Axis Bank is the third largest private sector bank in India. The Bank offers the
entire spectrum of financial services to customer segments covering Large and
Mid-Corporates, MSME, Agriculture and Retail Businesses
Capital Adequacy Ratio – 19.31%
Net Interest Margin – 3.59%
Gross NPA – 3.44%
Net NPA – 0.74%
CASA Ratio – 42%
Presently, the bank operates 4,586 branches with majority of branches present in
30% of its branches are present in Metro cities while the rest are present in urban,
semi-urban and rural areas.
Branch network has increased from ~2,900 in FY16 to ~4,600 in FY21.
It operates ~17,500 ATMs and cash deposit/ withdrawal machines across nation.
Retail loans account for 55% of bank’s loan book and corporate & SME loans
account for the rest 45%.
Retail segment has increased its share from 41% in FY16 to 55% in FY21.
Retail Book- Home loans account for 36% of retail book, followed by auto loans
(13%), rural lending (12%), personal loan(12%), loan against property (9%), credit
cards (5%), small business banking (5%) & others (8%).
The bank has 5.1% market share in assets, 4.6% in deposits & 5.6% in advances in
the banking segment.
Retail Fee Mix
Bank earns retail fees from various mediums. retail cards account for 34% of fees,
followed by retail assets (20%), third party products (20%) and the rest 26% fees
comes from other mediums.
Technical View: Axis Bank, daily chart is in to formation of classicalAscending
Triangle triangle. RSI is in to buying zone . Said share 800 will be acting as a major
hurdle to move forward in the break off said resistance can see stock reaching
Volume analysis: – 1 Day Delivery volume fell by -33.03% % over 5 day average,
However; 1 Month: Delivery volume increase by 45.94%, Hence; We recommend
BUY signal for this share Buying range of share is 770-790 for Target 828, Target
880, Use Strict stop loss 746.
Moving Averages: – Axis Bank Ltd. is trading higher than 20 day, 50 day, 100 day
and 200 day moving averages but lower than 5 day moving averages
5 Day 796.19 50 Day 730.99 200 Day 745.54
20 Day 774.82 100 Day 740.44
The Promoter holdings have decreased by -1.93%. The number of shares held by
the Promoters has decreased by -16.28%. No change in Promoter pledged shares.