ICICI Direct has buy call on Axis Bank with a target price of Rs 970. The current market price of . is Rs 752.35. Time period given by analyst is one year when Ltd. price can reach defined target.
Axis Bank Ltd., incorporated in the year 1993, is a banking company (having a market cap of Rs 232240.87 Crore).
Axis Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 22686.46 Crore, down -1.37 % from last quarter Total Income of Rs 23000.69 Crore and up 11.84 % from last year same quarter Total Income of Rs 20285.41 Crore. The bank reported net profit after tax of Rs 4380.59 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 9.7 per cent stake in the company as of 30-Jun-2022, while FIIs owned 51.35 per cent, DIIs 26.7 per cent.
Axis Bank Ltd., incorporated in the year 1993, is a banking company (having a market cap of Rs 232240.87 Crore).
Axis Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 22686.46 Crore, down -1.37 % from last quarter Total Income of Rs 23000.69 Crore and up 11.84 % from last year same quarter Total Income of Rs 20285.41 Crore. The bank reported net profit after tax of Rs 4380.59 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 9.7 per cent stake in the company as of 30-Jun-2022, while FIIs owned 51.35 per cent, DIIs 26.7 per cent.
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