Axis Bank has achieved a market cap of INR3tn ($40bn) as its stock reached a 52-week high of INR981. The stock has yielded returns of 47% over the last year and 142% over three years. For Q1 of FY2021/22, the bank made a net profit of INR6,625 crore, growing 61% YoY, and the bank's advances increased 19% YoY to INR8.45tn. Over 37 analysts recommend buying shares; the bank is currently trading at a rate that suggests an upside potential of 13% to INR1,106.
