About
About Axis Bank Limited
Axis Bank Limited provides various financial products and services in India and internationally. The company operates through four segments: Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business. It provides fixed, recurring, and safe deposits; and saving, salary, current, safe custody, pension disbursement, and demat and trading accounts. The company also offers home, personal, car, two-wheeler, business, commercial vehicle construction equipment, education, gold loans, as well as loans against securities, fixed deposits, properties, and credit cards. In addition, it provides credit and debit cards; mutual funds; governmental investment products, such as public provident fund, floating rate saving bonds, and national pension system; digital gold and sovereign gold bonds; alternate investment products; insurance services, such as life, general, and health insurance; and various forex products and services. 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.
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5 years, 4 months ago
Axis Bank Limited is currently in a long term uptrend where the price is trading 13.5% above its 200 day moving average.
From a valuation standpoint, the stock is 86.0% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 4.9.
Axis Bank Limited's total revenue rose by 10.2% to $117B since the same quarter in the previous year.
Its net income has dropped by 29.7% to $13B since the same quarter in the previous year.
Finally, its free cash flow fell by 178.9% to $-164B since the same quarter in the previous year.
Based on the above factors, Axis Bank Limited gets an overall score of 3/5.