Kunal Bothra of Independent Analyst has buy call on Axis Bank Ltd. with a target price of Rs 550.0 . The current market price of Axis Bank Ltd. is Rs 534.9 Time period given by analyst is Intra Day when Axis Bank Ltd. price can reach defined target. Kunal Bothra recommended to keep stoploss at Rs 525
Axis Bank Ltd., incorporated in the year 1993, is a banking company (having a market cap of Rs 127939.39 Crore).

Axis Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 33124.96 Crore to Sales Value (74.36 % of Total Sales), Income From Investment which contributed Rs 9622.82 Crore to Sales Value (21.60 % of Total Sales), Interest which contributed Rs 1290.54 Crore to Sales Value (2.89 % of Total Sales) and Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 503.84 Crore to Sales Value (1.13 % of Total Sales)for the year ending 31-Mar-2017.

The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 27402.32 Crore (5.90 % of total assets) and Net Non Performing Assets (Net NPAs) of Rs 14052.34 Crore (3.12% of total assets). For the quarter ended 30-09-2017, the company has reported a Standalone Interest Income of Rs 8406.31 Crore, up 2.38 % from last quarter Interest Income of Rs 8210.58 Crore and up .24 % from last year same quarter Interest Income of Rs 8386.18 Crore. The bank has reported net profit after tax of Rs 432.38 Crore in latest quarter.