Axis Bank Ltd. Hits New 52-Week High at Rs.1384.6

Feb 01 2026 10:41 AM IST
share
Share Via
Axis Bank Ltd., a leading private sector bank, reached a significant milestone on 1 Feb 2026 by hitting a new 52-week and all-time high of Rs.1384.6. This achievement underscores the stock’s strong momentum over the past year, outpacing the broader market and reflecting sustained investor confidence in the bank’s performance.
Axis Bank Ltd. Hits New 52-Week High at Rs.1384.6

Strong Price Performance and Market Context

Axis Bank’s stock price has surged by 39.10% over the last 12 months, a remarkable advance compared to the Sensex’s 7.51% gain during the same period. The stock’s 52-week low was Rs.977.95, highlighting the substantial appreciation in value. Today’s peak at Rs.1384.6 marks a new high-water mark for the company, reinforcing its position as a key player within the private sector banking industry.

Despite a minor dip of 0.01% on the day, Axis Bank’s share price remains well supported above all major moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning indicates a robust upward trend and suggests that the recent rally has strong underlying momentum.

The broader market environment has also been favourable. The Sensex opened 119.19 points higher and is currently trading at 82,538.76, up 0.33% on the day. Although the Sensex remains 4.39% below its own 52-week high of 86,159.02, mega-cap stocks are leading the gains, providing a supportive backdrop for banking stocks like Axis Bank.

Crushing the market! This Small Cap from Aerospace & Defense just earned its spot in our Top 1% with impressive gains. Don't let this opportunity slip through your hands.

  • - Recent Top 1% qualifier
  • - Impressive market performance
  • - Sector leader

See What's Driving the Rally →

Mojo Score Upgrade Reflects Improved Outlook

Axis Bank’s recent performance has been recognised by MarketsMOJO with an upgrade in its Mojo Grade from Sell to Hold as of 15 Oct 2025. The current Mojo Score stands at 67.0, signalling a moderate level of confidence in the stock’s fundamentals and technicals. However, the Market Cap Grade remains at 1, indicating that while the stock is a large-cap entity, there is room for improvement in market capitalisation metrics relative to peers.

The upgrade in Mojo Grade reflects positive developments in the bank’s financial health and market positioning, which have contributed to the stock’s upward trajectory. This shift also aligns with the stock’s ability to maintain levels above key moving averages, reinforcing the strength of the ongoing trend.

Sector and Industry Performance

Operating within the private sector banking industry, Axis Bank has demonstrated resilience and growth amid a competitive landscape. The sector itself has shown mixed performance, with some volatility in recent weeks. Nonetheless, Axis Bank’s ability to outperform the sector average and maintain a steady climb to new highs highlights its relative strength.

Today’s performance was in line with the sector, despite the stock experiencing a slight pullback after four consecutive days of gains. This pause may represent a natural consolidation phase following the recent rally, allowing the stock to digest gains before potentially resuming its upward movement.

Technical Indicators and Trend Analysis

From a technical perspective, Axis Bank’s share price trading above all major moving averages is a significant indicator of sustained bullish momentum. The 5-day, 20-day, 50-day, 100-day, and 200-day moving averages serve as key support levels, and the stock’s position above these averages suggests strong investor demand and positive market sentiment.

While the Sensex is currently trading below its 50-day moving average, the 50DMA remains above the 200DMA, signalling an overall positive medium-term trend for the broader market. This environment supports the continued strength of leading stocks such as Axis Bank.

Why settle for Axis Bank Ltd.? SwitchER evaluates this Private Sector Bank large-cap against peers, other sectors, and market caps to find you superior investment opportunities!

  • - Comprehensive evaluation done
  • - Superior opportunities identified
  • - Smart switching enabled

Discover Superior Stocks →

Summary of Key Metrics

To summarise, Axis Bank Ltd. has achieved a new 52-week high of Rs.1384.6, reflecting a 39.10% gain over the past year. The stock’s performance notably outpaces the Sensex’s 7.51% rise, underscoring its relative strength within the private sector banking space. The recent upgrade in Mojo Grade to Hold and a Mojo Score of 67.0 further highlight the stock’s improved standing.

Trading above all major moving averages, Axis Bank’s technical indicators remain positive despite a minor day-on-day decline of 0.01%. The broader market environment, with the Sensex up 0.33% and mega-cap stocks leading gains, provides a supportive backdrop for the stock’s continued momentum.

This milestone marks a significant achievement for Axis Bank, reflecting both its operational resilience and market confidence over the last twelve months.

{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News