems. The private sector lender had to set aside 75% of its operating profit as provisions in the December quarter, which meant that its net profit dropped 36% from the year-ago period.
Does Axis Bank give dividend?
Axis Bank Ltd. The company has a good dividend track report and has consistently declared dividends for the last 5 years.
Should we buy Axis Bank share?
Is Axis bank safe in India?
Axis Bank is the third-largest bank in the private banking sector in India and hence it is very safe to invest.
What is Omni Axis Bank?
Axis Bank Customers Can Send Money Abroad In 100 Currencies Via Mobile App. The bank has made this an omni-channel experience for its customers, as there is complete integration between mobile banking and internet banking transactions.