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• Axis Bank announced better-than-expected second quarter results.
• After the results, the stock saw a bounce of up to 4%.
• Brokerage house Jefferies raised the target price on the stock to ₹1430.

Axis Bank Share Marathi News: It is the third largest private sector bank Shares of Axis BankIt rose more than 4 percent in early trade on Thursday. The rise in the bank’s shares came after the September quarter results. The bank’s profit fell 26 percent to Rs 5,090 crore in the second quarter of the financial year 2025-26. 6,918 crore in the same quarter last year. Amid the decline in profits, brokerage houses have given mixed views on the bank’s shares. They say a one-time provision of Rs 1,231 crore impacted Axis Bank’s profit in the quarter. But all other parameters were better than expected.

Jefferies target price on Axis Bank stock: ₹1,430

Global Brokerage JefferiesOn La Axis Bank’bye‘ is the rating. The brokerage has raised its target price to ₹1,430 from earlier ₹1,370. As a result, this stock can give investors more than 22% returns. Shares of Axis Bank closed at ₹1,169 on Wednesday.

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Jefferies believes that the RBI provision is negative for the bank. However, several other factors are positive, including a decline in depreciation and an improvement in core credit costs. Jefferies finds Axis Bank’s current valuation attractive and has slightly revised its earnings estimates in view of improving key trends.

Motilal Oswal’s target price on Axis Bank stock: ₹1,300

Motilal Oswal maintains ‘Neutral’ rating on Axis Bank. The brokerage has also assigned a target price of Rs 1,300 on the stock. This represents an increase of 11% from the current price.

According to the brokerage, Axis Bank’s pre-provision operating profit was in line with expectations. The bank’s net profit was impacted by one-time provisioning as advised by RBI. The bank’s margins declined by 7 basis points in the quarter. Management expects net interest margin to reach lower levels in the third quarter. Property quality has improved. GNPA and NNPA ratios are improved and slippage is reduced. This improvement is due to a reduction in both core and technical slippage.

Bernstein target price on Axis Bank stock: ₹1,250

Bernstein has maintained ‘Outperform’ rating on Axis Bank and assigned a target price of Rs 1,250, which is 7% higher than the current price of Rs 1,169.

Brokerages said improved fundamental trends such as decline in depreciation and improvement in card additions suggest that pressures on asset quality may now reach their lowest levels. The brokerage noted that borrowing costs remained elevated, although they were lower than previous quarters due to a one-time provision on agricultural loans. Moreover, this trend may reverse in the coming quarters, indicating an improvement.

How were Axis Bank’s Q2 results?

In the September quarter Axis Bank’s profit fell 26% to ₹5,090 crore (approx. $1.5 billion) from ₹6,918 crore (approx. $1.5 billion) in the same quarter last year. Net interest income grew 2% year-on-year to ₹13,744 crore (approx. $1.5 billion) from ₹13,483 crore (approx. $1.5 billion) in the same quarter last year.

Axis Bank’s operating income fell 3% year-on-year to ₹10,413 crore in the July-September quarter. The bank’s gross non-performing assets (NPAs) stood at 1.46% at the end of September 2025. Net NPAs stood at 0.44%, compared to 0.34% in the same period last year.

Amitabh Chaudhary, MD & CEO, Axis Bank said, “This quarter, we continued to challenge ourselves as an organization to achieve real progress. From strengthening digital security to increasing credit access and empowering entrepreneurs, our innovations are designed to meet real needs with precision and scale.”

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