OICHARTS
8 AMThe 8 AM report →
BankingPre-market

Axis Bank receives upgrade with 20% upside potential

pre-market1 source ↓written by the desknot a recommendation

price target
₹1,500
₹1,300
for investors
20% upside
the estimated price-to-book
1.8 times

Shares of Axis Bank have been upgraded by UBS, which now has a buy rating and a new price target of ₹1,500, up from ₹1,300. This implies a potential 20% upside for investors. The brokerage cites a revised target multiple of 1.8 times the estimated price-to-book value for FY27, indicating strong growth prospects despite some downside risks.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 20 Nov 2025, 07:03 IST.

Sourcesnews.google.com

The market after the news

AXISBANK closed +1.2% on the day of the news, from ₹1,270.40 to ₹1,285.20; Nifty +0.5% over the same session; futures OI −0.9%.

Bulletin at 07:03 IST on 20 Nov 2025. Every change is measured from ₹1,270.40, the last close before it, on 19 Nov. Nifty 50 is measured over the same sessions.

  • AXISBANK close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
AXISBANK closes around the bulletin against the close before the news, with Nifty 50 rebased to it115712701384axis spans 20%before the news · 19 Nov1270Nifty 50AXISBANKbulletinD0+1+3+513 Nov25 Nov4 DecFutures open interest, lotspeak 1.3 LReference close ₹1,270.40. 16 sessions from 13 Nov to 4 Dec; the price axis spans 20 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before19 Nov₹1,270.40basebase
On the day20 Nov₹1,285.20▲ +1.2%▲ +0.5%+0.6 pp difference
+1 session21 Nov₹1,275.80▲ +0.4%▲ +0.1%+0.4 pp difference
+3 sessions25 Nov₹1,266.30▼ −0.3%▼ −0.6%+0.3 pp difference
+5 sessions27 Nov₹1,287.30▲ +1.3%▲ +0.6%+0.7 pp difference
Gap at the open, % · ₹
▲ +0.4%+4.57 on 20 Nov
Day's range, % · ₹
1.9%≈ 25 high to low
Volume on the day
0.85×the 20-session average
Futures OI on the day
▼ −0.9%−1,000 lots · short covering · price +1.2%
Futures OI open, lots
1.2 L20 Nov · 25 Nov expiry
Futures premium, ₹
−1.50−0.1% to spot
Puts per call, by OI
0.76from 0.68 the session before
Max pain
1,250from 1,250 the session before

Source NSE UDiFF bhavcopy · AXISBANK on the desk →

Thread · AXISBANKAll AXISBANK bulletins →

Related