Axis Bank Records Rs. 25.59 Crore Block Trade on NSE at Rs. 1255.00 Per Share 1 day ago
Axis Bank recorded a block trade on the National Stock Exchange valued at Rs. 25.59 crores, with approximately 203,895 shares changing hands at Rs. 1255.00 per share. Such block trades are large, privately negotiated transactions executed outside the open market, typically involving institutional investors to minimize price impact.
Axis Bank Records Rs 127.09 Crore Block Trade on NSE at Rs 1260.40 Per Share
Axis Bank executed a major block trade on NSE worth Rs 127.09 crores involving 1,008,355 shares at Rs 1260.40 per share. The transaction represents significant institutional trading activity and demonstrates substantial market interest in the banking stock through coordinated large-volume execution.
Axis Bank Records Rs. 38.87 Crore Block Trade on NSE
Axis Bank Ltd. executed a significant block trade on NSE worth Rs. 38.87 crores involving approximately 296,294 shares at Rs. 1311.80 per share. The transaction indicates substantial institutional activity and provides insights into large investor movements in the banking stock.
Bernstein Maintains Outperform Rating on Axis Bank with ₹1,600 Target Price
Bernstein has maintained an Outperform rating on Axis Bank with a ₹1,600 target price, citing the bank's healthy Q4 performance driven by strong wholesale-led loan growth and improving asset quality. The bank achieved a Return on Assets of approximately 1.58% and is positioned to deliver around 15% Return on Equity, supported by efficient capital management and moderating NIM pressure. While the bank faced challenges from weaker fee income and trading losses, the positive fundamentals including lower slippages and reduced credit costs outweighed these temporary setbacks.
27Apr 26
Kotak Maintains Buy Rating on Axis Bank with ₹1,600 Target Despite Earnings Headwinds
Kotak Institutional Equities maintains Buy rating on Axis Bank with ₹1,600 target despite flat earnings and 7% YoY PPOP decline due to one-off provisions. While revenue and NII remained muted, the bank showed strong loan growth and steady NIM. The brokerage notes that prior re-rating versus peers may limit further upside potential in the near term.
27Apr 26
UBS Raises Axis Bank Target Price to ₹1,620 on Strong Loan Growth and Attractive Valuation
UBS has maintained its Buy rating on Axis Bank while raising the target price to ₹1,620, despite mixed Q4 performance trends. The brokerage highlighted strong loan growth of 18.5% YoY, stable NIM guidance at ~3.8%, and improving LDR as key positives. While Q4 PAT was in line with expectations, the quarter showed lower PPOP and reduced credit costs. UBS emphasized the bank's attractive valuation at ~1.7x FY27 P/BV, creating a favorable risk-reward proposition for investors.
27Apr 26
Nomura Maintains Buy Rating on Axis Bank with ₹1,560 Target Price Despite Mixed Q4 Performance
Nomura has maintained its Buy rating on Axis Bank with a ₹1,560 target price following mixed Q4 results. While PAT was in line with expectations, weak core PPOP was offset by better credit costs and strong asset quality improvement. The brokerage projects ~23% earnings CAGR supported by robust corporate loan growth and notes attractive valuations at ~1.4x FY28 P/B ratio.
Axis Bank to Invest Up to ₹3.89 Billion in Axis Max Life Insurance Partnership
Axis Bank announces investment of up to ₹3.89 billion in Axis Max Life Insurance, involving Max Financial Services in strategic partnership. This significant financial commitment demonstrates the bank's focus on expanding insurance business operations through joint venture collaboration.
HSBC Maintains Buy Rating on Axis Bank, Cuts Target Price to Rs 1420 Amid Weaker Demand Outlook
HSBC has maintained its Buy rating on Axis Bank while cutting the target price to Rs 1420 from Rs 1580, citing weaker demand outlook due to Middle East conflict impacts. The brokerage has reduced projections for growth, margins, and earnings per share, while highlighting liability pressures and potential asset risks. HSBC continues to prefer private banks over PSU banks and NBFCs, with select NBFC picks including Cholamandalam Investment and Finance, Shriram Finance, and defensive play LIC Housing Finance.
Citi Maintains Buy Rating on Axis Bank with Rs 1463 Target Price, Expects Strong Q4 Performance
Citi maintains its Buy rating on Axis Bank with a target price of Rs 1463, offering 19.8% upside potential. The brokerage expects strong Q4 performance with ROA above 1.6%, driven by corporate and SME growth. Key positives include declining slippages, stable credit costs around 0.6%, and improving asset quality, with a 30-day catalyst period identified ahead of fourth quarter results.
27Mar 26
Axis Bank Records Rs. 36.52 Crore Block Trade on NSE
Axis Bank completed a major block trade on NSE involving 302,538 shares at Rs. 1207.00 per share, generating a transaction value of Rs. 36.52 crores. This institutional trading activity reflects significant market interest in the banking stock.
Axis Bank Announces Q3 FY26 Results Schedule as Earnings Season Begins
Axis Bank has declared its schedule for announcing Q3 FY26 results as the earnings season begins. The bank joins other NSE and BSE-listed companies in releasing quarterly earnings schedules, providing transparency for investors and market participants.