AXISBANK - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.3
| Stock Code | AXISBANK | Market Cap | 3,91,622 Cr. | Current Price | 1,260 ₹ | High / Low | 1,418 ₹ |
| Stock P/E | 16.0 | Book Value | 657 ₹ | Dividend Yield | 0.08 % | ROCE | 6.07 % |
| ROE | 12.7 % | Face Value | 2.00 ₹ | DMA 50 | 1,299 ₹ | DMA 200 | 1,248 ₹ |
| Chg in FII Hold | -0.54 % | Chg in DII Hold | 0.70 % | PAT Qtr | 7,071 Cr. | PAT Prev Qtr | 6,490 Cr. |
| RSI | 41.1 | MACD | 0.32 | Volume | 1,06,90,137 | Avg Vol 1Wk | 1,12,36,937 |
| Low price | 1,041 ₹ | High price | 1,418 ₹ | PEG Ratio | 0.44 | Debt to equity | 7.69 |
| 52w Index | 57.9 % | Qtr Profit Var | -0.65 % | EPS | 78.7 ₹ | Industry PE | 15.0 |
Analysis: AXISBANK is trading at ₹1,260, slightly below its 50 DMA (₹1,299) but above its 200 DMA (₹1,248), showing mixed momentum. RSI at 41.1 indicates weak sentiment, while MACD (0.32) is mildly positive. The P/E ratio of 16.0 is close to the industry average (15.0), suggesting fair valuation. PAT has grown modestly (₹7,071 Cr vs ₹6,490 Cr), though quarterly profit variation is slightly negative (-0.65%). ROE (12.7%) is decent, but ROCE (6.07%) is relatively low. With strong EPS (₹78.7) and institutional support from DIIs (+0.70%), the stock is a moderate swing trade candidate with potential upside if momentum improves.
Optimal Entry Price: Around ₹1,230–₹1,240 (near support at 200 DMA).
Exit Strategy: If already holding, consider exiting near ₹1,400–₹1,410 (close to 52-week high resistance) unless strong bullish momentum continues.
✅ Positive
- EPS of ₹78.7 reflects strong earnings.
- PAT improved to ₹7,071 Cr from ₹6,490 Cr.
- DII holdings increased (+0.70%), showing domestic institutional confidence.
⚠️ Limitation
- ROCE (6.07%) is relatively weak compared to peers.
- RSI (41.1) indicates weak momentum.
- Debt-to-equity ratio is high at 7.69, typical for banks but adds leverage risk.
📰 Company Negative News
- Quarterly profit variation slightly negative (-0.65%).
- FII holdings decreased (-0.54%), showing reduced foreign investor confidence.
🌟 Company Positive News
- Strong PAT performance despite slight variation.
- MACD positive (0.32), suggesting mild bullishness.
- Valuation (P/E 16.0) is aligned with industry average, not overvalued.
🏭 Industry
- Industry P/E is 15.0, close to AXISBANK’s 16.0.
- Banking sector remains cyclical but benefits from credit growth and rising demand.
📌 Conclusion
AXISBANK is a fair-valued swing trade candidate with moderate fundamentals and mixed technicals. Entry is favorable near ₹1,230–₹1,240, while holders should consider exiting near ₹1,400–₹1,410 to capture gains unless momentum strengthens further.