Is Axis Bank a good buy for long term?
Is Axis Bank a good buy for long term?
Is Axis Bank a good long term investment? Past 10 years financial track record analysis and assessment of future prospects by Moneyworks4me indicates that Axis Bank Ltd is a good long term investment. However, you need to ensure you buy at a right price to earn good returns.
Is it good to buy shares of Axis Bank?
The brokerage retained its ‘buy’ call on Axis Bank but raised its target price to Rs 1,020 from Rs 910. It, however, said that Axis Bank’s net interest margin is below peers, and narrowing the gap can take time. CLSA. The brokerage said Axis Bank’s asset quality is strong but the pre-provision operating profit is weak.
What went wrong with Axis?
Axis Bank’s numbers were disappointing on several fronts. Be it loan growth, margins, slippages, the cost-income ratio and finally return on assets – all were inferior to larger peers. Return on assets, at 1.2\% (annualised) for second quarter of FY22, was 60–80 basis points lower than larger peers.
Why did Axis Bank shares fall?
Axis Bank shares fall nearly 7\% amid weak operating performance – check target price here. The bank’s asset quality improved too during the quarter as gross non-performing asset (gross NPAs) slipped to 3.53 per cent from 4.18 per cent YoY; Net NPAs grew marginally to 1.08 per cent from 0.98 per cent YoY.
Is Axis Bank Limited (AxisBank) stock a good investment?
According to our live Forecast System, Axis Bank Limited stock is a bad long-term (1-year) investment*. “AXISBANK” stock predictions are updated every 5 minutes with latest exchange prices by smart technical market analysis. Q&A about “AXISBANK” projections.
What is the Axis Bank Ltd stock price prediction for 2026-09-14?
Based on our forecasts, a long-term increase is expected, the “Axis Bank Ltd” stock price prognosis for 2026-09-14 is 922.656 INR. With a 5-year investment, the revenue is expected to be around +14.22\%. Your current $100 investment may be up to $114.22 in 2026.
What is the price target of AxisBank in 14 days?
AXISBANK price target in 14 days: 812.411 INR* upside and 768.858 INR* downside. (Highest and lowest possible predicted price in a 14 day period)