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 is forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.
Financial Ratios:
currentRatio
0.000000
forwardPE
13.154016
debtToEquity
0.000000
earningsGrowth
0.034000
revenueGrowth
0.029000
grossMargins
0.000000
operatingMargins
0.482170
trailingEps
90.530000
forwardEps
0.000000
AXISBANK's Forward PE being in a good range indicates the stock is priced well relative to its earnings. It is not overvalued, leaving space for future growth, making it an appealing option for investors interested in long-term value appreciation. Axis Bank Limited's negative gross and operating margins reflect unprofitability, suggesting the company is unable to generate revenue sufficient to cover its costs. This could indicate deeper financial challenges or declining efficiency.
Price projections:
Price projections for AXISBANK Price projections for AXISBANK have been revised downward over time, signaling decreasing optimism about the company's outlook. Analysts appear to be adjusting their expectations as concerns about future performance grow.
Recommendation changes over time:
Recommendations trend for AXISBANK
AXISBANK has received a favorable buy bias from analysts recently, positioning it as a solid investment opportunity. This sentiment may attract more investors, who view AXISBANK as a stable option to park their money and potentially benefit from the company's continued growth and profitability.
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