Axis Bank Limited, together with its subsidiaries, engages in the provision of various banking and financial products and services. It operates through four segments: Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business. The Treasury segment is involved in investments in sovereign and corporate debt, and equity and mutual funds, as well as in trading operations, derivative trading, and foreign exchange operations. The Retail Banking segment engages in the provision of lending services to individuals/small businesses; liability products; card services, including credit, debit, and forex cards; internet banking, mobile banking, and ATM services; retail term deposits; financial advisory services; NRI and digital banking services; bill payment and wealth management services; and distribution of third-party product, such as life and non-life insurance, mutual funds, government bonds, etc. The Corporate/Wholesale Banking segment offers business lending, corporate advisory, placements and syndication, project appraisals, current and corporate term deposits, payments, trade finance products, letter of credits, bank guarantees, commercial cards, cash management, project appraisals, and capital market related services. The Other Banking Business segment is involved in para banking activities. It also engages in investments, broking, asset management, and trustee service and payment activities; operation of MSME digital invoice discounting platform; and government small saving schemes and pension schemes. The company operates multiple branches; ATMs; and recyclers in India. It also has international offices with branches in Singapore and Dubai, and representative offices in Dhaka, Dubai, Abu Dhabi, and Sharjah. The company was formerly known as UTI Bank Limited and changed its name to Axis Bank Limited in July 2007. Axis Bank Limited was incorporated in 1993 and is headquartered in Mumbai, India.
Revenue projections:
Revenue projections for AXISBANK AXISBANK is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.
Financial Ratios:
currentRatio
0.00000
forwardPE
11.28002
debtToEquity
0.00000
earningsGrowth
-0.06600
revenueGrowth
0.10900
grossMargins
0.00000
operatingMargins
0.13834
trailingEps
90.20000
forwardEps
0.00000
AXISBANK's Forward PE is at a healthy level, meaning the stock price is aligned favorably with earnings. This suggests that the stock isn't overpriced, providing room for growth and making it an appealing option for investors looking to capitalize on potential future gains. Axis Bank Limited's low growth in earnings and revenue indicates that profits could shrink. This signals potential financial difficulties for the company, suggesting that its profitability might be under pressure. Axis Bank Limited's negative gross and operating margins indicate that the company is currently unprofitable at both the production and operational levels. This suggests significant challenges in managing costs and generating revenue, which could impact its overall financial health.
Price projections:
Price projections for AXISBANK AXISBANK's price projections have gradually increased over time, indicating that analysts are becoming more optimistic about the company's prospects. This suggests confidence in AXISBANK's ability to achieve future growth.
Recommendation changes over time:
Recommendations trend for AXISBANK
The recent buy bias for Axis Bank Limited from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see Axis Bank Limited as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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