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 Axis Bank Limited's revenue projections show a decrease from last year, which tends to make investors more cautious. This could have a negative impact on the company's bottom line, as lower revenues typically suggest reduced profitability and growth potential, prompting concern among investors.
Financial Ratios:
currentRatio
0.000000
forwardPE
11.480454
debtToEquity
0.000000
earningsGrowth
-0.066000
revenueGrowth
0.866000
grossMargins
0.000000
operatingMargins
0.487740
trailingEps
90.150000
forwardEps
0.000000
AXISBANK's Forward PE being in a reasonable range suggests the stock is fairly priced based on its earnings. The stock isn't overpriced, leaving room for growth, making it an attractive investment for those seeking opportunities for future value appreciation.
Price projections:
Price projections for AXISBANK Price projections for AXISBANK have consistently been revised upward, indicating positive sentiment toward the company. This gradual adjustment reflects growing confidence in AXISBANK's future potential and financial outlook among analysts.
Recommendation changes over time:
Recommendations trend for AXISBANK
The recent buy bias for AXISBANK from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see AXISBANK as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.
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