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Technical Report on Axis Bank by Shyam Advisory

October 30, 2021

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.

AXISBANK - Shyam Advisory
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

AXISBANK 1 - Shyam Advisory
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