Main Menu
Untitled Page
Home > Equity > Company info > Company Snapshot
21 October 2017

Search Quotes

  Enter at least 3 characters from BSE Code for a company or the company's name

Axis Bank Ltd (Banks - Private Sector)

Last Price 460.30
Net Changes -4.20
Volume 3302209
Prev Close 464.50
460.30 -4.20 (-0.90%)
Date: Oct 19,2017 EOD




Index Details Banks - Private Sector


Chart

Stock Price Details

Market Statistics

Open Price 464.75 Div Yield (%) 1.27
Buy (Size) 0.00(×0) Eps(Rs) 14.77
Sell (Size) 0.00(×0) Book Value(Rs) 234.2693753
Buy Quantity 0 Market Cap(Rs.Cr) 110379.71
Sell Quantity 0 Face Value(Rs) 2
Today's High 465.35 Market Lot 1
Today's Low 458.25 AGM Date Jul
52-Week High 547 Book Closure Date Jul
52-Week Low 424.6 ISIN No. INE238A01034

Share Holding Pattern

  No Of shares % Share Holding
Total Foreign (Promoter & Group) 0 0.00
Indian (Promoter & Group) 685674787 28.60
Total of Promoter 685674787 28.60
Non Promoter (Institution) 1327171012 55.35
Non Promoter (Non-Institution) 246420345 10.28
Total Non Promoter 1573591357 65.63
Total Promoter & Non Promoter 2259266144 94.23
Custodians(Against Depository Receipts) 138398630 5.77
Grand Total 2397664774 100.00

Company News

18-Oct-2017  Axis Bank slumps as bad loans rise in Q2
Axis Bank slumps as bad loans rise in Q2

Meanwhile, the S&P BSE Sensex was down 82.06 points or 0.25% at 32,527.10

On the BSE, 8.18 lakh shares were traded on the counter so far as against the average daily volumes of 5.45 lakh shares in the past one quarter. The stock had hit a high of Rs 490 and a low of Rs 475 so far during the day. The stock had hit a 52-week high of Rs 547 on 25 July 2017 and a 52-week low of Rs 424.60 on 10 January 2017.

The large-cap bank has equity capital of Rs 479.55 crore. Face value per share is Rs 2.

Axis Bank's net profit rose 35.5% to Rs 432.38 crore on 0.9% increase in total income to Rs 13820.62 crore in Q2 September 2017 over Q2 September 2016. The result was announced after trading hours yesterday, 17 October 2017.

The bank's gross non-performing assets (NPAs) rose to Rs 27402.32 crore as on 30 September 2017 from Rs 22030.87 crore as on 30 June 2017 and Rs 16378.65 crore as on 30 September 2016. The ratio of gross NPAs to gross advances rose to 5.9% as on 30 September 2017 from 5.03% as on 30 June 2017 and 4.17% as on 30 September 2016. The ratio of net NPAs to net advances rose to 3.12% as on 30 September 2017 from 2.3% as on 30 June 2017 and 2.02% as on 30 September 2016.

The bank's provisions and contingencies fell 13.3% to Rs 3140.41 crore in Q2 September 2017 over Q2 September 2016.

The bank's Net Interest Income (NII) grew by 1% to Rs 4540 crore in Q2 September 2017 over Q2 September 2016. Net interest margin stood at 3.45% in Q2 September 2017.

Meanwhile, Axis Bank said that after review the bank has decided to keep the marginal cost of funds based lending rates of the bank unchanged with effect from 18 October 2017. The announcement was made after trading hours yesterday, 17 October 2017.

Axis Bank's marginal cost of funds based lending rate (MCLR) for overnight loans will be 7.8%, the rate for one month will be 7.8% and for three months it will be 8%. The MCLR on 6-month loans will be 8.15% and for one-year loans the rate will be 8.25%, the bank said. MCLR on two-year loans will be 8.3% and for three-year loans the rate will be 8.35%.

Axis Bank is one of the biggest private sector banks in India. As on 30 September 2017, the bank had a network of 3,485 domestic branches and extension counters situated in 2,033 centres. As on 30 June 2017, the bank had 14,332 ATMs and 1,533 cash recyclers spread across the country.

18-Oct-2017  Axis Bank standalone net profit rises 35.51% in the September...
Axis Bank standalone net profit rises 35.51% in the September 2017 quarter

Net profit of Axis Bank rose 35.51% to Rs 432.38 crore in the quarter ended September 2017 as against Rs 319.08 crore during the previous quarter ended September 2016. Total Operating Income rose 0.68% to Rs 11235.08 crore in the quarter ended September 2017 as against Rs 11159.11 crore during the previous quarter ended September 2016.

ParticularsQuarter Ended
 Sep. 2017Sep. 2016% Var.
Total Operating Income11235.0811159.11 1
OPM %42.2541.07 -
PBDT636.91477.44 33
PBT636.91477.44 33
NP432.38319.08 36
17-Oct-2017  Other announcement of AXIS Bank Ltd.
Other announcement of AXIS Bank Ltd.

We are pleased to inform that the Bank has allotted 2,900 equity shares of Rs. 2/- each on 16.10.2017, pursuant to exercise of options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 479,54,63,248 (239,77,31,624 equity shares of Rs. 2/- each) to Rs. 479,54,69,048 (239,77,34,524 equity shares of Rs. 2/- each). You are requested to take the above on record.
17-Oct-2017  Axis Bank Limited - Allotment of ESOP/ESPS
Axis Bank Limited - Allotment of ESOP/ESPS

Axis Bank Limited has informed the Exchange regarding allotment of 2900 Equity Shares under ESOP
12-Oct-2017  Axis Bank Limited - Cessation
Axis Bank Limited - Cessation

Axis Bank Limited has informed the Exchange regarding Cessation of Mr V. R. Kaundinya as Independent Director of the company w.e.f. October 11, 2017.
11-Oct-2017  Axis Bank gains after reports of brokerage upgrade
Axis Bank gains after reports of brokerage upgrade

Meanwhile, the S&P BSE Sensex was up 142.10 points or 0.45% at 32,066.51.

On the BSE, 69,000 shares were traded on the counter so far as against the average daily volumes of 5.33 lakh shares in the past one quarter. The stock had hit a high of Rs 522.85 and a low of Rs 518.50 so far during the day. The stock had hit a 52-week high of Rs 547 on 25 July 2017 and a 52-week low of Rs 424.60 on 10 January 2017.

The stock had outperformed the market over the past one month till 10 October 2017, advancing 4.2% compared with the Sensex's 0.75% rise. The stock had also outperformed the market over the past one quarter, gaining 0.82% as against the Sensex's 0.66% rise. The scrip had, however, underperformed the market over the past one year, sliding 3.28% as against the Sensex's 13.68% rise.

The large-cap bank has equity capital of Rs 479.54 crore. Face value per share is Rs 2.

As per reports, the foreign brokerage house said that Axis Bank can see rerating as its asset quality improves, making valuations look attractive after its recent underperformance.

Axis Bank has underperformed the market and corporate lenders by 15-20% on the back of disappointment on asset quality and weak earnings, the brokerage reportedly said. While stress loan ratio is high at 10% of loans, the brokerage said, it is stabilizing now. Moreover, the brokerage said normalisation of credit costs and bottoming of margins will aid better earnings trajectory from second half for the current fiscal onwards.

Axis Bank's net profit fell 16.1% to Rs 1305.60 crore on 1.4% growth in total income to Rs 14052.30 crore in Q1 June 2017 over Q1 June 2016.

Axis Bank is one of the biggest private sector banks in India.

11-Oct-2017  Other announcement of AXIS Bank Ltd.
Other announcement of AXIS Bank Ltd.

This is to inform you that Shri V. R. Kaundinya, has ceased to hold office as the Independent Director of the Bank, with effect from the close of business hours on Wednesday, 11th October 2017, upon completion of the maximum permissible tenure of 8 continuous years, under Section 10A (2A) of the Banking Regulation Act, 1949. On behalf of the Employees & Directors of the Bank, we place on record the invaluable contributions rendered by Shri V. R. Kaundinya and our deep appreciation for the insightful perspectives and suggestions provided by him during the deliberations at the meetings of the Board and the Committees thereof, during his tenure as an Independent Director of the Bank.
10-Oct-2017  Axis Bank Limited - Allotment of ESOP/ESPS
Axis Bank Limited - Allotment of ESOP/ESPS

Axis Bank Limited has informed the Exchange regarding allotment of 13550 Equity Shares under ESOP
09-Oct-2017  Other announcement of AXIS Bank Ltd.
Other announcement of AXIS Bank Ltd.

DATA REGARDING FAKE/FORGED/MISSING/LOST/STOLEN/NON-TRANSFERABLE SHARES UNDER EMBARGO AS ON 30TH SEPTEMBER, 2017 - AXIS BANK LIMITED With reference to above, we enclose herewith the details regarding Fake/ Forged/ Missing/ Lost/ Stolen/ Non- Transferable shares under Embargo in the prescribed format for the quarter ended 30th September, 2017. You are requested to take the above on record. This is for your information only.
09-Oct-2017  Axis Bank Limited - Analysts/Institutional Investor Meet/Con....
Axis Bank Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Axis Bank Limited has informed the Exchange regarding Analysts/Institutional Investor Meet/Con. Call Updates
Incorporation Year 1993 
Registered Office Trishul 3rd Floor Law Garden,Ellis Bridge,
,
Gujarat-380006
Telephone 91-79-66306161 
Fax 91-79-26409321 
Chairman Sanjiv Misra
Managing Director Shikha Sharma
Company Secretary Girish V Koliyote 
Auditor S R Batliboi & Co LLP 
Face Value(Rs)
Market Lot
Listing London,MCX-SX,BSE,NSE 
Registrar Karvy Computershare Pvt Ltd
Karvy Selenium Tow-B,Pl-31&32 Gachibowli,Nanakramguda,Hyderabad-500032 
Toll Free number: 1800-425-5501 / 1800-103-5501
FINANCIAL TOOLS