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Axis Bank Ltd GDR
Buy, Hold or Sell?

Let's analyze Axis Bank Ltd GDR together

I guess you are interested in Axis Bank Ltd GDR. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Axis Bank Ltd GDR. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Axis Bank Ltd GDR (30 sec.)










1.2. What can you expect buying and holding a share of Axis Bank Ltd GDR? (30 sec.)

How much money do you get?

How much money do you get?
$0.05
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
$6.02
Expected worth in 1 year
$10.14
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
$4.17
Return On Investment
6.2%

For what price can you sell your share?

Current Price per Share
$67.20
Expected price per share
$66.00 - $76.20
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Axis Bank Ltd GDR (5 min.)




Live pricePrice per Share (EOD)
$67.20
Intrinsic Value Per Share
$-10.82 - $-5.82
Total Value Per Share
$-4.79 - $0.20

2.2. Growth of Axis Bank Ltd GDR (5 min.)




Is Axis Bank Ltd GDR growing?

Current yearPrevious yearGrowGrow %
How rich?$18.5b$15.3b$3.2b17.4%

How much money is Axis Bank Ltd GDR making?

Current yearPrevious yearGrowGrow %
Making money$263.8b$108.1b$155.6b59.0%
Net Profit Margin34.4%17.2%--

How much money comes from the company's main activities?

2.3. Financial Health of Axis Bank Ltd GDR (5 min.)




2.4. Comparing to competitors in the Banks - Regional industry (5 min.)




  Industry Rankings (Banks - Regional)  

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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Axis Bank Ltd GDR?

Welcome investor! Axis Bank Ltd GDR's management wants to use your money to grow the business. In return you get a share of Axis Bank Ltd GDR.

First you should know what it really means to hold a share of Axis Bank Ltd GDR. And how you can make/lose money.

Speculation

The Price per Share of Axis Bank Ltd GDR is $67.20. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Axis Bank Ltd GDR.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Axis Bank Ltd GDR, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $6.02. Based on the TTM, the Book Value Change Per Share is $1.03 per quarter. Based on the YOY, the Book Value Change Per Share is $0.44 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.01 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Axis Bank Ltd GDR.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps85.49127.2%85.49127.2%35.1652.3%39.3458.5%31.1546.4%
Usd Book Value Change Per Share1.031.5%1.031.5%0.440.6%0.580.9%0.861.3%
Usd Dividend Per Share0.010.0%0.010.0%0.010.0%0.010.0%0.020.0%
Usd Total Gains Per Share1.041.6%1.041.6%0.450.7%0.590.9%0.881.3%
Usd Price Per Share63.30-63.30-51.80-47.60-47.66-
Price to Earnings Ratio0.74-0.74-1.47-1.84-4.91-
Price-to-Total Gains Ratio60.76-60.76-115.66-86.89-113.53-
Price to Book Ratio10.51-10.51-10.38-10.16-11.74-
Price-to-Total Gains Ratio60.76-60.76-115.66-86.89-113.53-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share67.2
Number of shares14
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.01
Usd Book Value Change Per Share1.030.58
Usd Total Gains Per Share1.040.59
Gains per Quarter (14 shares)14.598.31
Gains per Year (14 shares)58.3533.24
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11584813323
2111510616556
3217316429889
432312223130122
532882803163155
643463384195188
754043965228221
854614545260254
965195126293287
1075775707326320

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.00.0100.0%7.00.00.0100.0%
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3.2. Key Performance Indicators

The key performance indicators of Axis Bank Ltd GDR compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--1.0301.0300%0.436+136%0.581+77%0.860+20%
Book Value Per Share--6.0226.0220%4.992+21%4.636+30%4.179+44%
Current Ratio----0%0.115-100%0.143-100%0.152-100%
Debt To Asset Ratio--0.8960.8960%0.903-1%0.901-1%0.904-1%
Debt To Equity Ratio--8.6668.6660%9.356-7%9.125-5%9.513-9%
Dividend Per Share--0.0120.0120%0.0120%0.012-4%0.018-36%
Enterprise Value--34815467477.50034815467477.5000%16110339409.600+116%17657397346.620+97%24347782803.400+43%
Eps--85.48785.4870%35.159+143%39.339+117%31.152+174%
Ev To Ebitda Ratio--infinfnan%infnan%nannan%nannan%
Ev To Sales Ratio--0.0450.0450%0.026+77%0.029+58%0.056-19%
Free Cash Flow Per Share---0.304-0.3040%0.793-138%0.639-148%0.436-170%
Free Cash Flow To Equity Per Share---0.304-0.3040%5.848-105%4.359-107%4.293-107%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---5.821--------
Intrinsic Value_10Y_min---10.816--------
Intrinsic Value_1Y_max--0.376--------
Intrinsic Value_1Y_min--0.106--------
Intrinsic Value_3Y_max--0.399--------
Intrinsic Value_3Y_min---0.710--------
Intrinsic Value_5Y_max---0.460--------
Intrinsic Value_5Y_min---2.648--------
Market Cap41198976000.000-374%195379904737.500195379904737.5000%159390996889.600+23%145095996231.140+35%138732360743.400+41%
Net Profit Margin--0.3440.3440%0.172+100%0.201+71%0.167+107%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%-0%-0%
Pb Ratio11.159+6%10.51110.5110%10.377+1%10.155+4%11.737-10%
Pe Ratio0.786+6%0.7400.7400%1.473-50%1.837-60%4.913-85%
Price Per Share67.200+6%63.30063.3000%51.800+22%47.600+33%47.657+33%
Price To Free Cash Flow Ratio-221.380-6%-208.532-208.5320%65.301-419%6.401-3358%6.231-3447%
Price To Total Gains Ratio64.499+6%60.75560.7550%115.664-47%86.887-30%113.531-46%
Quick Ratio----0%0.045-100%0.009-100%0.006-100%
Return On Assets--1.4731.4730%0.682+116%0.786+87%0.644+129%
Return On Equity--14.24114.2410%7.064+102%7.826+82%6.575+117%
Total Gains Per Share--1.0421.0420%0.448+133%0.594+76%0.879+19%
Usd Book Value--18587709280.00018587709280.0000%15360661800.000+21%14076019451.920+32%12282209656.686+51%
Usd Book Value Change Per Share--1.0301.0300%0.436+136%0.581+77%0.860+20%
Usd Book Value Per Share--6.0226.0220%4.992+21%4.636+30%4.179+44%
Usd Dividend Per Share--0.0120.0120%0.0120%0.012-4%0.018-36%
Usd Enterprise Value--34815467477.50034815467477.5000%16110339409.600+116%17657397346.620+97%24347782803.400+43%
Usd Eps--85.48785.4870%35.159+143%39.339+117%31.152+174%
Usd Free Cash Flow---936929440.000-936929440.0000%2440872480.000-138%1899314330.880-149%1306074927.114-172%
Usd Free Cash Flow Per Share---0.304-0.3040%0.793-138%0.639-148%0.436-170%
Usd Free Cash Flow To Equity Per Share---0.304-0.3040%5.848-105%4.359-107%4.293-107%
Usd Market Cap41198976000.000-374%195379904737.500195379904737.5000%159390996889.600+23%145095996231.140+35%138732360743.400+41%
Usd Price Per Share67.200+6%63.30063.3000%51.800+22%47.600+33%47.657+33%
Usd Profit--263862000000.000263862000000.0000%108184500000.000+144%120745100200.000+119%94095643142.857+180%
Usd Revenue--766030400000.000766030400000.0000%627656000000.000+22%548587039600.000+40%484806973000.000+58%
Usd Total Gains Per Share--1.0421.0420%0.448+133%0.594+76%0.879+19%
 EOD+3 -5MRQTTM+0 -0YOY+24 -125Y+24 -1210Y+24 -12

3.3 Fundamental Score

Let's check the fundamental score of Axis Bank Ltd GDR based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-150.786
Price to Book Ratio (EOD)Between0-111.159
Net Profit Margin (MRQ)Greater than00.344
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.896
Debt to Equity Ratio (MRQ)Less than18.666
Return on Equity (MRQ)Greater than0.1514.241
Return on Assets (MRQ)Greater than0.051.473
Total5/10 (50.0%)

3.4 Technical Score

Let's check the technical score of Axis Bank Ltd GDR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.167
Ma 20Greater thanMa 5067.700
Ma 50Greater thanMa 10068.564
Ma 100Greater thanMa 20069.620
OpenGreater thanClose68.000
Total2/5 (40.0%)

4. In-depth Analysis

4.1 About Axis Bank Ltd GDR

Axis Bank Limited provides various financial products and services. It operates through four segments: Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business. The Treasury segment is involved in investments in sovereign and corporate debt, and equity and mutual funds, as well as in trading operations, derivative trading, and foreign exchange operations. The Retail Banking segment engages in the provision of lending services to individuals/small businesses, liability products, card services, internet banking, mobile banking, ATM services, depository, financial advisory services, NRI services, and digital banking services. The Corporate/Wholesale Banking segment offers corporate advisory, placements and syndication, project appraisals, trade finance products, letter of credits, bank guarantees, commercial cards, and cash management services. The Other Banking Business segment is involved in para banking activities. It also offers life and non-life insurance products; and government small saving schemes and pension schemes. The company operates multiple branches; ATMs; and recyclers in India. It also has international offices with branches in Singapore and Dubai, and representative offices in Dhaka, Dubai, Abu Dhabi, and Sharjah. The company was formerly known as UTI Bank Limited and changed its name to Axis Bank Limited in July 2007. The company was incorporated in 1993 and is based in Mumbai, India.

Fundamental data was last updated by Penke on 2024-12-06 08:25:05.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is very efficient in making profit.
Using its investors money, the company is very efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is expensive.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Axis Bank Ltd GDR earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Axis Bank Ltd GDR to the Banks - Regional industry mean.
  • A Net Profit Margin of 34.4% means that $0.34 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Axis Bank Ltd GDR:

  • The MRQ is 34.4%. The company is making a huge profit. +2
  • The TTM is 34.4%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ34.4%TTM34.4%0.0%
TTM34.4%YOY17.2%+17.2%
TTM34.4%5Y20.1%+14.4%
5Y20.1%10Y16.7%+3.4%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ34.4%40.2%-5.8%
TTM34.4%31.4%+3.0%
YOY17.2%28.8%-11.6%
5Y20.1%24.7%-4.6%
10Y16.7%21.4%-4.7%
4.3.1.2. Return on Assets

Shows how efficient Axis Bank Ltd GDR is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Axis Bank Ltd GDR to the Banks - Regional industry mean.
  • 147.3% Return on Assets means that Axis Bank Ltd GDR generated $1.47 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Axis Bank Ltd GDR:

  • The MRQ is 147.3%. Using its assets, the company is very efficient in making profit. +2
  • The TTM is 147.3%. Using its assets, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ147.3%TTM147.3%0.0%
TTM147.3%YOY68.2%+79.1%
TTM147.3%5Y78.6%+68.7%
5Y78.6%10Y64.4%+14.2%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ147.3%0.2%+147.1%
TTM147.3%0.2%+147.1%
YOY68.2%0.2%+68.0%
5Y78.6%0.2%+78.4%
10Y64.4%0.2%+64.2%
4.3.1.3. Return on Equity

Shows how efficient Axis Bank Ltd GDR is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Axis Bank Ltd GDR to the Banks - Regional industry mean.
  • 1,424.1% Return on Equity means Axis Bank Ltd GDR generated $14.24 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Axis Bank Ltd GDR:

  • The MRQ is 1,424.1%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 1,424.1%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ1,424.1%TTM1,424.1%0.0%
TTM1,424.1%YOY706.4%+717.6%
TTM1,424.1%5Y782.6%+641.5%
5Y782.6%10Y657.5%+125.0%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ1,424.1%2.8%+1,421.3%
TTM1,424.1%2.5%+1,421.6%
YOY706.4%2.7%+703.7%
5Y782.6%2.4%+780.2%
10Y657.5%2.7%+654.8%
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4.3.2. Operating Efficiency of Axis Bank Ltd GDR.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Axis Bank Ltd GDR is operating .

  • Measures how much profit Axis Bank Ltd GDR makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Axis Bank Ltd GDR to the Banks - Regional industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Axis Bank Ltd GDR:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
4.3.2.2. Operating Ratio

Measures how efficient Axis Bank Ltd GDR is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are $0.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Axis Bank Ltd GDR:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
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4.4.3. Liquidity of Axis Bank Ltd GDR.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Axis Bank Ltd GDR is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
  • A Current Ratio of 0.00 means the company has $0.00 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Axis Bank Ltd GDR:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY0.115-0.115
TTM-5Y0.143-0.143
5Y0.14310Y0.152-0.009
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
TTM-2.176-2.176
YOY0.1152.383-2.268
5Y0.1431.117-0.974
10Y0.15211.601-11.449
4.4.3.2. Quick Ratio

Measures if Axis Bank Ltd GDR is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Axis Bank Ltd GDR to the Banks - Regional industry mean.
  • A Quick Ratio of 0.00 means the company can pay off $0.00 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Axis Bank Ltd GDR:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY0.045-0.045
TTM-5Y0.009-0.009
5Y0.00910Y0.006+0.003
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
TTM--0.015+0.015
YOY0.0452.384-2.339
5Y0.0090.682-0.673
10Y0.00617.526-17.520
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4.5.4. Solvency of Axis Bank Ltd GDR.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Axis Bank Ltd GDR assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Axis Bank Ltd GDR to Banks - Regional industry mean.
  • A Debt to Asset Ratio of 0.90 means that Axis Bank Ltd GDR assets are financed with 89.6% credit (debt) and the remaining percentage (100% - 89.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Axis Bank Ltd GDR:

  • The MRQ is 0.896. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.896. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.896TTM0.8960.000
TTM0.896YOY0.903-0.007
TTM0.8965Y0.901-0.005
5Y0.90110Y0.904-0.003
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8960.915-0.019
TTM0.8960.724+0.172
YOY0.9030.326+0.577
5Y0.9010.761+0.140
10Y0.9040.847+0.057
4.5.4.2. Debt to Equity Ratio

Measures if Axis Bank Ltd GDR is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Axis Bank Ltd GDR to the Banks - Regional industry mean.
  • A Debt to Equity ratio of 866.6% means that company has $8.67 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Axis Bank Ltd GDR:

  • The MRQ is 8.666. The company is unable to pay all its debts with equity. -1
  • The TTM is 8.666. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ8.666TTM8.6660.000
TTM8.666YOY9.356-0.690
TTM8.6665Y9.125-0.459
5Y9.12510Y9.513-0.388
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ8.66610.715-2.049
TTM8.6668.867-0.201
YOY9.3563.978+5.378
5Y9.1259.345-0.220
10Y9.51311.610-2.097
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Axis Bank Ltd GDR generates.

  • Above 15 is considered overpriced but always compare Axis Bank Ltd GDR to the Banks - Regional industry mean.
  • A PE ratio of 0.74 means the investor is paying $0.74 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Axis Bank Ltd GDR:

  • The EOD is 0.786. Based on the earnings, the company is cheap. +2
  • The MRQ is 0.740. Based on the earnings, the company is cheap. +2
  • The TTM is 0.740. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.786MRQ0.740+0.046
MRQ0.740TTM0.7400.000
TTM0.740YOY1.473-0.733
TTM0.7405Y1.837-1.096
5Y1.83710Y4.913-3.076
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD0.7864.130-3.344
MRQ0.7404.277-3.537
TTM0.7404.718-3.978
YOY1.4735.611-4.138
5Y1.8379.054-7.217
10Y4.9139.531-4.618
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Axis Bank Ltd GDR:

  • The EOD is -221.380. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -208.532. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -208.532. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-221.380MRQ-208.532-12.848
MRQ-208.532TTM-208.5320.000
TTM-208.532YOY65.301-273.833
TTM-208.5325Y6.401-214.933
5Y6.40110Y6.231+0.170
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD-221.3802.493-223.873
MRQ-208.5322.582-211.114
TTM-208.532-0.320-208.212
YOY65.3010.514+64.787
5Y6.4010.452+5.949
10Y6.2310.106+6.125
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Axis Bank Ltd GDR is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • A PB ratio of 10.51 means the investor is paying $10.51 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Axis Bank Ltd GDR:

  • The EOD is 11.159. Based on the equity, the company is expensive. -2
  • The MRQ is 10.511. Based on the equity, the company is expensive. -2
  • The TTM is 10.511. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD11.159MRQ10.511+0.648
MRQ10.511TTM10.5110.000
TTM10.511YOY10.377+0.135
TTM10.5115Y10.155+0.356
5Y10.15510Y11.737-1.581
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD11.1590.466+10.693
MRQ10.5110.483+10.028
TTM10.5110.350+10.161
YOY10.3770.182+10.195
5Y10.1550.620+9.535
10Y11.7370.894+10.843
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets15,182,385,300
Total Liabilities13,607,155,700
Total Stockholder Equity1,570,235,200
 As reported
Total Liabilities 13,607,155,700
Total Stockholder Equity+ 1,570,235,200
Total Assets = 15,182,385,300

Assets

Total Assets15,182,385,300
Total Current Assets-
Long-term Assets-
Total Current Assets
Cash And Cash Equivalents 1,380,502,800
Total Current Assets  (as reported)0
Total Current Assets  (calculated)1,380,502,800
+/- 1,380,502,800
Long-term Assets
Property Plant Equipment 58,375,600
Goodwill 6,577,800
Long Term Investments 2,287,663,000
Long-term Assets  (as reported)0
Long-term Assets  (calculated)2,352,616,400
+/- 2,352,616,400

Liabilities & Shareholders' Equity

Total Current Liabilities-
Long-term Liabilities-
Total Stockholder Equity1,570,235,200
Total Current Liabilities
Accounts payable 36,582,200
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)36,582,200
+/- 36,582,200
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Retained Earnings 652,811,700
Total Stockholder Equity (as reported)1,570,235,200
Total Stockholder Equity (calculated)652,811,700
+/- 917,423,500
Other
Capital Stock6,173,100
Common Stock Shares Outstanding 3,086,570
Net Debt 901,492,700
Net Invested Capital 3,852,230,700
Property Plant and Equipment Gross 264,827,600



6.2. Balance Sheets Structured

Currency in INR. All numbers in thousands.

 Trend2024-03-312023-03-312022-03-312021-03-312020-03-312019-03-312018-03-31
> Total Assets 
7,037,033,671
8,140,459,676
9,278,718,058
10,103,253,271
11,955,285,100
13,444,179,600
15,182,385,300
15,182,385,30013,444,179,60011,955,285,10010,103,253,2719,278,718,0588,140,459,6767,037,033,671
   > Total Current Assets 
751,513,629
1,050,272,065
1,531,877,992
1,194,171,700
1,633,401,600
1,087,079,300
0
01,087,079,3001,633,401,6001,194,171,7001,531,877,9921,050,272,065751,513,629
       Cash And Cash Equivalents 
653,901,131
680,043,082
1,442,626,944
1,103,100,326
1,123,435,100
1,087,079,300
1,380,502,800
1,380,502,8001,087,079,3001,123,435,1001,103,100,3261,442,626,944680,043,082653,901,131
       Net Receivables 
0
0
0
0
0
425,901,700
0
0425,901,70000000
       Inventory 
22,086,151
87,276
0
0
0
0
0
0000087,27622,086,151
   > Long-term Assets 0000000
       Property Plant Equipment 
40,488,204
41,298,823
43,943,385
43,296,925
46,791,200
48,525,800
58,375,600
58,375,60048,525,80046,791,20043,296,92543,943,38541,298,82340,488,204
       Goodwill 
2,930,100
0
2,892,400
2,892,400
2,892,400
2,892,400
6,577,800
6,577,8002,892,4002,892,4002,892,4002,892,40002,930,100
       Long Term Investments 
1,530,367,120
1,740,558,546
1,207,798,544
1,860,558,703
2,746,081,300
2,880,948,300
2,287,663,000
2,287,663,0002,880,948,3002,746,081,3001,860,558,7031,207,798,5441,740,558,5461,530,367,120
> Total Liabilities 
6,394,264,452
7,461,587,341
8,414,178,211
9,065,578,796
10,770,065,000
12,142,428,600
13,607,155,700
13,607,155,70012,142,428,60010,770,065,0009,065,578,7968,414,178,2117,461,587,3416,394,264,452
   > Total Current Liabilities 
4,637,927,520
5,592,931,657
6,492,592,843
7,092,335,200
8,340,758,500
9,458,247,200
0
09,458,247,2008,340,758,5007,092,335,2006,492,592,8435,592,931,6574,637,927,520
       Accounts payable 
4,556,577,642
5,507,459,351
6,421,572,086
6,983,026,300
8,209,141,600
9,458,247,200
36,582,200
36,582,2009,458,247,2008,209,141,6006,983,026,3006,421,572,0865,507,459,3514,556,577,642
       Other Current Liabilities 
49,175,679
37,854,366
36,897,894
70,326,500
84,993,600
0
0
0084,993,60070,326,50036,897,89437,854,36649,175,679
   > Long-term Liabilities 0000000
> Total Stockholder Equity
642,074,090
678,026,188
863,404,290
1,035,937,004
1,182,606,600
1,297,817,100
1,570,235,200
1,570,235,2001,297,817,1001,182,606,6001,035,937,004863,404,290678,026,188642,074,090
   Common Stock
5,133,078
5,143,290
5,643,356
6,127,500
6,139,500
6,153,700
0
06,153,7006,139,5006,127,5005,643,3565,143,2905,133,078
   Retained Earnings 
357,632,735
390,445,008
418,305,140
481,964,800
617,262,300
477,692,500
652,811,700
652,811,700477,692,500617,262,300481,964,800418,305,140390,445,008357,632,735
   Capital Surplus 0000000
   Treasury Stock0000000
   Other Stockholders Equity 
21,193,604
22,616,364
27,757,205
35,124,400
43,726,100
1,291,663,400
0
01,291,663,40043,726,10035,124,40027,757,20522,616,36421,193,604



6.3. Balance Sheets

Currency in INR. All numbers in thousands.




6.4. Cash Flows

Currency in INR. All numbers in thousands.




6.5. Income Statements

Currency in USD. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2024-03-31. Currency in INR. All numbers in thousands.

Gross Profit (+$)
totalRevenue766,030,400
Cost of Revenue--
Gross Profit-766,030,400
 
Operating Income (+$)
Gross Profit-
Operating Expense--
Operating Income-0
 
Operating Expense (+$)
Research Development-
Selling General Administrative3,690,300
Selling And Marketing Expenses-
Operating Expense-3,690,300
 
Net Interest Income (+$)
Interest Income1,127,590,500
Interest Expense-613,907,400
Other Finance Cost-0
Net Interest Income513,683,100
 
Pretax Income (+$)
Operating Income-
Net Interest Income513,683,100
Other Non-Operating Income Expenses-
Income Before Tax (EBT)351,780,0000
EBIT - interestExpense = -613,907,400
263,862,000
877,769,400
Interest Expense613,907,400
Earnings Before Interest and Taxes (EBIT)-965,687,400
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax351,780,000
Tax Provision-87,544,600
Net Income From Continuing Ops264,922,500264,235,400
Net Income263,862,000
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net--513,683,100
 

Technical Analysis of Axis Bank Ltd GDR
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Axis Bank Ltd GDR. The general trend of Axis Bank Ltd GDR is BEARISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Axis Bank Ltd GDR's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-71.4%) Bearish trend (71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Axis Bank Ltd GDR.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 70.80 < 71.60 < 76.20.

The bearish price targets are: 66.20 > 66.00 > 66.00.

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Axis Bank Ltd GDR Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Axis Bank Ltd GDR. The current mas is .

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Axis Bank Ltd GDR Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Axis Bank Ltd GDR. The current macd is -0.15400842.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Axis Bank Ltd GDR price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Axis Bank Ltd GDR. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Axis Bank Ltd GDR price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Axis Bank Ltd GDR Daily Moving Average Convergence/Divergence (MACD) ChartAxis Bank Ltd GDR Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Axis Bank Ltd GDR. The current adx is 16.02.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Axis Bank Ltd GDR shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Axis Bank Ltd GDR Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Axis Bank Ltd GDR. The current sar is 66.71.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Axis Bank Ltd GDR Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Axis Bank Ltd GDR. The current rsi is 44.17. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Axis Bank Ltd GDR Daily Relative Strength Index (RSI) ChartAxis Bank Ltd GDR Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Axis Bank Ltd GDR. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Axis Bank Ltd GDR price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Axis Bank Ltd GDR Daily Stochastic Oscillator ChartAxis Bank Ltd GDR Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Axis Bank Ltd GDR. The current cci is 36.63.

Axis Bank Ltd GDR Daily Commodity Channel Index (CCI) ChartAxis Bank Ltd GDR Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Axis Bank Ltd GDR. The current cmo is -15.36218935.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Axis Bank Ltd GDR Daily Chande Momentum Oscillator (CMO) ChartAxis Bank Ltd GDR Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Axis Bank Ltd GDR. The current willr is -75.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Axis Bank Ltd GDR is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Axis Bank Ltd GDR Daily Williams %R ChartAxis Bank Ltd GDR Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Axis Bank Ltd GDR.

Axis Bank Ltd GDR Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Axis Bank Ltd GDR. The current atr is 1.27821733.

Axis Bank Ltd GDR Daily Average True Range (ATR) ChartAxis Bank Ltd GDR Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Axis Bank Ltd GDR. The current obv is 230,961.

Axis Bank Ltd GDR Daily On-Balance Volume (OBV) ChartAxis Bank Ltd GDR Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Axis Bank Ltd GDR. The current mfi is 58.41.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Axis Bank Ltd GDR Daily Money Flow Index (MFI) ChartAxis Bank Ltd GDR Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Axis Bank Ltd GDR.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-07-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-31RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-08-07RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-08-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-08-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-08-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-29STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-08-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-02STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-09-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-09-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-09-10STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-09-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-09-13BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-23WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-09-24RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-09-25STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-09-27RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-09-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-10-02CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-10-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-04CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-10-07STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-10-17SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-18CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-10-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-10-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-11-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-11-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-11-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-18STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-11-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-11-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-11-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-29MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-12-02SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-12-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-12-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-12-06BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-12-09STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-12-10CMO SHORT ENTRY LONG CLOSEZero line crossover to downside

6.3. Candlestick Patterns

Axis Bank Ltd GDR Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Axis Bank Ltd GDR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5044.167
Ma 20Greater thanMa 5067.700
Ma 50Greater thanMa 10068.564
Ma 100Greater thanMa 20069.620
OpenGreater thanClose68.000
Total2/5 (40.0%)
Penke
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