Axis Bank Ltd Share Price Target 2022, 2023, 2024, 2025, And 2030

Have you ever been searching regards the share price target of Axis Bank Ltd for the coming years 2022 to 2030? so you are in the better article for this share because in this post I tried to include all the major points so that after reading this post you may learn more about this share.

I am Mohammad Mustakim the professional trainer of the share market for the last 7 years, at the time of analysis we have found a lot of strengths and weaknesses of this share so that you may know overall about it, which is explained further.

Axis Bank Ltd Share Analysis

Axis Bank is an Indian multinational company that deals in the sector of banking and financial services headquartered in Mumbai, India. It sells financial services to large to small-sized businesses and also they also provide services to retail businesses. The MD and CEO of Axis Bank are Amitabh Chaudhary. There is a number of subsidiaries of Axis Bank are Axis Securities Ltd and Axis Finance Ltd.

Axis Bank Ltd Quarterly Report Analysis

As the company’s quarterly report is given below the June quarter of the financial year 2021, the company earned interest of Rs.16,003.46 Cr. in which they made a profit of about Rs.2,160.15 Cr. after paying taxes. In the September quarter of the financial year 2021, Company earned an interest of Rs.16,336.01 Cr. by which they made a profit of around Rs.3,133.32 Cr. after paying all the essential taxes as govt. norms.

In the December quarter of 2021, the company earned interest of Rs.17,261.12 Cr. by which they made a profit of about Rs.3,614.24 Cr. after paying all the taxes. In the March quarter of 2022, Company earned an interest of Rs.17,776.24 Cr. through which they made a profit of about Rs.4,117.77 Cr. after paying all the taxes. In the June quarter of the financial year 2022, Company earned an interest of Rs.18,728.65 Cr. by which they made a profit of about Rs.4,125.26 Cr. after paying all the taxes according to government norms present for that sector.

Axis Bank Ltd Annual Report Analysis

The company earned an interest of Rs.44,542.16 Cr. in 2017 till the month of March by which the company make a profit of about Rs.3,679.28 Cr. In the following year which is 2018, till the month of march the company earned interest of Rs.45,780.31 Cr. by which the company make a profit of about Rs.275.68 Cr. after paying all the taxes according to govt. norms.

In the year 2019, till the Month of March Company earned an interest of Rs.54,985.77 Cr. by which the company made a profit of about Rs.4,676.61 Cr. In the following year, 2020 till the month of March Company earned an interest of Rs.62,635.16 Cr. by which the company made a profit of about Rs.3,277.01 Cr. In the year 2021, till the month of March Company earned an interest of Rs.63,645.29 Cr. by which they make a profit of around Rs.6,588.50 Cr. in the year 2022, it has earned 67,336.83 Cr. where the net profit was Rs.13,025.48 Cr. after giving the all the taxes.

Axis Bank Ltd Balance Sheet Analysis

In the year 2017 Axis Bank invested around Rs.12,8793.37 Cr. and Other Assets of Axis Bank are about Rs.45,601.87 Cr. and the total assets of the company available at that time is around Rs.60,1467.67 Cr. In the following year, 2018 Company invest around Rs.15,3876.08 Cr. and Other Assets of Axis Bank is about Rs.50,376.62 Cr. and the total assets of the company were available at that time in 2018 is around Rs.6,91,329.58 Cr. In the year 2019 Company invested around Rs.1,74,969.28 Cr. and Other Assets of Axis Bank are about Rs.59,988.01 Cr. and the total assets of the company available at that time is around Rs.8,00,996.53 Cr.

In 2020 Company invested around Rs.1,56,734.32 Cr. and Other Assets of Axis Bank in the year 2020 are about Rs.85,425.16 Cr. and total assets of the company are available at that time in 2020 are around Rs.9,151,64.82 Cr. In the financial year, 2021 Company invested around Rs.2,26,119.62 Cr. and Other Assets of Axis Bank are about Rs.80,303.76 Cr. and total assets of the company are available at that time is around Rs.9,96,118.42 Cr. if we talk about the year 2022, they invested Rs.2,75,597.20 Cr. and the total assets was Rs.11,75,178.11 Cr.

Axis Bank Ltd Share Price Target/Prediction/Forecast

In this path, we were trying to predict the possible target for the shares of Axis Bank for future years to come. This prediction is based on the Fibonacci retracement, support, and resistance. So, here we go with our share price target for the shares of Axis Bank as Concern for the upcoming years.

YearTarget Of Axis Bank Ltd
2022(Target-1)Rs.976
(Target-2)Rs.1,165
2023(Target-1)Rs.1,380
(Target-2)Rs.1,527
2024(Target-1)Rs.1,708
(Target-2)Rs.1,919
2025(Target-1)Rs.2,071
(Target-2)Rs.2,256
2030(Target-1)Rs.5,597
(Target-2)Rs.6,142

Axis Bank Ltd Share Price Target 2022

As the chart indicates Axis Bank will surely move in an uptrend for future years so, we predict the first possible target for the year 2022 is around Rs.976 after attaining these prices of shares they show some downtrend but because of their great user-friendly banking option available to people they will again able to go in an uptrend so, we predict second possible target for this share is about Rs.1,165.

Axis Bank Ltd Share Price Target 2023

When we go through the chart and predict the share price target for the financial year 2023, we predict the share price target which the share of this company can pass is around Rs.1,380, and after attaining this value Share price of Axis Bank will show some momentum for a while and second possible target of this share we can predict is around Rs.1,527.

Axis Bank Ltd Share Price Target 2024

We can predict the first possible target share price of Axis Bank for the financial year 2024 is around Rs.1,708 and after attaining that value they also show a similar trend as they show in the year 2023 show some uptrend again for a while as is the true characteristic of a share and after recovering from this fall we can predict the second target for the same year is about Rs.1,919.

Axis Bank Ltd Share Price Target 2025

When we go through the chart and predict the target share price for the financial year 2025, we can set the first target for this share as around Rs.2,071, and after attaining that value Share price of Axis Bank will show some uptrend too for a while and the second target of this share we can predict is around Rs.2,256.

Axis Bank Ltd Share Price Target 2030

At the end of this decade, Axis Bank can become one of the best private banks in the private sector which is also reflected in the possible share prices of this company. So we predict the first possible target which they can pass is around Rs.5,597 and the second possible target that they can surpass at the end of this decade is around Rs.6,142.

Conclusion

In this article, We have done an analysis of Axis Bank Ltd for the year 2022 to 2030, also we tried to include every aspect in this article which is really needful to know before investing in any specific company shares.

Before ending this article, I am going to tell some strengths that will become key factors for Axis Bank to emerge as the best bank in the private sector.

  • High level of services.
  • High gross margins.
  • Comprehensive cash management system.
  • Ease of market entry.

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