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Axis Bank To Consider Financial Results, Fundraise, Dividend; Shares Rally

Axis Bank To Consider Financial Results, Fundraise, Dividend; Shares Rally

Axis Bank stock price today settled with impressive gains of 4.18% to Rs 1114.05 per share on Bombay Stock Exchange (BSE). The private sector bank informed that it will hold meeting of Board of Directors on April 24, 2024 to consider financial results, fundraise, and recommend dividend, if any. The bank has a market capitalisation of Rs 3,45,068.66 crore. Its return on equity stood at 16.02%. It is worth mentioning that FII/FPIโ€™s holdings came down from 47.32% to 43.94% for March 2025 quarter. In last 1-month, Axis Bank shares surged 10.29% when Sensex gained 3.94%, BSE BANKEX index zoomed 8.23% and BSE Financials Services index surged 8.98%. Check more details below:

Axis Bank To Consider Financial Results, Fund Raise, Dividend Soon

According to the exchange filing of Axis Bank dated April 15, 2025, โ€œWe would like to inform you that a meeting of the Board of Directors (the โ€œBoardโ€) of Axis Bank Limited (the โ€œBankโ€) will be held on Thursday, April 24, 2025, inter alia to consider and approve the following:

Axis Bank To Consider Financial Results, Fundraise, Dividend; Shares Rally

(i) Audited Standalone and Consolidated Financial Results of the Bank, for the quarter and year ended March 31, 2025.

(ii) Recommend final dividend, if any, for the financial year ended March 31, 2025.

(iii) Explore the option of raising funds through QIP, ADRs, GDRs, etc.โ€

Axis Bank Dividend History

It recommended 19 dividends since 2003. In last 1-year, Axis Bank declared a dividend of Re 1.00 per share. Axis Bank offers a dividend yield of 0.09%, according to Trendlyne.

Axis Bank Stock Split History

The bank split face value of its shares once since July 28, 2014. It last split face value of its shares from Rs 10 to Rs 2 in 2014.The share traded ex-split as on July 28, 2014.

Axis Bank Shares Performance

The 52-week high price of Axis Bank shares on BSE is Rs 1339.55 per share (as on 12/07/2024) and 52-week low price is Rs 934.00 per share (as on 27/01/2025), respectively. Axis Bank shares gained 8.44% in last 3-months, slipped over 3% in last 6-months, and zoomed 28.85% in last 2-years. In last 3-years, the stock gained over 40% and offered triple digit returns of 167.09% in last 5-years.

Axis Bank Financials Compared With Peer Group

The Bank reported its PAT for December 2024 quarter at Rs 6,303.77 crore. In comparison, HDFC Bank reported PAT at Rs 16,735.50 crore, ICICI Bankโ€™s PAT declared at Rs 11,792.42 crore, and Kotak Bankโ€™s PAT announced at Rs 3304.80 crore for the similar quarter.

Disclaimer: The story highlights upcoming dividend, financial results, fundraise, and should not be considered as investment advice by the Moneydaily.in or the Author.ย  Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.

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