Axis Financial institution Share Worth: Axis Financial institution Purchase, Goal Worth Rs 970: ICICI Direct

ICICI Direct is a purchase on Axis Financial institution with a goal value of Rs 970. present market value. 678.4 is Rs. value can attain its goal. Analysts have given its time interval as one yr.

Axis Financial institution Restricted, integrated within the yr 1993, is a Banking firm (having a market cap of Rs 208343.79 Crore).

The main product/income segments of Axis Financial institution Restricted embrace curiosity and low cost on advances and payments, earnings from investments, curiosity and curiosity on balances with RBI and different inter-bank funds for the yr ending 31-March-2021. Huh.

monetary state of affairs

For the quarter ended 31-03-2022, the Firm has reported Consolidated Whole Earnings of Rs 23000.69 Crore, a progress of 4.12% over final quarter’s Whole Earnings of Rs 22091.19 Crore and up from Rs 21028.45 Crore for the corresponding quarter final yr. is up 9.38%. Financial institution has reported Internet Revenue After Tax of Rs 4417.73 Crore in newest quarter.

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Promoter/FII Holdings
As on 31-March-2022, promoters held 9.7 per cent stake within the firm, whereas FIIs held 51.01 per cent, DIIs 26.42 per cent.

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