We discuss the Axis Bank Share Price Target 2023, 2024, 2025, 2030, 2040, 2050. What kind of increase can be expected in the
performance of this bank relating to the private banking industry in the upcoming years?
Most investors anticipate aย very strong rise in the share price in the next years due toย aย very strong rise in the share price in the next years due to Axis Bankโs recent accomplishment in demonstrating very good business growth.
Along with carefully examining Axis Bankโs operations, weโll also closely examinesย a close look at the prospective bankโs business potential, which will give us a rough sense of how much the Axis Bank Share Price Target might rise.
About Axis Bank Company
Mumbai, Maharashtra-based Axis Bank Limited, previously known as UTI Bank (1993โ2007), is an Indian financial services and banking organization. It offers financial services to many big and small corporations, SMEs, and retail outlets.
The Life Insurance Corporation of India (LIC), National Insurance Company, General Insurance Corporation,ย The New India Assurance Company, The Oriental Insurance Corporation, and United India Insurance Company all worked together to promote the bank.
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Table of Axis Bank Share Price Target
Target Year | 1st Target | 2nd Target |
2023 | โนย 1,050 | โนย 1,200 |
2024 | โนย 1,185 | โนย 1,380 |
2025 | โนย 1,350 | โนย 1,600 |
2026 | โนย 1,550 | โนย 1,810 |
2027 | โนย 1,750 | โน 2,200 |
2028 | โนย 2,100 | โน 2,500 |
2029 | โนย 2,400 | โน 3,000 |
2030 | โนย 2,800 | โน 3,850 |
2040 | โน 18,850 | โน 20,850 |
2050 | โน 40,000 | โน 50,000 |
Axis Bank Share Price Target 2023
For the quarter that concluded on December 31, 2021, Axis Bank released positive financial results in January 2022. Higher interest and fee income caused the bankโs net profit to rise by 36% YoY to Rs. 2,666 crores.
Axis Bank became the largest shareholder in Max Life Insurance when it revealed in February 2022 that it had paid Rs. 1,592 croresย for a 12.99% ownership stake in the insurance provider.
Axis Bank share price target 2023 is as follows โ
Target Year | 1st Target | 2nd Target |
2023 | โนย 1,050 | โนย 1,200 |
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Axis Bank Share Price Target 2024
With encouraging investor mood and a brighter economic outlook, Indiaโs banking industry as a whole has been doing well lately. The stock price of Axis Bank has increased as a result of this as well.
Axis Bankโs solid financial performance, rising asset quality, and growth prospects have led a number of brokerage firms to raise their rating on the companyโs shares in recent months.
Axis Bank share price target 2024 is as follows โ
Target Year | 1st Target | 2nd Target |
2024 | โนย 1,185 | โนย 1,380 |
Axis Bank Share Price Target 2025
The bank is continuously attempting to boost its cash deposits and attract new clients, for which it is making new incentives to its clients and raising the interest rate on their savings and current accounts.
Is arriving, as a result of which customers are depositing a rising amount of money in the bank, and the bankโs CASA Ratio is increasing with excellent growth.
Axis Bank share price target 2025 is as follows โ
Target Year | 1st Target | 2nd Target |
2025 | โนย 1,350 | โนย 1,600 |
Axis Bank Share Price Target 2026
Axis Bank stated in March 2022 that the Reserve Bank of India (RBI) has given the go-ahead for it to purchase a 100% share in Capital First Limited, a non-banking financial organization. Axis Bankโs position in the retail lending industry is anticipated to improve as a result of the purchase.
Axis Bank share price target 2026 is as follows โ
Target Year | 1st Target | 2nd Target |
2026 | โนย 1,550 | โนย 1,810 |
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Axis Bank Share Price Target 2030
If seen slowly, due to increasing digitization, nowadays most people are seen doing banking work online.
According to the management, Axis Bank has been able to grow faster than other banks in the digital segment in the last few years in terms of opening new savings accounts and issuing new credit cards.
Along with this, in order to provide the best service to its customers online, it is also seen to be continuously providing more and more service by partnering with other channels, due to which there is every possibility of Axis Bankโs digital segment becoming even stronger in the coming times are visible.
Axis Bank share price target 2030 is as follows โ
Target Year | 1st Target | 2nd Target |
2030 | โนย 2,800 | โนย 3,850 |
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F.A.Q: People also ask โ
What is the target of Axis Bank share?
See 16 analystsโ long-term price targets for Axis Bank Ltd. in 53 studies. The average objective for Axis Bank Ltd. is 1101.86. In comparison to the most recent price of 873.40, the consensus estimate reflects a gain of 26.16%.
Is Axis Bank good stock to buy?
There is a lot of room for growth in Axis Bankโs company in the future due to the speed at which it is consistently seen integrating technology into its banking services.
Is Axis Bank good for long term?
In the opinion of LKP Securitiesโ banking expert, have bright futures. โย Axis Bankโย hasย consistently delivered good results. The legacy NPAs are adequately offered. The retail bookโs delinquencies are at a reasonable level.
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Conclusion
In conclusion, Axis Bank has demonstrated strong growth and financial performance in recent years, with positive financial results and strategic investments such as acquiring a 12.99% stake in Max Life Insurance.
As a result, most investors anticipate a strong increase in the share price in the upcoming years. The share price targets for Axis Bank in the years 2023-2050 range from Rs. 1,050 to Rs. 50,000, indicating a positive outlook for the bank.
However, it is important to keep in mind that market conditions can change and share prices are subject to fluctuations, so investors should do their own research and exercise caution before making any investment decisions.