Motilal Oswal has buy call on with a target price of Rs 900. The current market price of Axis Bank Ltd. is Rs 649.65.
Axis Bank Ltd., incorporated in the year 1993, is a banking company (having a market cap of Rs 197090.95 Crore).
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 19910.93 Crore, down -2.62 % from last quarter Total Income of Rs 20446.79 Crore and down -.33 % from last year same quarter Total Income of Rs 19975.99 Crore. The bank reported net profit after tax of Rs 1317.91 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 13.9 per cent stake in the company as of Dec 30, 2020, while FIIs held 51.4 per cent, DIIs 23.2 per cent and public and others 11.5 per cent
