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.
Technical View: The given chart took support form its 200 EMA , RSI is at
oversold zone which may indicates we can expect positive movement from the
present level. Formation of chart clearly indicate up trend.
Volume analysis:- Monthly Delivery volume decrease by 19.35% % and last 5 days
average volume increase by 6.42% , Which indicating positive trend and we
recommend “BUY’ signal @ 745 upside target 780 keeping stop loss at 710
KEY POINTS
Capital Adequacy Ratio – 19.31%
Net Interest Margin – 3.59%
Gross NPA – 3.44
Net NPA – 0.74%
CASA Ratio – 42%
ShareholdingPattern:-
Date:-30/10/2021
Key Ratio:-
P/E Ratio
30.85
1-Yr Return
61.02
(Best) P/E Ratio
0.00
30 DA Vol (m)
0.59
(Best) PEG Ratio
0.00
EPS (Rs.)
24.19
Shares Outstanding (cr)
3,065.89
Best EPS Curr (Rs.)
43.98
Price/Book Ratio
2.21
Dividend
0.00
Price/Sales Ratio
2.75
Last Dividend
0.00